Opalesque Real Estate Briefing » Research http://www.opalesque.com/Realestate_Briefing Daily global real estate investment news Wed, 15 May 2013 00:49:48 +0000 http://wordpress.org/?v=2.5.1 en US: A reality check on real estate http://www.opalesque.com/Realestate_Briefing/?p=62540 http://www.opalesque.com/Realestate_Briefing/?p=62540#comments Wed, 15 May 2013 00:49:10 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=62540 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=62540>Article Link</a> New statistics on the real estate market show home prices have risen by about 9% over the past year. Does this mean that real estate is back? On April 30, the Standard & Poors/Case-Shiller Home Price Indices release showed that a composite of real estate prices in 20 major metropolitan markets had increased by 9.3% over the past year, the best annual gain since May 2006. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=62540 House prices rise for first time since mid-2010, finds surveyors report http://www.opalesque.com/Realestate_Briefing/?p=62491 http://www.opalesque.com/Realestate_Briefing/?p=62491#comments Tue, 14 May 2013 03:09:01 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=62491 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=62491>Article Link</a> Government measures responsible for pickup in demand that has yet to be matched by increase in supply, says Rics. Fresh evidence that Britain’s housing market is recovering from its long post-recession torpor has emerged as estate agents report the first upward trend in house prices in almost three years. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=62491 10 hottest U.S. housing markets of 2013 http://www.opalesque.com/Realestate_Briefing/?p=61989 http://www.opalesque.com/Realestate_Briefing/?p=61989#comments Fri, 10 May 2013 02:39:42 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61989 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61989>Article Link</a> After a long and painful downturn in the housing market, home prices in many—but not all—regions of the U.S. are showing signs of recovery. According to Zillow, a real estate listing website, home values rose 5.1% across the U.S. between February 2012 and February 2013. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61989 Real estate markets in the emirate of Sharja remain resilient says Cluttons http://www.opalesque.com/Realestate_Briefing/?p=61980 http://www.opalesque.com/Realestate_Briefing/?p=61980#comments Fri, 10 May 2013 02:37:23 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61980 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61980>Article Link</a> The real estate market in Sharjah remains resilient and is one of the Emirate’s top performing sectors, according to the latest report from property firm Cluttons. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61980 India: Weak demand for real estate may continue in June quarter http://www.opalesque.com/Realestate_Briefing/?p=61979 http://www.opalesque.com/Realestate_Briefing/?p=61979#comments Fri, 10 May 2013 02:37:07 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61979 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61979>Article Link</a> India’s real estate market is likely to continue to remain sluggish in the quarter ending 30 June and developers may have to drop prices to revive demand for offices and homes, according to industry reports and analysts. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61979 Australia: Confused by reports on what the property market is doing? You’re not alone http://www.opalesque.com/Realestate_Briefing/?p=61977 http://www.opalesque.com/Realestate_Briefing/?p=61977#comments Fri, 10 May 2013 02:36:11 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61977 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61977>Article Link</a> Did city prices stagnate in the March quarter? Or did they show moderate growth? Or perhaps they rose strongly? All three interpretations are possible, depending on which information source you choose to highlight. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61977 Canada: Housing starts fall 3.5pct in April as market faces ‘new reality’ http://www.opalesque.com/Realestate_Briefing/?p=61976 http://www.opalesque.com/Realestate_Briefing/?p=61976#comments Thu, 09 May 2013 02:48:05 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61976 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61976>Article Link</a> Housing starts cooled in April, suggesting that home builders are scaling back construction in the wake of the decline in home sales. And, notably, the consensus estimate among economists for this important spring month was virtually bang on. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61976 UK: House prices rise in April, says Halifax http://www.opalesque.com/Realestate_Briefing/?p=61969 http://www.opalesque.com/Realestate_Briefing/?p=61969#comments Thu, 09 May 2013 02:45:48 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61969 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61969>Article Link</a> Prices rose 1.1% over the month and 2% over the year, but significant constraints remain on housing demand, according to the bank. House prices continued on their upward trajectory in April, partly driven by a big drop in the level of new borrower’s mortgage payments in relation to their income over the past six years, according to the Halifax. