Dubai Seen Prepared as Home Prices Predicted to Tumble 20%

Faced with predictions that Dubai home prices may drop as much as 20 percent this year, analysts say the emirate’s real estate developers and lenders are better prepared than when a crash in 2008 brought the city to the brink of bankruptcy. Standard & Poor’s this week estimated that values may fall by as much … Read more

Kenya:Dependence on Real Estate May Disappoint

By Kosta Kioleoglou  Kenya remains the largest economy in East Africa with significant potential to further capitalize on regional markets and strengthen its position as the region’s economic powerhouse. With the recent discovery of oil, gas and coal representing a great opportunity for its overall development, Kenya is now viewed as the economic engine of … Read more

Australian housing market facing ‘bloodbath’ collapse: economists

The Australian real estate market is in the grip of the biggest housing bubble in the nation’s history and Melbourne will be at the epicentre of an historic “bloodbath” when it bursts, according to two housing economists. A bloodbath in the housing market, however, appears a near certainty due to the magnitude of falls required … Read more

UK:Home lending reaches £16bn

An estimated £16.2billion-worth of mortgages was handed out in May, marking a five-month high, figures from the Council of Mortgage Lenders (CML) showed. Writing on the CML’s website, CML economist Mohammad Jamei said: “As we expected, activity in the housing market is showing signs of a modest recovery.” He added that the low mortgage rates … Read more

China January-May Housing Sales Rise 5.1% but Property Investment Continues to Slow

SHANGHAI–China’s housing sales in the first five months of the year rose 5.1% year-over-year, a reversal from the 2.2% decline recorded in the first four months as lower borrowing costs and relaxed mortgage requirements lured home buyers back into the market. Housing sales in January to May totaled 2.07 trillion yuan ($333 billion), according to … Read more

Easing in Dubai rentals, prices a ‘healthy correction’: report

Apartment lease rates fell 2.4% while sale prices decreased 1.5% in first 6 weeks of Q2 Dubai is expected to create over 277,000 new jobs in the run up to the Expo 2020. (Patrick Castillo) Residential rents and prices continue to decline in the first six weeks of second quarter compared to first quarter 2015, … Read more

Top 10 luxury real estate markets in the world

London is the most popular  of the top 10 luxury real estate markets in the world according to Christie’s International Real Estate report. According to Christie’s International Real Estate: “The world’s top cities experienced an explosion in luxury home sales during 2013, fueled by pent-up demand, increasing consumer confidence and robust stock market returns. In … Read more

Taylor Scott International and Group First

Taylor Scott International is pleased to announce  a new strategic partnership with Group First .As of June 2015 Taylor Scott International will be officially promoting Park first ltd – International Airport car Parking to its clients around the world. Park First Ltd is a wholly owned subsidiary of Group First Global Ltd. Group First is a … Read more

Canada : Get a grip on Vancouver’s housing market

There is not an issue facing Metro Vancouver more multifaceted and complex than the cost of housing, a fact vividly illustrated by the current debate enveloping the topic here. Recently, the mayor of Vancouver appealed to the province to introduce tax measures aimed at cooling off a red-hot real estate market, which has become increasingly … Read more

UK:Jump in mortgage approvals hits six-year high as housing market bounces back

The number of mortgage applications given the green light increased by 6,131 from March to April, the biggest jump in six years and a early sign that the UK housing market is bouncing back after a muted six months and disruption caused by the general election. New data from the Bank of England showed that … Read more