China’s rich seek shelter from stock market storm in foreign property

SYDNEY/LONDON (Reuters) – Realtors in Australia, Britain and Canada are bracing for a surge of new interest in their already hot property markets, with early signs that wealthy Chinese investors are seeking a safe haven from the turmoil in Shanghai’s equity markets. Sydney realtor Michael Pallier said in the past week alone he has sold … Read more

UK:House prices rise as surveyors report few properties on market

House prices in the UK unexpectedly surged in June with a shortage of homes on the market driving the pace of increases to the fastest level in nine months. The Royal Institute of Chartered Surveyors reported that the average stock of houses per surveyor had fallen to the lowest level since it started collecting this … Read more

Taylor Scott International: KENYA REAL ESTATE MARKET REPORT – FIRST QUARTER 2015

Taylor Scott International, conducted a property market survey in Nairobi for the first quarter 2014. The company collected a total number of 1792 surveys collected across a range of different venues. The majority of people who participated belong to the middle and upper class .The main objective of this survey was to identify property ownership … Read more

The ‘hot’ housing market is about to experience a serious cooldown

“For more than 30 years, consistently falling mortgage interest rates have helped spur more home sales. But in about a year’s time, that decades-long tailwind will likely shift to a housing headwind.” Sales will be hit hard, according to a worried analysis from Zillow. But not yet. Home sales have been hot, by post-Financial Crisis … Read more