August 1, 2010

News Alert – RP Data/Rismark International Home Value Indices

The last two months of RP Data – Rismark Index results have seen home value growth stall in a market slowdown that was predicated by higher interest rates, lower auction clearances and slowing housing finance. The scenario has not changed over the last month and we expect home value growth to have

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News Alert – RP Data/Rismark International Home Value Indices

Property prices firm up in June, but turnover low

House prices firmed up last month, but turnover remained low says the Real Estate Institute.The REINZ Monthly Housing Price Index shows house prices increased 0.6 per cent in June. In the three months to June, housing prices were…

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Property prices firm up in June, but turnover low

Auckland real estate agents flout tough new sign laws

Auckland City real estate agents are blatantly flouting laws for real estate signs, says one agent, brought in last month as part of an overhaul of rules designed to reduce messy signage across the city.It is illegal for real…

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Auckland real estate agents flout tough new sign laws

Vancouver real estate sales drop sharply in June

Residential property sales in Greater Vancouver were down 30% last month compared to June 2009 – which was the second highest selling June on record. But last month’s 2,972 property sales still represent a 22.6% increase over sales recorded in June

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Vancouver real estate sales drop sharply in June

Is the property passion dead or just mellowing?

Like any love affair, New Zealanders’ penchant for investment property may be maturing following last month’s Budget.Since May 20 it has been the multi-million dollar question: will the initiatives targeting property investment…

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Is the property passion dead or just mellowing?

Abu Dhabi real estate transactions hit Dh12.3b

Mortgage transactions in April post a 550% hike compared to last month Staff Report Dubai: Real estate transactions processed within the Municipality of Abu Dhabi City are showing signs of a remarkable increase to Dh12.3 billion with a deep contrast in

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Abu Dhabi real estate transactions hit Dh12.3b

Unit titled properties addressed by new act

The Unit Titles Act 2010 passed by Parliament last month is expected to provide greater clarity for owners, tenants and bodies corporate in relation to unit titled commercial properties.However, a date has yet to be set for the…

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Unit titled properties addressed by new act

More homeowners dropping out of mortgage aid program

The number of homeowners dropping out of the Obama administrations main mortgage assistance plan is growing, and is now almost equal to the number who have received permanent relief. As of last month, more than 299,000 homeowners had received permanent

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More homeowners dropping out of mortgage aid program

Housing starts pass 200,000

Builders broke ground on 201,700 dwellings last month, more evidence of the strength of the recovery in the Canadian real estate market.Starts increased on a seasonally adjusted annual basis from 199,200 units in March, Canada Mortgage and Housing Corp.

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Housing starts pass 200,000

House prices on the up and up

House prices have risen to their highest March level in two decades, while the number of sales broke through the 6000 barrier last month after dropping at the end of last year.Latest figures from the Real Estate Institute of New…

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House prices on the up and up