After reaching record highs in property prices in 2012, activity on Norway’s housing market is expected to drop in 2013 as new policies are introduced. According to a release by two industry associations, house prices will still rise this year, but the percentage would be somewhere between 4 and 6, after a 7.7% spike in 2012.
Bali’s Property Business to Thrive in 2013
Property business in Bali is expected to present promising opportunities in 2013, the Bali chapter of Real Estate Indonesia predicting an overall 15% growth fueled by island’s positive economic growth estimated for the next year. According to the chapter’s chairman, Dewa Putu Selawa, business in the property field was expected to grow and reach a record growth in 2013 compared to previous years.
Safest Markets Preferred by International Real Estate Investors
Safety seems to be the top concern for global real estate investors as they favor properties in the US, Asia or Western Europe. The safe bets trend was identified by the latest Global Investor Sentiment Survey by Colliers International. According to the report, most international investors keep eyeing the same “safe” markets which include London, Paris, Frankfurt, Hamburg, Munich and New York.
Despite Analyst Predictions, Number of Properties for Sale Reaches Decade’s Low
The number of residential properties for sale has reached the lowest lever in this decade, while prices on the very few transactions have gone up. This is quite the opposite of what analysts, researchers and academics have predicted, as they had expected a wave of foreclosure sales to flood the market and cause prices to drop, affecting property sales for years to come.
3 Facts That Prove Miami Is A Hotbed for Property Seekers
Even a few years back, Miami was facing a slump in the real estate industry. Back then, it was not just failing to attract US buyers, but the foreign interest in South Florida’s properties had also taken a hit.
Real Estate Market Indices Show Home Prices Still on Uptrend
National home prices in the US are still on an uptrend, registering the sixth consecutive month of growth in September 2012, as shown by data released by the indices analyzing the country’s major metropolitan areas, S&P/Case-Shiller Home Price. The report also shows that home prices in Q3 were up 3.6 percent compared to the same […]
REMI Worries about Real Estate Inventory in San Diego
The Real Estate Marketing Insider (REMI) has recently found that the San Diego real estate inventory is in freefall. This could threaten the recovery of the industry in the area. As a result of the low inventory of available homes in San Diego County, the area is seeing rising home prices, a situation potentially threatening […]
Moscow and Kiev Lead in Eastern Europe’s Commercial Real Estate Market
Data regarding commercial real estate construction in Eastern Europe showcases the three top players in the third quarter of 2013. Moscow leads, followed by Kiev, who has just made it in this top 3, and Sofia, according to a recent report by Colliers. The real estate giant has analyzed data for 13 cities in the area […]
Hot Market: The Status of Austin Real Estate
While most of the nation is just beginning to see the proverbial light at the end of the tunnel for their respective real estate markets, Austin, TX is leading the pack with a robust climate.
Market Watch Milwaukee – The Good Land
Only an hour north of Chicago, Milwaukee is located on the Southwestern shore of Lake Michigan. Milwaukee is the largest city in Wisconsin at a population of nearly 600,000 as of 2010.