News

To make property in New Zealand more affordable, government should focus on improving the supply of housing in the country.  That’s the recent conclusion of a Reserve Bank of New Zealand study into the country’s housing market. The New Zealand Herald reports that ‘the pace that new housing can be built is a ‘critical factor’ […]

Cancelled public infrastructure projects and a decline in sales of property in Portugal are causing significant problems to the construction sector in the country, with leading firms calling on the government for help. Unemployment in the construction industry is rising amid further concerns about the state of Portugal’s property market. Government cuts and fall in

Scottish property is the most affordable in the UK, according to the Bank of Scotland. The figures, released at the weekend, show that compared to the rest of the UK, Scottish property is more affordable thanks to low house prices and even lower mortgage rates. A “substantial improvement” The Bank of Scotland found that despite

Harlequin Hotels & Resorts has bought a new island hotel for immediate development, which is expected to help houses for sale in Barbados. The Allamanda Beach Hotel on the south coast of Barbados will be given an $11m renovation to create the first of Harlequin’s Luxury Boutique Hotel range. The hotel, which the company believe

For those of you looking to transfer money abroad in the coming weeks and months, recent strength in the Pound has improved exchange rates, but what is likely to happen next?   Fundamentally, sterling is still weak and vulnerable to a fall. Recent troubles in the USA and Eurozone in particular have contributed to weaker

Brad Pitt and Angelina Jolie have moved into a Scottish manor for the summer. The couple are in Scotland with their family while Pitt films his latest movie. World War Z, in Glasgow. The movie stars had a wealth of real estate options in a market with even Scottish islands for sale recently, but they

Prices of property in some of India’s leading markets have fallen by up to 15 per cent in the last month, partly due to higher interest rates in the country. With homebuyers delaying the purchase of a property thanks to the increased cost of borrowing, prices are expected to fall further in the next few

Sales of contemporary homes have fallen in America for the third month in a row, but developers of new homes in the UK are staying strong. New home sales dropped 0.7 per cent in July, the latest figures from the Commerce Department show. This marks a five-month low in America, as foreclosures and used property

Low mortgage rates and confidence in the housing market resulted in stable sales of property in Canada during July.  New figures from the Canadian Real Estate Association (CREA) show that residential property sales were stable in July compared to June with gains in some markets. Sales of property in Canada remain stable CREA president Gary

Photo credit: TalkMediaNews Alec Baldwin is attempting to sell his luxury apartment, marking the second time he’s listed his designer homes in as many years. The 30 Rock star recently listed his New York luxury home for sale, with the intention of moving to downtown Manhattan. The flat, which is on the 22nd floor of