Florida remains the top State in the United States for foreign buyers with Miami one of the most popular locations for overseas real estate investors.
Foreign real estate buyers made up 36% of sales in Miami and south Florida accounting for transactions worth $6.1 billion, according to the 2015 international buyer report from the Miami Association of Realtor and the National Association of Realtors.
The annual survey, which includes data for Miami-Dade, Broward has this year expanded to include Palm Beach and Martin counties, and ranks countries of origin and highlights key characteristics of foreign buyers.
Residential property prices in Ireland increased by 6.6% in 2015 with home values outside of Dublin recovering well, the latest data shows.
The figures from the Central Statistics Office show that overall the strong growth experienced in 2014 slowed considerably last year. Prices increased by 16.3% year on year in December 2014.
Month on month prices were up by 0.5% in the month of December compared to a decrease of 0.5% recorded in November.
Residential rent growth in the United States is expected to level off over the next 12 months, slowing to an annual rate of 1.1% by December 2016.
The average at the end of 2016 is projected to be $1,396 compared to $1,381 in December 2015, according to the latest rent forecast from real estate data firm Zillow.
Dubrovnik is the most expensive market in Croatia, agents say. Although prices fell as much as 30 percent after the 2008 global financial crisis, the market has stabilized in recent years.
“Anything well located and priced correctly is selling,” said Tim Coulson, the owner of First Property Croatia, a real estate company. “Supply is still very poor, with very little new development.”
In a fresh setback for India's tallest skyscraper, Palais Royale at Worli, the Bombay high court on Wednesday held that the 13 upper floors of the 56-storey building as well as a 15-storey public parking tower next to it were "completely illegal".
The Federal Reserve said it was "closely monitoring" global economic conditions, but would not raise interest rates in a decision widely expected by most analysts.
Canada Mortgage and Housing Corporation says evidence of overbuilding has grown in real estate markets in Calgary, Saskatoon, Regina and Ottawa.
The housing agency says higher vacancy rates and an increase in the inventory of new, unsold units are responsible for the rise in overbuilding.
US home prices increased at a faster clip in November, the gains fueled by solid hiring growth, historically low mortgage rates and a shortage of houses on the market.
The price of buying a home in Ireland will moderate as a result of new limitations on mortgage lending introduced by the country's central bank last year, its new governor Philip Lane said on Tuesday.
Foreign buyers are not yet returning to the French property market with the latest figures from Notaires showing that numbers have dropped almost threefold in the last decade.
Overseas buyers made up just 1% of property sales in 2015 compared to the peak of 2.8% in 2006, just before the global economic crisis. This number dropped to 1.4% by 2014 and then to 1% in 2015 and numbers are not likely to rise much in 2016.
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