‘Affordability is becoming a headache for homebuyers’: Yun
Argentina’s housing market “had a promising start in the first quarter” after a strong performance last year, said Miriam Rivas, a senior sales leader at Raul Mel Propiedades, a brokerage in Buenos Aires. But in recent months, currency fluctuations and economic turbulence have slowed activity considerably, as the country struggles to curb inflation and stimulate foreign investment.
In the seaside suburbs of Tel Aviv, the market is “booming like crazy” and cranes are a common sight, as residential buildings are renovated and expanded.
Average new home prices in China's 70 major cities rose 1 % in June from a month earlier, higher than the previous month's reading of 0.7 %, according to Reuters calculations based on an official survey on Tuesday
Home-building, buoyed by foreign investment, is thriving in Spain 10 years after a property bubble burst, and the new Socialist government is now looking to rein in some areas of the market
Statscan revised April's figures to show a 4.7 % decline, slightly larger than the 4.6 % drop initially reported
The home wasn’t perfect. The two-bedroom townhouse lacked parking and a backyard. Its proximity to a major road and a train station made for noisy evenings.
But like many young Australians, Georgia Blackie felt she needed to buy it or rent for the rest of her life.
Home prices in Greater Vancouver have rocketed upward over the past decade. In the past three years alone, they have increased more than 40 percent, said Phil Moore, the president of the Real Estate Board of Greater Vancouver.
There is no official multiple listing service or housing database in Costa Rica, which makes it difficult to track sales and pricing. But Dominical-area agents said they have seen a surge in sales in the past year. “We are a lot more active,” said Dave West, an owner of Re/Max Costa del Sol Properties.
The country's property market has been heating up lately, despite intensifying official curbs, prompting several local governments to announce new rules this month to limit companies from purchases
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