Hot topics
Hot topics in the news Mortgage providers in the UK are coming under pressure to change as the lack of choice currently available for property buyers is seen as one reason contributing to the slowdown in the market.
Read full article: [Less choice from UK mortgage providers ought to be addressed]Major developers in Spain are now crashing under the pressure of the country's worst property downturn. The future of thousands of homes under construction are now in doubt.
Read full article: [Spanish property crisis deepens as major developer files for bankruptcy]Today brings more bad news for the property investor with UK sales at an all time low but there are chinks of optimism especially when it comes to foreign and prime country house property sales.
Read full article: [Opportunities for property investors despite the gloomy headlines]Evidence is mounting that property prices in London are falling but they need to fall even further before they reach rock bottom, according to leading estate agents.
Read full article: [London property downturn is just the start, estate agents warn]The property market in Mumbai is reporting a dip in house prices and rentals, with those in the suburbs the worst affected.
Read full article: [Dip in Mumbai property market prompts developers to offer freebies]Singapore's housing market is sucumbing to the global slump with official figures showing a 0.4% increase, the slowest for four years.
Read full article: [Singapore property market slowing down]The troubled Spanish property sector is unlikely to recover for at least three years, according to the latest report from a group of 19 European research institutes.
Read full article: [No recovery in Spanish property market for at least three years]The Spanish subsidiary of troubled UK developer Taylor Wimpey is reducing prices on properties it can't sell on the Costa Blanca in attempt to tempt reluctant investors.
Read full article: [Spanish subsidiary of troubled UK developer announces discounts]Property prices in Canada are showing signs of cooling after a long run of rapid increases, according to financial experts.
Read full article: [Property prices slowing in Canada but crash unlikely]The buy-to-let property market in the UK is soaring with demand up and rental yields increasing despite some claims they are too high.
Read full article: [Buy-to-let in UK lucrative as rental demand soars]The property market in Spain is 'dead' and unlikely to improve in 2008, according to two experts.
Read full article: [Sit out 2008, spanish property investors are advised]Worries that the real estate market in Dubai is a bubble waiting to burst are dismissed by the major developers who claim that population growth alone will be enough to sustain demand.
Read full article: [Demand will continue to outstrip supply in Dubai, it is predicted]Property investors in New Zealand are facing a double whammy - prices and rental yields are falling.
Read full article: [Downturn in prices and visitors a blow for New Zealand property investors]High speculation property investment is coming to an end in Panama and investors should look to the longer term, it is claimed.
Read full article: [Over supply worries hit Panama City condo market]Real estate agents in the US are turning away sellers in some areas because there are simply too many properties on the market.
Read full article: [Real estate agents turning away business in hard hit US market]With property in many parts of the US fetching bargain prices, real estate agents are organising bus tours to take potential investors to view foreclosed properties.
Read full article: [Looking for a bargain in the US – hop on the bus!]The global credit crunch isn't affecting property as much as predicted and one expert is even claiming that talk of an international downturn have been exaggerated.
Read full article: [International property doom and gloom overstated, experts claim]Bargain property in the US is attracting a lot of interest from foreign investors but some commentators are warning the downslide is not finished.
Read full article: [Canadians and thirty-something Europeans boosting US property market]Interest in luxury property in scenic locations in New Zealand, fuelled by the success of the Lord of the Rings films, is facing a downturn.
Read full article: [Lord of the Rings boom ends for luxury property market in New Zealand]The Spanish government has rejected calls to use public funds to jump start the ailing Spanish property market and bail out struggling developers and real estate agents.
Read full article: [Spanish government refuses to intervene to stimulate struggling property market]Prices for prime central London property have begun to fall, according reports from leading UK estate agents.
Read full article: [Prime property prices in London take a dip]A steep entrenchment in American house prices, despite sharp interest rate cuts, is still expected according to financial analysts.
Read full article: [No bright light for US property price improvement, banks say]Despite being unaffected by the global credit crunch Canada is likely to see a downturn in its property market within the next year, it is claimed.
Read full article: [Canada property market downturn 'inevitable']As a result of the real estate crisis in Spain, nearly one third of the 1.8 million properties build since 2005 cannot be sold, according to a leading construction association.
Read full article: [Over half a million Spanish properties built since 2005 still unsold]The South African residential property market is expected to experience a relatively mild downturn rather than a huge dive, according to a leading bank.
