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  • UK home buyers fall by a third

    August 22, 2016

    One third of UK estate agents report there have been no changes in the housing market since Brexit and a further third state that interest from foreign investors has remained the same.

    Author: ICREA

  • NZ remains welcoming to foreign buyers

    August 18, 2016

    While some markets are working to dampen foreign investments to keep home prices in check, NZ has retained a welcoming policy toward foreign home buyers, in spite of fast-rising prices.

    Author: ICREA

  • Ripple effect from new BC property tax

    August 16, 2016

    The impact of the tax reaches beyond just the initial deal with the domestic sellers of those properties having made offers on other properties, contingent on the sale of their current property.

    Author: ICREA

  • Olympic market boost for Rio likely delayed

    August 11, 2016

    Because the outlook has soured, developers haven’t moved forward with many of the anticipated private residential and commercial developments. But many believe that once the economy begins to improve, developers will move forward with plans.

    Author: ICREA

  • Cyprus showing signs of stabilization

    August 09, 2016

    Cyprus’ immigration policy and legal framework now enable non-EU applicants to obtain Cypriot citizenship on an expedited basis (within 3 mos. of filing an application) and there is no residency requirement or payment to the government.

    Author: ICREA

  • Rate cut in UK benefits current homeowners but not FTBs

    August 05, 2016

    While the rate cut means that mortgages will become more affordable, it doesn’t necessarily help first-time buyers – many of whom are unable to take the first step on the housing ladder due to a shortage of properties and unaffordable prices.

    Author: ICREA

  • Vancouver begins taxing new foreign home buyers

    August 03, 2016

    The tax was instituted to discourage foreign speculators from driving up prices in the Vancouver area market but many don't believe it will have an impact.

    Author: ICREA

  • Growing supply and demand problem in the Netherlands

    August 01, 2016

    Heightened activity has resulted an ever-increasing speed in the decline of inventory. The average time it takes to sell a home is now 90 days, down by 21 days compared to a year ago and nearly 13% of homes are being sold for more than the asking price.

    Author: ICREA

  • US home sales hit 9 year high but inventory a concern

    July 28, 2016

    At the pace of sales recorded in May, it would take 4.7 months to clear the stock of houses on the market. A six-month supply is viewed as a healthy balance between supply and demand.

    Author: ICREA

  • Housing program faces cuts in Brazil

    July 26, 2016

    Since its creation, more than 2.6 million low-cost homes have been built with 4.2 million new houses on contract. Analysts fear that large budget cuts to address Brazil's budget deficit will disrupt construction plans.

    Author: ICREA

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