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The Land Registry have issued new figures that show average British house prices falling by 0.8 per cent in January.The average house price is now £156,753, down almost £28,000 on January 2008. This represents an annual decrease of 15.1 per cent. In London the average price fell 14.1 per cent annually to £306,183. It is the seventeenth […]

Ukraine has recently received a loan from the European Bank for Reconstruction and Development (EBRD) that will enable it purchase new rail cars and replace much of its older rolling stock. The aging fleet of cars has hampered the country’s economic growth, and it will also be a boon in tough economic times.   The

Previously owned home sales in the US fell 5.3 percent in January after showing an increase in December, according to the National Association of Realtors. Existing home sales, which are the largest part of all home sales in the country, fell to an annualized rate of 4.49 million in January. That is the slowest pace

The Caribbean island of St. Lucia has become one of the hottest destinations in this part of the world, and with good reason. There are a number of new hotels and resorts on the island that offer a low-scale luxury that is very high on service. The island itself has plenty of amazing views and

UK based overseas property website Homesgofast.com demonstrates how things have changed in real estate with social media being an integral part of online marketing. The 21st century phenomena, and a web 2.0 craze has seen the site developing international contacts via Twitter which is a microcosm of the social networking craze. For some businesses, still trying

Research from Knight Frank global property consultancy indicates that the value of English farmland increased by 16% last year (from £4129/acre to £4796/acre). The research from the companies farmland index shows that the decline in sterling meant that prices actually fell for many overseas buyers when converting from their local currency.   For example, as the graph below shows, anybody backed by US

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Portugal’s national statistics agency, the Instituto Nacional de Estantistica (INE), has recently released its latest figures on house prices in the country. Through September, 2008, house prices in the country fell 4.8 percent throughout Portugal. The average price of a home was €1,164 per square meter in September, down 6.5 percent from the peak price

The Dubai property market is expected to stagnate in 2009 and 2010, but show significant growth in 2011, according to the latest research. As a result of the global economic crisis, the region’s property market has slowed considerably and growth has slowed to a virtual halt.   Real estate services firm Jones Lang LaSalle indicates

The Kingdom of Saudi Arabia is set to be the largest real estate market in the Middle East, according to a report from real estate advisory Jones Lang LaSalle. Saudi Arabia is one of the fastest growing countries in the world and, unlike most of the other Middle East nations, demand for property is coming