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Property news by Property Wire

Sun
Jul 20th
2008
Home arrow Hot topics arrow Hot topics in the news

News related to interest rate

Banks blamed for chronic lack of investment in Vietnam real estate
2008-07-12 10:12:38 [Asia]

The real estate market in Vietnam is slowing as rising interest rates and banks cutting lending opportunities begins to affect activity.

Read full article: [Banks blamed for chronic lack of investment in Vietnam real estate]
 
Property investor interest in South Africa growing but Zimbabwe remains a 'dark cloud'
2008-07-05 10:33:20 [Africa]

Property investors in South Africa are encouraged by a wider selection of properties and taking advantage of bargains as over-extended owners come under pressure to sell because of higher interest rates.

Read full article: [Property investor interest in South Africa growing but Zimbabwe remains a 'dark cloud']
 
Escalating inflation seen as threat to booming property markets in Asia
2008-06-27 14:02:38 [Asia]

Asia is showing signs of its property boom coming to an end according to financial experts.

Read full article: [Escalating inflation seen as threat to booming property markets in Asia]
 
Major property investment players looking to Germany
2008-06-23 10:23:24 [Europe]

Property investment in Germany is taking a new turn as specialist firms target Berlin and Frankfurt as having major potential.

Read full article: [Major property investment players looking to Germany]
 
Thriving rental property market opportunities in south africa
2008-06-20 14:02:01 [Africa]

High interest rates are pushing up the demand for rental properties in South Africa according to the head of a leading property group.

Read full article: [Thriving rental property market opportunities in south africa]
 
New property buying guide gives good and bad side of investing in Brazil
2008-06-19 10:01:37 [South America]

Coastal cities in Brazil offer the highest returns for property investors according to a new guide to buying in the country.

Read full article: [New property buying guide gives good and bad side of investing in Brazil]
 
No crisis in UK buy-to-let industry experts claim
2008-06-14 09:55:08 [Europe]

The UK buy to let market is not in crisis and it is a good time for professional investors, according to three respected national organisations.

Read full article: [No crisis in UK buy-to-let industry experts claim]
 
French property market stable, reports FNAIM
2008-05-15 18:02:53 [Europe]

The French estate agency federation, FNAIM, predicts a stable year for property prices in France in 2008, with average rises likely to be no greater than the rate of inflation – currently around 1.6%.

Read full article: [French property market stable, reports FNAIM]
 
Banks and mainstream lenders not only source of property funds
2008-05-12 14:04:33 [Europe]

UK property investors may be worried about the availability of funds as the banks and mainstream lenders continue their squeeze, but there are plenty of other sources of finance, according to an independent finance broker.

Read full article: [Banks and mainstream lenders not only source of property funds]
 
Current credit climate makes it important for property investors to seek advice
2008-05-09 14:02:12 [Related Stories]

People who are purchasing an overseas property don't always take professional advice despite the fact they wouldn't do the same in their own country, leading experts are warning.

Read full article: [Current credit climate makes it important for property investors to seek advice]
 
First time buyers forced to rent by lack of mortgage products, research shows
2008-05-09 08:28:31 [Europe]

The number of people renting property in the UK has risen by 5% since last October mainly because first time buyers can't get mortgages.

Read full article: [First time buyers forced to rent by lack of mortgage products, research shows]
 
Insiders less gloomy about property prices in Sydney
2008-04-23 09:09:11 [Australasia]

Property prices in Sydney are set to climb despite talk of a continuing slump due to rising interest rates and low levels of affordability, according to property analysts.

Read full article: [Insiders less gloomy about property prices in Sydney]
 
Property industry professionals in Australia remain gloomy
2008-04-18 09:02:10 [Australasia]

The residential property market in Sydney, Australia, is expected to remain in the doldrums for another two years, according to a survey of industry professionals.

Read full article: [Property industry professionals in Australia remain gloomy]
 
Losers and winners in the European property market
2008-04-03 18:06:22 [Europe]

Though some European countries are experiencing growth, recent house-price figures indicate that, as in the U.S., things in Europe are slowing down.

Read full article: [Losers and winners in the European property market]
 
Australia rates to stay high for another year
2008-03-24 15:03:03 [Australasia]

Interest rates in Australia are likely to remain high for another year and homeowners will suffer as a result. Plus, the reverse mortgage industry takes hit.

Read full article: [Australia rates to stay high for another year]
 
US federal reserve cuts rates to spur property market
2008-03-19 18:03:03 [North America]

The economy and housing market is at the center of Fed Rate cut.

Read full article: [US federal reserve cuts rates to spur property market]
 
Interest rates may fall in Australia
2008-03-15 15:03:03 [Australasia]

Interest rates may take a fall sooner than expected as the country tries to improve economic risks.

