REAL ESTATE

Oman Surges Ahead

Residential prices in Oman are significantly down from their 2008 peak, especially within Integrated Tourism Complexes (ITCs).

South Africa: Beautiful Country, Worrying Politics

South Africa's property market has slowed, with house prices declining modestly in 2011. South Africa's house prices rose 2.3% in nominal terms, which translates into a decline of 2.6% in real terms, a disappointment following 2.7% house price rises in real terms in 2010.
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South Korea's Housing Market Heating Up

South Korean house prices bounced back in 2011, after a slow second half of 2010. Housing starts and transaction volumes were strongly up. House prices rose by 6.86% (2.60% in real terms) during 2011, according to the Korean Statistical Information Service (KOSIS). The Seoul house price index was up by 0.29% (-3.72% in real terms) during 2011, less than the national house price index.

Quake-traumatized Japanese shun condos

Property research firm www.globalpropertyguide.com investigated on the property development in Japan almost a year after the devastating earthquake.The Tohoku Earthquake of March 2011 had a not entirely surprising effect - the Japanese are now more nervous of condos, and their prices have fallen sharply.

Thriving property market in Seychelles

Property research firm, www.globalpropertyguide.com has featured the possibilities of investing in the thriving property market of Seychelles. Blessed by nature, the Seychelles is an archipelago of 115 islands with superb beaches, an unspoiled landscape, virgin forest, amazing marine life, lots of orchids, bougainvilleas, hibiscuses, gardenias and frangipani, and a profusion of bird species found nowhere else. It is 1,600 km off the coast of East Africa, with a population of only 81,000.

Vow Financial Opens up Webinars to Industry

Aggregator Vow Financial has kicked off the year by launching a series of webinars that will be open to all brokers via their Facebook pages - not only its member brokers.

House Prices End Year on a High

The RBA's decision to cut rates on Melbourne Cup day resulted in an immediate impact on house prices with properties in Australia's capital cities recording their first price rise of the year in November.

S&P Lauds Pepper’s Business Model

Ratings agency Standard & Poor’s has boosted Pepper’s overall ranking in recognition of the company’s strong performance in the sub-prime residential mortgage space.

Impact of Exit Fee Abolition up for Debate

More than a quarter of a million mortgages were sold after last year's July 1 deadline for abolishing exit fees but the ban's impact on competition remains uncertain.

Westpac Reclassifies $28.8 Billion Mortgages

Westpac Bank (ASX: WBC), in a filing with the Australian Stock Exchange, said that it reclassified the allocation of loan purpose between owner-occupied and investment housing to better reflect the purpose of the loan.

REIA not Alone in Running Out of Ideas

Domain.com.au's recent blog entry highlighted a trend amongst an industry and governments that have run out of ideas on how to make housing more affordable.

China Slows Significantly, House Prices Vulnerable

How much further will the slide in Chinese house prices go? National house prices had their third monthly decline in November, a fall of 0.3%, according to the China Real Estate Index System (CREIS).

Are We Ready to Live in Homes Designed to Counter Floods?

The changing climate has made it more difficult to predict weather patterns that could either be damaging to life and property. Some architects from the U.S. and Asia have devised the latest of designs in order for homes to withstand the wrath of Mother Nature.

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