The majority of young people renting their home still believe in the American Dream of owning their own home, according to new research from the National Association of Realtors (NAR).
Although only half of surveyed households believe the economy is currently improving, nearly all young renters eventually want to buy a home and compared to earlier this year an increasing share believes their personal financial situation will improve in the months ahead.
The value of construction in most regions in New Zealand increased in the third quarter of 2015 with Auckland seeing a new high of $943 million worth of residential work, up $107 million from a year ago.
Overall building work worth $4.2 billion was put in place in the September 2015 quarter, up 4% on the September 2014 quarter, according to official figures from Statistics New Zealand.
The median price -- at the midpoint of all sales prices -- is now $1.1 million, up 11 percent in a year, said the CityRealty website, which reports on real estate data
The villa is in a 56-acre (23-hectare) park between Versailles and Marly-le-Roi and took three years to construct, according to Cogemad's website
Home sales in Canada increased by 1.8% month on month in November with the number of new listings also rising, up 3.1% compared with October, the latest index figures shows.
Prices also increased, up by 10.2% year on year but this figure is affected by prices in Greater Vancouver and Greater Toronto as when they are excluded the annual price growth is 3.4%.
San Francisco's housing market has grown so unaffordable that some experts say the market is already in a bubble and it's not the only market in the United States that they are concerned about.
A third of the experts surveyed in the latest Zillow Home Price Expectations Survey said the San Francisco housing market is in a bubble and another 20% believe the market is at risk for bubble conditions within the next year.
Some of the bling that once characterised the Dubai real estate market is set to return with celebrities seeking to build a new breed of luxury villas and over 50 shelved projects being resurrected.
From the ordinary buyer and seller perspective some 51 real estate projects valued at AED12 billion are being revived with government backed funding initiatives which means that developers registered with the Dubai Land Department can get building again.
Dubai's real estate sector has stuttered this year following a rebound close to the peak values of the previous decade as a strong local currency made buying property more expensive for foreign investors
A boom in Swedish home prices since the late 1990s has driven up household debt to among the highest levels in Europe
“During, before and after the global turndown, the economy was very solid, so Colombia became a very interesting place for local and foreign investors, both individual investors and companies,” said Verónica Dávila, director of Propiedades Julio Corredor, Christie’s International Real Estate Colombia.
Starting around 2009, real estate sales boomed, while the country was “performing very well economically and politically” and there was a “very high level” of confidence among local and foreign investors, Ms. Dávila said. But the market started to slow down at the end of 2013, she said.
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