Read full article: [Interest rates may fall in Australia]
 
Property loan approvals increase in Australia
2008-03-13 09:04:05 [Australasia]

Reports show that Australia's home loan approvals are up more than was expected by economists.

Read full article: [Property loan approvals increase in Australia]
 
Latvian economy and property market struggling
2008-03-11 17:03:55 [Europe]

Latvia's economy shows signs of struggle with growth dropping. The housing market here continues to cool.

Read full article: [Latvian economy and property market struggling]
 
Landlords and tenants struggle as Australian rates rise
2008-03-10 13:01:01 [Australasia]

Affordable housing is in demand in Australia as lenders continue to raise mortgage rates, pushing more homeowners and renters into tight situations.

Read full article: [Landlords and tenants struggle as Australian rates rise]
 
Property repossessions increase in Scotland
2008-03-10 12:02:06 [Europe]

Scotland homeowners are struggling to make payments and record numbers need to seek out government help.

Read full article: [Property repossessions increase in Scotland]
 
UK buy to let market faces unknown future
2008-03-08 13:02:46 [Europe]

UK buy to let market will be harder to get into than ever, but interest rate will not hurt it.

Read full article: [UK buy to let market faces unknown future]
 
Investment opportunities as rates rise in New Zealand
2008-03-07 23:03:24 [Australasia]

Property prices in New Zealand are falling as the country takes a serious hit by housing market slowdown.

Read full article: [Investment opportunities as rates rise in New Zealand]
 
Chinese government initiatives cool down ecomony
2008-03-07 18:04:02 [Asia]

The Chinese government's effort to slow the runaway economy seems to be working. Demand is beginning to slow and several property developers are cutting prices to encourage sales.

Read full article: [Chinese government initiatives cool down ecomony]
 
Australian rates rise as homeowners struggle
2008-03-06 09:03:03 [Australasia]

Australian central bank increases their benchmark lending rate again. Union says that Australian homeowners are struggling and a rate increase will further hurt them.

Read full article: [Australian rates rise as homeowners struggle]
 
More help needed in foreclosures says Fed Chief
2008-03-06 05:03:03 [North America]

The Federal Reserve Chairman in the US says additional help is needed to stop the ongoing distress in the housing market.

Read full article: [More help needed in foreclosures says Fed Chief]
 
New Zealand owners try to ride out the storm
2008-03-05 23:33:03 [Australasia]

Many feel the pinch of the current market squeeze, but homeowners who want to ride out the storm will need more behind them.

Read full article: [New Zealand owners try to ride out the storm]
 
Bank of Canada cuts rate
2008-03-05 20:03:48 [North America]

The Bank of Canada cut its key benchmark lending rate by one half point, in the hopes of stimulating the economy. At the same time, Realtors Association says records will be met this year.

Read full article: [Bank of Canada cuts rate]
 
German economy still going strong
2008-03-05 18:04:04 [Europe]

The German economy may be the only reason why the EU central bank may avoid cutting interest rates when it meets later this week.

Read full article: [German economy still going strong]
 
US dollar excellent for UK investors
2008-03-02 17:03:03 [North America]

The US Dollar's fall in value signals more buying power for UK and EU Property Investors.

Read full article: [US dollar excellent for UK investors]
 
GCC continues debate over dollar peg drop
2008-03-02 03:03:00 [Middle East]

As the GCC contemplates the use of a single currency, the debate over removing the peg to the US dollar continues. Rakaa Properties, a Saudi Arabian firm, is one of the companies that have added their voice to the call.

Read full article: [GCC continues debate over dollar peg drop]
 
UK first time buyers remain left out
2008-03-01 15:03:00 [Europe]

First time homebuyers are still unlikely to be in a position to get on the property ladder until the market bottoms out. In return, buy to let owners will benefit.

Read full article: [UK first time buyers remain left out]
 
Confidence in Taiwan property at its lowest
2008-03-01 13:04:10 [Asia]

Overall confidence in the performance of the property market in Taiwan is at an all time low. In fact, according to a recent survey, confidence in the last three months of 2007 was at its lowest level in five years.

Read full article: [Confidence in Taiwan property at its lowest]
 
Sydney howeowners renovating rather than purchasing
2008-03-01 09:04:26 [Australasia]

As Australia's housing market swells in value, many homeowners see renovating as a better option than purchasing or building a new property.

Read full article: [Sydney howeowners renovating rather than purchasing]
 
Wells fargo reports trouble in US market
2008-02-29 19:02:55 [North America]

Wells Fargo offers insight into 200 troubled counties and cities in US. Bernanke says foreclosures are hurting the country's economy.