Read full article: [South Africa to weather the credit crunch storm, bank predicts]Property sales in Spain plummeted 24.4 percent in February from a year earlier, according to official data, in yet another sign of the sharp downturn in the once booming real estate market.
Read full article: [Spanish property sales down again but owners remain optimistic]Property is a selling for 'silly' prices in Berlin but those tempted to invest could wait a long time for any return.
Read full article: [Bohemian berlin is cheap but a black hole for investors, analysts claim]Strong evidence is emerging that Scots are opting to rent rather than buy because of the concerns with the property market, according to latest research by Scotland's leading online letting portal Citylets.
Read full article: [Scots opt to rent rather than buy in current credit climate]Moves are afoot in Murcia, a lesser-known part of south-eastern Spain, that will increase facilities in the region and jolt interest in property, it is claimed.
Read full article: [Murcia moves to entice more foreign property buyers]Estate agents in Spain are offering property for sale in Sterling in a bid to attract more British buyers as prices in many areas continue to fall.
Read full article: [Buy in Spain, buy in Sterling!]The Association of Residential Letting Agents (ARLA) is warning landlords not to get carried away by the steep rise in the demand for private rental accommodation resulting from the downturn in the housing market.
Read full article: [Landlords urged to be cautious as rental demand soars]The property market in Scotland appears to be bucking the downward trend despite the credit crunch and the mortgage shortage, housing experts say.
Read full article: [Good news for property market in Scotland]Astute property investors in the UK with cash reserves could find 2008 one of the most profitable years ever, according to a respected property author.
Read full article: [Cash buyers should reap benefits in 2008]The next decade is going to bring a boom in second home ownership according to a well respected new study.
Read full article: [Property boom is on its way according to new study]The housing market in the UK is deteriorating faster than expected with the decline accelerating in the last three weeks, according to the country's largest house builder.
Read full article: [Housing market decline is accelerating, UK's largest house builder claims]Cars, mortgage perks, holidays and even cash back are being offered by developers desperate to sell their new build properties in areas hit by the downturn in the property markets.
Read full article: [Freebies on offer from developers eager to sell]Florida, with Miami and Orlando in particular, is America's worst performing real estate market, according to the influential Forbes Group.
Read full article: [Florida worst investment in the US according to official list]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]Real estate agents feeling the pinch of the property downturn still need to meet their sales quotas; so driving a hard bargain could be the way to a good investment.
Read full article: [Real estate agents feel the pinch so drive a hard bargain]The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices down from the Irish countryside and the Spanish coast to Baltic seaports and even in parts of India.
Read full article: [Chief Euro economist says investors should look beyond the surface]America's leading economist Alan Greenspan has given a gloomy prediction for Spain's already ailing property market.
Read full article: [Greenspan believes Spain has 'bigger' real estate bubble than US]Buy in the best locations and you can profit from the property downturn, a leading property entrepreneur claims.
Read full article: [Property entrepreneur poised for 'best' investments]South Korea may experience a property bubble burst like the United States if sluggish home sales continue amid an economic downturn, pushing more builders to the brink of bankruptcy and eroding debt repayment capabilities of mortgage borrowers, according to an economic institute.
Read full article: [Property slump warnings for South Korea makes Far East wobbly]Real estate company Labaro became the latest victim of Spain's property sector slowdown when it filed for protection against its creditors this week, joining several other companies that have gone into administration last week.
Read full article: [Rollercoaster for Spanish property sector]While headlines scream of a property market nosedive and some experts warn of negative equity and financial instability in the UK, one city has no such worries.
Read full article: [Edinburgh bucks the UK property trend]The housing market in New Zealand could fall as much as 10% in the next few months, investors are warned.
Read full article: [New Zealand property prices could fall by 10%]The slowing global economy is forcing several real estate companies to restructure.
Read full article: [The overseas reverse of international property investment]With the increase in rates likely, and the property market falling, many homeowners will be suffering.
Read full article: [Australian property owners to take another hit]Bahrain is just one of the emerging UAE real estate markets and has already shown year on year growth.
Read full article: [Bahrain property market still moving ahead nicely]Latest information available says that Ireland was the poorest performing property market in Europe in 2007.
Read full article: [Ireland is Europe's worst property market]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.
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.
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