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61969 Over 50pct of Americans expect home prices to rise http://www.opalesque.com/Realestate_Briefing/?p=61941 http://www.opalesque.com/Realestate_Briefing/?p=61941#comments Wed, 08 May 2013 01:42:09 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61941 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61941>Article Link</a> More than half of Americans now expect the country’s home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry, according to new data from mortgage-finance company Fannie Mae. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61941 Baku real estate market prices grew by 1.2pct in April http://www.opalesque.com/Realestate_Briefing/?p=61932 http://www.opalesque.com/Realestate_Briefing/?p=61932#comments Wed, 08 May 2013 01:39:43 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61932 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61932>Article Link</a> In April the Baku real estate market observed a price rise by 1.2%. At that, the prices grew by 3.54% since early 2013 and by 7.8% versus the 2012 same term. MBA Group consulting company’s general director Nusret Ibrahimov says that in April prices on the primary housing market of Baku grew by 9.6% from $914 up to $977 per sq m and by 14.68% against last year’s same term. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61932 India: Distressed office space assets to go up http://www.opalesque.com/Realestate_Briefing/?p=61929 http://www.opalesque.com/Realestate_Briefing/?p=61929#comments Wed, 08 May 2013 01:38:51 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61929 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61929>Article Link</a> Supply of office properties from developers struggling to fund, complete or sell their projects is likely to increase further in the April-June quarter, according to the latest RICS India Commercial Property Survey. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61929 Japan is property ‘market to watch’ http://www.opalesque.com/Realestate_Briefing/?p=61799 http://www.opalesque.com/Realestate_Briefing/?p=61799#comments Tue, 07 May 2013 02:39:50 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61799 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61799>Article Link</a> Direct investment in global real estate hit the highest level since 2008 in the first quarter, led by a surge in investment in Asia Pacific commercial property. More than $27 billion was directly invested in Asia Pacific commercial real estate in the first quarter, a 26 percent increase from the same quarter of 2012, according to the last capital flows report from Jones Lang LaSalle. Of the total, $20 billion came from domestic deals, while cross-border transactions in the region slipped 24 percent from a year earlier. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61799 UK: Increased optimism as property market shows early signs of recovery http://www.opalesque.com/Realestate_Briefing/?p=61708 http://www.opalesque.com/Realestate_Briefing/?p=61708#comments Fri, 03 May 2013 02:21:56 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61708 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61708>Article Link</a> The number of homes sold in the UK reached a three-year high during March as increased confidence in the market translated into sales, according to the latest Royal Institution of Chartered Surveyors survey. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61708 Housing market forges on with April house price rise http://www.opalesque.com/Realestate_Briefing/?p=61707 http://www.opalesque.com/Realestate_Briefing/?p=61707#comments Fri, 03 May 2013 02:21:39 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61707 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61707>Article Link</a> Further evidence of a recovery in the housing market emerged today, with figures showing house prices rose 0.3% in April – the third consecutive month that values have increased across the country. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61707 US: Housing market accelerates http://www.opalesque.com/Realestate_Briefing/?p=61673 http://www.opalesque.com/Realestate_Briefing/?p=61673#comments Thu, 02 May 2013 01:49:21 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61673 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61673>Article Link</a> Home prices are rising at the fastest rate in seven years, with some communities seeing double-digit gains, as buyers are returning to a market where the number of properties for sale is in short supply. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61673 U.K. property prices little changed as Nationwide sees momentum http://www.opalesque.com/Realestate_Briefing/?p=61669 http://www.opalesque.com/Realestate_Briefing/?p=61669#comments Thu, 02 May 2013 01:48:03 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61669 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61669>Article Link</a> U.K. house prices were little changed in April, according to Nationwide Building Society, which said there are signs of momentum in the property market. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61669 Scotland: Housing market showing signs of recovery http://www.opalesque.com/Realestate_Briefing/?p=61666 http://www.opalesque.com/Realestate_Briefing/?p=61666#comments Thu, 02 May 2013 01:46:23 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61666 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61666>Article Link</a> House prices recorded their strongest annual increase in more than a year in April, amid further signs that the market is seeing a pick-up, Nationwide reported. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61666 Austrian housing market to remain buoyant in 2013 http://www.opalesque.com/Realestate_Briefing/?p=61665 http://www.opalesque.com/Realestate_Briefing/?p=61665#comments Thu, 02 May 2013 01:45:59 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61665 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61665>Article Link</a> After almost nine years of continuous house price rises, the Viennese housing market remains buoyant. However, house price rises are now slowing. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61665 State of the S.Africa property market http://www.opalesque.com/Realestate_Briefing/?p=61663 http://www.opalesque.com/Realestate_Briefing/?p=61663#comments Thu, 02 May 2013 01:45:09 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61663 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61663>Article Link</a> The latest issue of Rode’s Report on the SA Property Market reveals a modicum of good news for the industrial property market, says property valuer and economist Erwin Rode of Rode & Associates. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61663 Doha property market stable http://www.opalesque.com/Realestate_Briefing/?p=61662 http://www.opalesque.com/Realestate_Briefing/?p=61662#comments Thu, 02 May 2013 01:44:53 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61662 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61662>Article Link</a> Property sales in Doha have carried on at a swift pace, with the total value of transactions increasing by an estimated 2% in the first quarter of 2013. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61662 UK: House price rise disguises regional differences http://www.opalesque.com/Realestate_Briefing/?p=61622 http://www.opalesque.com/Realestate_Briefing/?p=61622#comments Tue, 30 Apr 2013 02:22:10 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61622 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61622>Article Link</a> House prices in England and Wales increased by 0.1% in March, according to the latest Land Registry report, but the headline figure disguised a mixed pattern of rises and falls around the regions. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61622 London property market hits 2007 levels as prices rise for third month in a row http://www.opalesque.com/Realestate_Briefing/?p=61621 http://www.opalesque.com/Realestate_Briefing/?p=61621#comments Tue, 30 Apr 2013 02:21:37 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61621 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61621>Article Link</a> London’s booming property market helped house prices rise for the third month in a row in April, as conditions in the capital’s housing market reached levels not seen since 2007. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61621 Sales on secondary housing market in Baku rose nearly by 3pct in March http://www.opalesque.com/Realestate_Briefing/?p=61620 http://www.opalesque.com/Realestate_Briefing/?p=61620#comments Tue, 30 Apr 2013 02:21:09 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61620 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61620>Article Link</a> The supply decreased by 4.4% in the secondary housing market of Baku. Public organization “Property Market Participants” informs that totally 5,700 apartments were proposed for the market in March. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61620 Kuwait real estate sales climb 19pct in March http://www.opalesque.com/Realestate_Briefing/?p=61617 http://www.opalesque.com/Realestate_Briefing/?p=61617#comments Tue, 30 Apr 2013 02:20:09 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61617 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61617>Article Link</a> Real estate sales in Kuwait worth a total KD 293 million leapt 19pct in March, 2013 since the same period last year, said a National Bank of Kuwait (NBK) report here on Saturday. The increase comes after a drop witnessed at the beginning of the year, NBK’s weekly economic brief on Kuwait said, expecting the market to remain stable until a slowdown marked by the advent of the summer period, particularly as the market’s three main sectors are witnessing healthy demand. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61617 Irish house prices: Residential property prices fall by 3pct in the year to March 2013 http://www.opalesque.com/Realestate_Briefing/?p=61600 http://www.opalesque.com/Realestate_Briefing/?p=61600#comments Fri, 26 Apr 2013 02:18:34 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61600 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61600>Article Link</a> In the year to March, residential property prices at a national level, fell by 3%. This compares with an annual rate of decline of 2.6% in February and a decline of 16.3% recorded in the twelve months to March 2012, according to the CSO today. Residential property prices fell by 0.5% in the month of March. This compares with a decrease of 1.5% recorded in February. Prices were unchanged in the month of March of last year. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61600 Swiss real estate prices record high in 2012, likely to head down http://www.opalesque.com/Realestate_Briefing/?p=61580 http://www.opalesque.com/Realestate_Briefing/?p=61580#comments Thu, 25 Apr 2013 02:04:16 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61580 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61580>Article Link</a> Swiss home prices are likely to start drifting down, says Wüest & Partner in its latest report on the Swiss real estate market. The company is an international real estate consultancy firm that regularly produces reports on its home market. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61580 Moscow: Q1 2013 saw record volume of new office space delivered to the market since 2011 http://www.opalesque.com/Realestate_Briefing/?p=61577 http://www.opalesque.com/Realestate_Briefing/?p=61577#comments Thu, 25 Apr 2013 02:03:28 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61577 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61577>Article Link</a> According to CBRE’s latest office market report, the Moscow market was stable in Q1 2013 with the exception of the largest volume of new office space delivered to the market in Q1 2013 since 2011. New delivery in Q1 2013 was 259,544 m². (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61577 Home prices rose 7.1pct in year through February, FHFA says http://www.opalesque.com/Realestate_Briefing/?p=61563 http://www.opalesque.com/Realestate_Briefing/?p=61563#comments Wed, 24 Apr 2013 02:22:52 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61563 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61563>Article Link</a> U.S. house prices rose 7.1 percent in the year through February, the biggest gain since 2006, indicating a solidifying recovery as buyers compete for properties amid tight inventory. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61563 Investing in student property in the UK set to bring 9.2pct annual return http://www.opalesque.com/Realestate_Briefing/?p=61557 http://www.opalesque.com/Realestate_Briefing/?p=61557#comments Wed, 24 Apr 2013 02:21:20 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61557 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61557>Article Link</a> The student accommodation property investment sector in the UK is predicted to see 9.2% annual returns over the next 12 months due to continued demand.This reflects an increase of 0.4% on London returns to 9.1%, due to rising rents in an acutely structurally undersupplied market, says the latest report from property firm Knight Frank. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61557 US: Existing home sales edge down, prices rise http://www.opalesque.com/Realestate_Briefing/?p=61543 http://www.opalesque.com/Realestate_Briefing/?p=61543#comments Tue, 23 Apr 2013 01:47:37 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61543 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61543>Article Link</a> Home resales edged downward in March, pointing to some slowdown in the housing market recovery pace as overall economic activity cools.The National Association of Realtors said on Monday existing home sales slipped 0.6 percent last month to a seasonally adjusted annual rate of 4.92 million units. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61543 Sydney property prices regain all lost ground http://www.opalesque.com/Realestate_Briefing/?p=61503 http://www.opalesque.com/Realestate_Briefing/?p=61503#comments Mon, 22 Apr 2013 02:12:12 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61503 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61503>Article Link</a> Property prices in Sydney have regained all their losses since the property slump in 2010 making it the first Australian city to do so whilst Melbourne has maintained steady prices despite predictions that prices would fall further. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61503 US: Should home prices rise over time? http://www.opalesque.com/Realestate_Briefing/?p=61472 http://www.opalesque.com/Realestate_Briefing/?p=61472#comments Thu, 18 Apr 2013 00:34:45 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61472 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61472>Article Link</a> Nationwide home prices are up 8% over the last year, according to the Case-Shiller housing index. This isn’t surprising. The supply of existing homes for sale is at a seven-year low. Construction of new homes is still well below the rate of household formation. Prices will almost always rise in that situation. It’s simple supply and demand. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61472 U.S. housing starts surpass 1 mln in March http://www.opalesque.com/Realestate_Briefing/?p=61454 http://www.opalesque.com/Realestate_Briefing/?p=61454#comments Wed, 17 Apr 2013 01:01:12 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61454 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61454>Article Link</a> U.S. builders broke ground in March on homes at a seasonally adjusted rate of 1.04 million, the fastest since June 2008. The gain was driven by a surge in apartment construction and showed continued strength in the housing market at the start of the spring buying season. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61454 ZipRealty’s new report provides real-time analysis of real estate market http://www.opalesque.com/Realestate_Briefing/?p=61439 http://www.opalesque.com/Realestate_Briefing/?p=61439#comments Tue, 16 Apr 2013 00:27:55 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61439 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61439>Article Link</a> According to the debut edition of the ZipRealty Housing Trends Report, median home prices in the cities examined increased 14.6% to $242,519 on a year-over-year basis, with the highest gains in San Francisco, where home prices shot up 38% as of March 15, 2013. Real estate prices in both Las Vegas and Phoenix jumped 31% during the same period. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61439 Singapore: Private home sales jumped a whopping 295pct in March http://www.opalesque.com/Realestate_Briefing/?p=61429 http://www.opalesque.com/Realestate_Briefing/?p=61429#comments Tue, 16 Apr 2013 00:24:51 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61429 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61429>Article Link</a> According to PropNex Realty, a subsidiary of P & N Holdings, the private residential market rebounded sharply last month—as developers returned to the market with a plethora of new launches to entice homebuyers. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61429 US: Hopes housing data will buck weak March trend http://www.opalesque.com/Realestate_Briefing/?p=61425 http://www.opalesque.com/Realestate_Briefing/?p=61425#comments Mon, 15 Apr 2013 01:01:32 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61425 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61425>Article Link</a> Housing and manufacturing reports will lead the data parade next week. Economists expect the numbers to buck the recent trend of weaker activity last month. But forecasters have been wrong before about March data. Next week’s factory reports will cover March and April. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61425 UK: Housing market predicted to revive in 2013 with more than 1m to move home http://www.opalesque.com/Realestate_Briefing/?p=61422 http://www.opalesque.com/Realestate_Briefing/?p=61422#comments Mon, 15 Apr 2013 01:00:45 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61422 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61422>Article Link</a> Forecasters Item Club say chancellor’s Help to Buy scheme will get people moving but broader economic outlook still gloomy. The housing market will finally return to life this year with more than a million people expected to move home – the highest number since the financial crisis struck. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61422 RealtyTrac: Home repossessions fell in March http://www.opalesque.com/Realestate_Briefing/?p=61399 http://www.opalesque.com/Realestate_Briefing/?p=61399#comments Fri, 12 Apr 2013 01:48:27 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61399 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61399>Article Link</a> The number of homes repossessed by lenders in March fell to the lowest level in more than five years, according to foreclosure listing firm RealtyTrac. While some states still saw increases in homes taken back by lenders, nationally home repossessions fell 3% in March from the previous month and were down 21% from a year earlier. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61399 UK: One in two people expect house prices to rise in the next 12 months – the highest level in two years http://www.opalesque.com/Realestate_Briefing/?p=61395 http://www.opalesque.com/Realestate_Briefing/?p=61395#comments Fri, 12 Apr 2013 01:47:22 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61395 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61395>Article Link</a> The number of people who believe property prices will increase over the next year is at highest level for at least two years, a study has found. Almost half – 45 per cent – expect prices to rise over the next 12 months while just one in eight predict declines, according to the research by Halifax. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61395 U.K. house prices reach five-year high as London’s lead widens http://www.opalesque.com/Realestate_Briefing/?p=61394 http://www.opalesque.com/Realestate_Briefing/?p=61394#comments Fri, 12 Apr 2013 01:47:03 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61394 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61394>Article Link</a> London’s property market powered a seventh month of increases in U.K. house prices in March as values reached a five-year high, according to Acadametrics Ltd. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61394 JLL forecasts global volumes of $450-500 bln for 2013 http://www.opalesque.com/Realestate_Briefing/?p=61384 http://www.opalesque.com/Realestate_Briefing/?p=61384#comments Thu, 11 Apr 2013 03:19:10 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61384 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61384>Article Link</a> Jones Lang LaSalle is sticking to its forecast of a global real estate investment volume of $450-500 bn (€307-384 bn) for 2013. Europe, Asia-Pacific and the Americas recorded strong growth in the first quarter of 2013 as preliminary global real estate investment volumes reached $94 bn, according to JLL’s capital markets research which is based on data from 60 countries. The real estate investment volumes in Q1 2013 represented an 8% increase over the same quarter in 2012. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61384 US: Housing inventory picked up in March http://www.opalesque.com/Realestate_Briefing/?p=61383 http://www.opalesque.com/Realestate_Briefing/?p=61383#comments Thu, 11 Apr 2013 03:18:29 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61383 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61383>Article Link</a> Housing inventories picked up modestly in March, offering some hope to home buyers who are grousing about slim pickings, according to a report released Wednesday. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61383 Home prices seen falling in some areas as rates increase http://www.opalesque.com/Realestate_Briefing/?p=61382 http://www.opalesque.com/Realestate_Briefing/?p=61382#comments Thu, 11 Apr 2013 03:18:14 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61382 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61382>Article Link</a> Home prices are climbing too fast relative to buyer incomes, signaling that property values may fall in some U.S. cities once mortgage rates rise and reduce affordability, according to a study by Zillow Inc. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61382 Scotiabank CEO sees Canadian housing slowdown, not crash http://www.opalesque.com/Realestate_Briefing/?p=61359 http://www.opalesque.com/Realestate_Briefing/?p=61359#comments Wed, 10 Apr 2013 03:33:21 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61359 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61359>Article Link</a> Bank of Nova Scotia Chief Executive Rick Waugh said on Tuesday that mortgage delinquencies have risen at Canada’s third-biggest bank, but that he does not foresee a U.S.-style housing crash. “We still anticipate what I would call in terms of housing, a soft landing, and all the metrics which we watch daily confirm that,” Waugh said. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61359 Housing market ‘at three-year high’, says RICS survey http://www.opalesque.com/Realestate_Briefing/?p=61352 http://www.opalesque.com/Realestate_Briefing/?p=61352#comments Wed, 10 Apr 2013 03:31:32 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61352 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61352>Article Link</a> Activity in the UK housing market has hit a three-year high, surveyors report, supporting hopes of a revival that would help the economic recovery. Chartered surveyors handled an average of 17.4 home sales over the last three months, according to the latest monthly survey by industry body RICS. That was the highest number reported since March 2010 and meant sales rates have been rising for three consecutive months. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61352 Baku real estate market prices fall by 0.8pct http://www.opalesque.com/Realestate_Briefing/?p=61347 http://www.opalesque.com/Realestate_Briefing/?p=61347#comments Wed, 10 Apr 2013 03:30:17 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61347 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61347>Article Link</a> In March the Baku real estate market observed a price decline by 0.8%. At that, the prices grew by 0.8% against early 2013 and by 3.27% versus the 2012 same term. MBA Group consulting company’s general director Nusret Ibrahimov says that in March prices on the primary housing market of Baku decreased by 0.87% from $992 up to $914 per sq m and by 4.82% against last year’s same term. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61347 U.K. housing market, retail sales pick up http://www.opalesque.com/Realestate_Briefing/?p=61332 http://www.opalesque.com/Realestate_Briefing/?p=61332#comments Tue, 09 Apr 2013 03:25:51 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61332 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61332>Article Link</a> Activity in the U.K.’s housing market and on the high street picked up in March despite unseasonably cold weather, surveys showed on Tuesday, giving the economic outlook a boost for the first quarter and suggesting the U.K. may avoid a triple-dip recession. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61332 New Zealand house prices increase at fastest pace since 2008 http://www.opalesque.com/Realestate_Briefing/?p=61319 http://www.opalesque.com/Realestate_Briefing/?p=61319#comments Tue, 09 Apr 2013 03:22:11 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61319 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61319>Article Link</a> New Zealand house prices rose at the fastest pace since 2008 in March as the central bank warns that a housing boom would trigger interest rate increases. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61319 U.S: Housing prices are on a tear, thanks to the Fed http://www.opalesque.com/Realestate_Briefing/?p=61313 http://www.opalesque.com/Realestate_Briefing/?p=61313#comments Mon, 08 Apr 2013 00:49:22 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61313 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61313>Article Link</a> The U.S. housing market has broken out of a deep slump, and prices are shooting up faster than anyone thought possible a year ago. For many homeowners, that is a cause for celebration. But the speed at which prices are rising is prompting murmurs of concern that the Federal Reserve’s campaign to reduce interest rates could be giving the housing market a sugar high. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61313 7 fastest shrinking cities http://www.opalesque.com/Realestate_Briefing/?p=61312 http://www.opalesque.com/Realestate_Briefing/?p=61312#comments Mon, 08 Apr 2013 00:49:06 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61312 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61312>Article Link</a> Whether it’s due to crime, a lack of jobs or Mother Nature, these cities lost residents faster than any others last year, according to the Census Bureau. Pine Bluff, Ark: One of the nation’s poorest cities, Pine Bluff’s population has been declining fast. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61312 Property market still strong in Auckland http://www.opalesque.com/Realestate_Briefing/?p=61298 http://www.opalesque.com/Realestate_Briefing/?p=61298#comments Mon, 08 Apr 2013 00:44:48 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61298 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61298>Article Link</a> The average asking price for houses in Auckland and Canterbury climbed further in March, reaching their second-highest recorded figures of $610,628 and $438,298 respectively. Nationally, the property market stabilised, and the 12,732 new listings in March did little to ease the record low in inventory seen in February, according to the New Zealand Property Report compiled by website Realestate.co.nz. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61298 Fitch: Swiss property merits caution even if no general bubble http://www.opalesque.com/Realestate_Briefing/?p=61283 http://www.opalesque.com/Realestate_Briefing/?p=61283#comments Fri, 05 Apr 2013 03:17:17 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61283 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61283>Article Link</a> Uncertainty over the path of Swiss property prices has increased over the last year, however, Fitch Ratings maintains its view that the market as a whole is still not experiencing a bubble. To reflect the increased uncertainty, we have introduced a buffer in our house price decline assumptions (HPD). (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61283 Demand for U.S. office space improves – barely http://www.opalesque.com/Realestate_Briefing/?p=61274 http://www.opalesque.com/Realestate_Briefing/?p=61274#comments Thu, 04 Apr 2013 01:40:45 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61274 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61274>Article Link</a> The U.S. office vacancy rate fell only slightly during the first quarter, as a lack of significant job growth continued to impede demand for space, according to a quarterly report released this week. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61274 Average UK home prices set to pass 2007 peak next year http://www.opalesque.com/Realestate_Briefing/?p=61265 http://www.opalesque.com/Realestate_Briefing/?p=61265#comments Thu, 04 Apr 2013 01:38:00 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61265 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61265>Article Link</a> The average home in the UK will cost £227,000 in 2014, surpassing the pre-crisis peak for the first time, and reach £267,000 by 2018, according to a new forecast. Also, the Help to Buy scheme announced recently by the UK government could initially raise prices before increasing housing supply, says the forecast from the Centre for Economics and Business Research (CEBR). (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61265 Inside the US housing market that Robert Shiller is already calling ‘exuberant’ http://www.opalesque.com/Realestate_Briefing/?p=61245 http://www.opalesque.com/Realestate_Briefing/?p=61245#comments Wed, 03 Apr 2013 03:16:30 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61245 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61245>Article Link</a> The U.S. housing recovery has been causing home prices to rise. Las Vegas stands out as one of the hottest markets in America with home prices up 15 percent year-over-year. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61245 UK: Top 10 cities for renting http://www.opalesque.com/Realestate_Briefing/?p=61241 http://www.opalesque.com/Realestate_Briefing/?p=61241#comments Wed, 03 Apr 2013 03:15:39 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61241 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61241>Article Link</a> There’s been a glut of research released in the last couple of weeks about the nicest/cheapest/most affordable places to live in the UK (good news for Harrogate, maybe not so much for Oxford). Here’s another one, from Adzuna but still worth looking at since it contains details about renting too. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61241 What’s happening with the UK property market? http://www.opalesque.com/Realestate_Briefing/?p=61219 http://www.opalesque.com/Realestate_Briefing/?p=61219#comments Tue, 02 Apr 2013 01:24:57 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61219 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61219>Article Link</a> U.K. property analysts are scratching their heads and rethinking forecasts after a year of flat prices and the introduction of new government measures designed to spur sales. Nationwide chief economist Robert Gardner, who oversees the Nationwide House Index, describes the market as “unusually uncertain.” (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61219 China’s home prices increase most in 26 months, SouFun says http://www.opalesque.com/Realestate_Briefing/?p=61213 http://www.opalesque.com/Realestate_Briefing/?p=61213#comments Tue, 02 Apr 2013 01:23:13 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61213 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61213>Article Link</a> China’s March new home prices posted the biggest gain in more than two years as buyers rushed into the market ahead of property curbs by local governments, driving real estate stocks higher. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61213 Pending sales of U.S. existing homes decline 0.4pct http://www.opalesque.com/Realestate_Briefing/?p=61114 http://www.opalesque.com/Realestate_Briefing/?p=61114#comments Thu, 28 Mar 2013 02:55:34 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61114 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61114>Article Link</a> Americans signed fewer contracts to buy previously owned homes in February, indicating a pause in momentum for an industry that is helping power the economy. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61114 Home prices growing as fast as before rhe housing collapse: Case-Shiller http://www.opalesque.com/Realestate_Briefing/?p=61066 http://www.opalesque.com/Realestate_Briefing/?p=61066#comments Wed, 27 Mar 2013 01:46:16 +0000 Laxman http://www.opalesque.com/Realestate_Briefing/?p=61066 <br> <a href=http://www.opalesque.com/Realestate_Briefing/?p=61066>Article Link</a> With the Federal Reserve firmly in support the housing market continues to show signs of substantial improvement. The most widely followed measure of home prices, the S&P/Case-Shiller indexes, rose at its fastest rate since the summer of 2006 in January, data released Tuesday showed. (more…)

]]> http://www.opalesque.com/Realestate_Briefing/?feed=rss2&p=61066