Read full article: [Wells fargo reports trouble in US market]
 
Interest rates continue to rise in New Zealand
2008-02-29 13:02:38 [Australasia]

ANZ National will raise key lending rates to mortgage industry again, saying severe market conditions warrant it.

Read full article: [Interest rates continue to rise in New Zealand]
 
Luxury properties push Singapore market upwards
2008-02-28 17:02:00 [Asia]

One way to measure the success of a property market is by measuring the evolution of luxury in that market. Singapore's market has evolved considerably in recent times.

Read full article: [Luxury properties push Singapore market upwards]
 
Developers eye Turkey property market
2008-02-24 21:05:27 [Europe]

Turkey continues to be of interest to property investors, who see the bargains here to be too good to pass up.

Read full article: [Developers eye Turkey property market]
 
US jumbo loans expensive and hard to obtain
2008-02-20 09:04:08 [North America]

Jumbo loans remain difficult to obtain - While the US is currently a buyer's market, these larger home loans offer the most savings but are still costly.

Read full article: [US jumbo loans expensive and hard to obtain]
 
UK house prices rise for first time in four months
2008-02-20 07:08:46 [Europe]

Latest reports show that prices have risen in the UK residential housing market for the first time in four months.

Read full article: [UK house prices rise for first time in four months]
 
Australian property owners try the DIY approach
2008-02-19 09:07:25 [Australasia]

The Australian property market sees significant changes in the future, including two rate hikes and a new website that targets homes not for sale.

Read full article: [Australian property owners try the DIY approach]
 
Investors pulling out of New Zealand markets
2008-02-14 09:04:28 [Australasia]

Property investors in New Zealand are pulling out more now than ever. Furthermore, the central bank plans to level high rates until at least the middle of 2008.

Read full article: [Investors pulling out of New Zealand markets]
 
Home owners still manage to buy dream homes
2008-02-08 23:01:34 [Australasia]

Since 1994, number of properties financed each year has doubled and home buyers are still getting properties they want.

Read full article: [Home owners still manage to buy dream homes]
 
Rand currency woes might boost property markets
2008-02-08 17:03:22 [Africa]

With the Rand getting weaker and other things also beginning to happen in South Africa, it is quite possible that the property markets might get a nice boost.

Read full article: [Rand currency woes might boost property markets]
 
Uk rate cut may not benefit investors
2008-02-08 11:02:10 [Europe]

The Bank of England cuts UK benchmark lending rate, but mortgage lenders plan to increase rates; investors here may still pay more to buy.

Read full article: [Uk rate cut may not benefit investors]
 
Australian banks want to increase mortgage rates
2008-02-07 15:02:55 [Australasia]

Australia banks want to increase home loan rates ahead of Central Bank while home building approvals fall, showing more signs of the struggling property market here.

Read full article: [Australian banks want to increase mortgage rates]
 
Defaulters in Australia to rise in the coming year
2008-02-05 21:08:09 [Australasia]

Australian homeowners trapped by rising interest rates and falling house prices may default in record numbers this year alone.

Read full article: [Defaulters in Australia to rise in the coming year]
 
US housing market offers an easy entry point
2008-02-04 21:04:37 [North America]

The US housing market has affordable interest rates for financing purchases and property prices may fall to lowest levels since 2000, making it a prime attraction for investors both nationally and internationally.

Read full article: [US housing market offers an easy entry point]
 
Interest rates stabilise in South Africa
2008-02-04 12:09:37 [Africa]

After a long rise, it appears that for the moment interest rates in South Africa are going to stay put.

Read full article: [Interest rates stabilise in South Africa]
 
US economy faces payroll decline
2008-02-02 17:07:39 [North America]

For first time in four years, the US economy lost jobs. This may encourage Fed to drop rates again.

Read full article: [US economy faces payroll decline]
 



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Muriu Beach, Natal

Feature story

Winners and losers in the global property market defined by growing oil prices

Soaring oil prices are affecting property investment across the globe to such an extent that countries that import energy supplies are likely to see even more of a downturn before markets bottom out.

Company news

Phuket tourism rising above global worries

Constantly rising oil prices have been taking their toll on the travel and tourism industry, especially with airlines raising prices or cutting flights and routes - or both. As a result, the Tourism Authority of Thailand (TAT) recently announced a downward revision of its predictions of tourist figures for 2009.

Forum Watch

Tough times need tough investors

It is difficult to escape the property headlines this week with all news outlets mentioning property. The frustrations of investing in property during a downturn are well documented in the forums this week.

Currency watch

Dollar gains ground over good data

The US dollar gained a lot of ground yesterday as good data was released in the US. There was a large selloff in Crude Oil futures as US crude inventories gained an unexpected 3.0M Barrels.

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