REAL ESTATE

House Prices in Hong Kong are Cooling

Following government measures to slow speculation, Hong Kong residential property prices rose only 6.7% (2.39% in real terms) during the year to May 2012, according to the Ratings and Valuation Department (RVD). In June 2012, home sales volumes were 34.9% down on the same period last year.

Latvian Property: The Rich Man’s Boom

During the year to March 2012, the average price of apartments in Riga, the capital, dropped by 1.5%, according to Arco Real Estate (although during the latest quarterly, residential property prices were up by 1.54%).
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It's A Rental

Buying a rental property is a big move. You want to make passive income, but you don't want to take a lot of risks doing so. Passive income has a certain kind of allure to it, but it also takes a lot of work to set up.

On the Trail of the US Housing Recovery

One crisp fall Sunday afternoon under bright blue skies, my wife and I visited five homes up for sale. We remembered them by their street names: Big Acre, Blue Silo, Pontiac, Prairie Rose and Lamont.

Why You Should Have Become a Property Investor

Thank you to readers for their feedback to Monday's Daily Reckoning. We were expecting some outraged hate mail at our scepticism. Instead it was only thoughtful and often sad stories from people who had to personally experience the issues we raved about.

Housing Boom in Lima Continues

Peru’s housing market has been sizzling hot the past two years, making a strong comeback in 2010. Not surprisingly, as there was 8.8% GDP growth in 2010, followed by 6.9% economic growth in 2011 (figures from Central Reserve Bank of Peru (BCRP)).

Mortgage Rates Increases: Wrong Questions, Wrong Answers?

Nothing excites Australians like house prices and mortgage rates. It is no surprise, therefore, that the recent decision by major banks to increase interest rates 'outside the cycle' - that is independently of the Reserve Bank of Australia (RBA) - has led to hyperventilation among consumers and politicians.

House Price Falls in Sweden

Swedish house prices have fallen slightly since the peak in Q1 2010. During 2011 they fell by 2.7% (4.89% in real terms) to an average price of SEK 1,969,000 (€221,316), according to Statistics Sweden.

The Fallback Investment Strategy Your Retirement Needs

Retirement was something you were supposed to have sorted out by now. Superannuation was something that was going to help you do it. And the age you tell your boss, or your employees, 'I quit' was something you were supposed to have your eye on.

Do The State Real Estate Institutes Have a Future in a National Property Industry?

Over the next 5 to 10 years the real estate industry across the country is going to undergo massive changes as we shift from a collection of state based industry's to a true national real estate industry. As we prepare to evolve into true national industry it makes sense that we ask ourselves just what role state based real estate institutes can play in that future.

Justin Bieber to Purchase $7 Million Dollar Mansion?

News is out that teenage heartthrob, Justin Bieber, is looking to by a million dollar mansion in Calabasas, California. Now what’s up with the hefty prized mansion and who is the 18-year old planning to take home? Wasn’t it just last month that Bieber supposedly bought a love pad for his girlfriend, Selena Gomez? With all the mansions the Bieber is deciding to buy, how much money did his single hit, “Boyfriend” roll in?

Lee levels series for Australia

Two early strikes from Brett Lee proved the key as Australia beat the West Indies by 30 runs in St Lucia on Sunday and in doing so squared the five-match series two-all.

Australian Property Hits a New Kind of High

Australia's property obsession is reaching a frenzy. There is talk of a being able to bet on a new property index, clearance rates are making news alongside gossip columns and some analysts are warning of an impending crash.

House Price Falls Continue in Most of the UK

UK house prices rose 1.11% during 2011, according to Nationwide. However in inflation-adjusted terms, UK house prices were actually down by 3.4%, following a series of annual house price drops during the past three quarters.

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