Tue, Oct 21, 2014
A A A
Welcome hendrik.absolut
RSS
Real Estate Briefing 18.Jan 2013

Posted on 18 January 2013 by Laxman |  Email |Print

When the housing market imploded in 2007 and took the economy with it, experts said the real estate market would never look the same again. Now, nearly six years after the crash, the dust has finally cleared and we have a true picture of the new housing landscape.
While investors may still be leery of hopping back into the market, housing starts, prices and confidence are on an upward trend and the tide may be turning this year to favor homesellers………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

U.S. housing markets are in a recovery. But the rebound from the depth is modest, and how long the housing recovery will last is anybody’s guess. Evidence of an upswing is so plentiful that Rick Sharga, executive vice president of Carrington Mortgage Holdings, a real estate company in Aliso Viejo, Calif., says “virtually every metric” points to a housing recovery.
Specific numbers vary, as always, from one month and one locale to the next. But sales of both brand-new and existing homes are up, prices are up, residential building permits are up, and sales of bank-owned foreclosure properties are down………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

U.S. builders started work on homes in December at the fastest pace in 4 ½ years and finished 2012 as their best year for residential construction since the early stages of the housing crisis.
The Commerce Department said Thursday that builders broke ground on houses and apartments last month at a seasonally adjusted annual rate of 954,000. That’s 12.1 percent higher than November’s annual rate. And it is nearly double the recession low reached in April 2009………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

Builders started work on homes in December at the fastest pace since the summer of 2008 and finished 2012 as the best year for residential construction since the housing crisis began.
The Commerce Department said Thursday that builders broke ground on houses and apartments at a seasonally adjusted annual rate of 954,000. That’s 12.1% higher than November’s annual rate and nearly double the recession low of April 2009………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

For now, anxious sellers in the Toronto real estate market who are hoping for a spring rebound seem evenly matched by optimistic buyers looking for a deal.
Bank of Montreal economist Douglas Porter looks at the Toronto housing market and sees a satisfying balance. But February is traditionally the month when the spring market revs up and Mr. Porter says any number of things could upset that balance – and the tilt could go either way………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

To predict European property markets at the moment is to peer into a particularly foggy crystal ball. The old certainties have become ragged and frayed. That sure-bet holiday pad on a Spanish Costa is suddenly almost worthless. The French president, François Hollande, has brought punitive taxes on holiday home owners.
German cities, so long the poor cousins, are suddenly experiencing rapid price rises. Topsy-turvy is putting it mildly. Here then are 20 safe havens around Europe. Some are obvious, others less so. 1 London: Close to home, but there’s no escaping that London is still the granddaddy of all havens……………………………………….Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

While weak economic indicators from around much of Europe continue to affect market activity, CBRE’s quarterly survey of rents and yields for Q4 2012 showed a degree of resilience at the prime end of the market.
During Q4 2012, rents rose in the retail sector and were effectively flat in the office and industrial sectors, while yields for retail and office property saw some downward movement……………………………………….Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

2012 was a tough year for the UK housing market and even the prime sector was negatively affected by a combination of the ailing economy, the second wettest weather conditions on record and the distractions of the Queen’s Diamond Jubilee and the Olympic/Paralympic Games.
Added to concern about the shorter-term direction of the market, this gave rise to a general ‘wait-and-see’ attitude on the part of both vendors and purchasers. It is therefore pleasing to be able to report on a number of positive indicators as we enter 2013 which, if sustained, suggest we may be about to experience a change for the better in the fortunes of the market………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

According to STR Global and Tourism Economics, London and the overall UK region’s hotel market is expected to enjoy both positive supply and demand growth in 2013.
Supply in London is projected to increase by 3.5 percent, while demand will grow by 2.9 percent. The excess supply is forecasted to lead to an occupancy decrease of -0.5 percent in 2013. Revenue per available room (RevPAR) is expected to decline by -1.6 percent, primarily driven by a decrease in average daily rate (ADR) of -1.1 percent to GBP139.13………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

Latest research suggests that the average capital value growth in prime London residential property in 2012 easily beat growth in other major investment assets.
The figures from Chesterton Humberts show that its Prime London Residential Property Sales Index recorded an increase of 10.4 per cent compared to 2011 - that is 1.8 times higher than the FTSE 100 and more than four times higher than Brent Crude. Even when measured on a US dollar basis, gold prices only rose by 8.3 per cent over the year………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

London still calls for Asian property buyers, a new report says. According to the report released Wednesday from real estate firm Knight Frank, investors from Singapore, Hong Kong, China, Malaysia and India last year accounted for 50% of purchases of newly constructed homes in central London. Citizens of the U.K., on the other hand, represented just 27% of new-residence sales in the area.
Asian buyers spent an average of £680,000 ($1.1 million) on their new properties, up 14% from the average price paid the year before………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

These five specialist trusts each returned more than 100% last year, but that doesn’t mean they’re suitable investments for anyone and everyone.
Specialist funds dominated a list of the top-performing investment trusts over the last year. Below is the list of the five top-performing trusts, a short description of each, followed by a word of warning for investors considering these trusts………………………………………….Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

Jones Lang LaSalle announces 2012 results and an outlook for 2013 in Russian real estate investment market. Last year proved to be another stellar year for the Russian real estate investment market, total transaction volume amounted to $8.6 billion, with up by 1.3% compared to 2011. At the same time commercial real estate component of this investment volume reached $7.9 billion in 2012 (down by 4.8%).
Demonstrating significant growth in year-end activity we see that Q4’s investment volume of $3.5 billion was 42% above that of Q4 2011. Preliminary forecasts for 2013 are predicting an annual investment volume of around $7.5 billion………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

Banks in Qatar are over exposed to the Gulf state’s real estate sector, according to investment bank SICO’s GCC Banking Sector Outlook for 2013.
Forty percent of private sector lending by banks goes to real estate developers and contractors, while most listed Qatari real estate companies reported disappointing results in 3Q2012………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

This year’s seemingly robust economic growth would attract more foreign investors into the country and would trigger higher growth in the property market in the capital city, property research firm Jones Lang LaSalle said on Wednesday.
The office segment is predicted to hold the brightest prospects compared to residences, shops and hotels, as new businesspeople will focus on acquiring office space first, especially ones located in premium areas………………………………………..Full Article: Source

Posted on 18 January 2013 by Laxman |  Email |Print

Taiwanese buyers are becoming more interested in Japan’s property market as the Japanese yen has declined by nearly 10 percent over the past two months, a real estate agent said Thursday.
The Japan office of Sinyi Realty, one of Taiwan’s major real estate agencies, has received more than 200 calls in the past two weeks from Taiwan asking about properties for sale in Japan, said Lin Yan-hong, head of the branch………………………………………..Full Article: Source

See more articles in the archive

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031