Monthly rents for private sector accommodation across the Ireland increased by 7.1% in the second quarter of this year compared with the same period last year, the latest published data shows.
Nationally, rents for houses were 6.4% higher, while apartment rents were 7.6% higher than in the second quarter of 2014, according to the data from the Private Rented Tenancies Board (PRTB) which is regarded as the most accurate and authoritative rent report of its kind on the private accommodation sector in Ireland.
The Dolomites, a mountain range that is part of the Southern Alps, are tucked into the northeastern corner of Italy on the Austrian border. Since 2009 the area has been a Unesco World Heritage site — and as the citation notes, it features “some of the most beautiful mountain landscapes anywhere, with vertical walls, sheer cliffs and a high density of narrow, deep and long valleys.”
Pending home sales in the United States retreated in August but remained at a healthy level of activity and have now risen year on year for 12 consecutive months, the latest real estate data shows.
A modest increase in the West was offset by declines in all other regions but demand continues to outpace supply, according to the index report from the National Association of Realtors.
The Pending Home Sales Index, a forward looking indicator based on contract signings, decreased 1.4% to 109.4 in August from 110.9 in July but is still 6.1% above August 2014 when it was 103.1.
Chinese developer Shimao Property Holdings Ltd won an auction for a residential site worth HK$7 billion ($903.23 million), the government said on Tuesday.
Ireland plans to bring in legislation linking residential rents to the rate of inflation, in a bid to curb soaring rental costs, the Sunday Times reported.
Ireland's housing shortage has become a major political issue ahead of elections due in the next six months.
While Dubai continues to pump out sumptuous new apartment blocks, for a rising number of expatriates the city no longer offers the luxury lifestyle that lured many foreigners to the Gulf.
A shortage of affordable homes and a reduction in overseas allowances since the financial crisis are pushing foreign staff on middle incomes out to less glamorous areas of the city far from the office, or to neighbouring Sharjah.
When he bought Grand Central Terminal nine years ago, Andrew S. Penson figured that the unused development rights, or air rights, over the country’s busiest train station were worth a fortune.
The soft-spoken real estate investor, however, failed to come to terms with a developer next door who needed them, or to sell even one square foot of more than a million square feet of those rights.
On Monday, Mr. Penson filed a $1.1 billion lawsuit in United States District Court in Manhattan that argued that the administration of Mayor Bill de Blasio, a Democrat, the City Council and the developer, SL Green Realty Corporation, had deprived him of his property rights when the city gave SL Green permission to build a 1,501-foot tall office tower, without having to buy any air rights from him.
The housing market is on the minds of many Canadians these days, particularly millennials eager to achieve the financial milestone of home ownership. But hot markets and rising prices may be turning today’s new homeowner into a member of the growing “house-rich, cash-poor” population, with plenty of others wondering if they’ll be renters for the rest of their lives.
Pamela D'Mello explains why India's western state of Goa is making a concerted effort to woo back tourists from Britain.
In three weeks, Roy Barreto will reopen the restaurant he had boarded up during the monsoon, in anticipation of a new season of business.
He is hoping the October sun, and the charter flights that come with it, will bring in more customers to his seafood restaurant Betty's Place, on the banks of the Sal river in south Goa.
This year, he is also hoping his favourite customers - the British holidaymakers - will return to the state.
It was developed and built by Argentina's Faena Group and contains just 47 residences. But the penthouse is by far the most luxurious
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