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  • Finnish real estate industry may have bottomed out

    April 21, 2015

    Statistics Finland’s preliminary data shows home prices rose by 0.1% nationwide from January to February 2015, led by the Greater Helsinki market where prices went up by 0.4%. Other areas of the country saw a decrease in prices of 0.2%.

    Author: ICREA

  • Prices up in the Dutch housing market with stabilizing transaction volumes

    April 17, 2015

    In 1Q 2015, prices increased by 0.1% compared to 4Q 2014. The average sale price is €211,000, which is 14% less than at the start of the crisis, but 5% higher than the lowest point reached.

    Author: ICREA

  • Change in tax duty good news for South African middle income buyers

    April 15, 2015

    The thresholds for rates were adjusted up for each of the price tiers. The highest tier (properties prices above R2,250,001 increased from 8% to 11%, hitting luxury home buyers the hardest.

    Author: ICREA

  • NYC luxury condo market is softening

    April 13, 2015

    New development and luxury sub-market condos, which have led market growth for the past two years, may have reached a saturation point.

    Author: ICREA

  • Winners and losers with new Scottish tax

    April 09, 2015

    While the sliding scale of percentage of tax owed did not change, the thresholds for scale payments are now lower, resulting in higher taxes for more expensive properties.

    Author: ICREA

  • New Home Sales fall year over year in Sao Paulo

    April 07, 2015

    The reduction in sales compared to the same month in 2014 may indicate a continuing negative expectation around Brazil’s economic environment, but does not necessarily mean the year will end with fewer sales.

    Author: ICREA

  • Africa proving increasingly attractive to investors

    April 03, 2015

    International real estate investors see the need for good quality commercial and residential properties to support the country’s growth.

    Author: ICREA

  • Political uncertainty casts a shadow on Greek recovery

    April 01, 2015

    While home prices are still declining, the rate has slowed considerably. Year-over-year prices declined in 2014 but the 4Q saw a slight increase in some locations, including in Thessaloniki, Greece’s second largest city.

    Author: ICREA

  • Turn around in the Finnish housing market

    March 30, 2015

    Consumer’s purchasing intentions remain caution as the market moves into the busy spring home buying period, according to government statistics. In light of this, KVKL advocates for mortgage interest deduction, retention of first-time buyer tax advantages, and for no dramatic changes in owner-occupied housing schemes.

    Author: ICREA

  • Prague residential development coming back

    March 26, 2015

    Between the years 2014 and 2016, the city of Prague estimates there will be a boost in housing construction with some 5,000 dwellings completed annually.

    Author: ICREA

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