A renewed confidence amongst buyers, low prices and the Spanish banks’ willingness to offer competitive mortgages is attracting increasing numbers of new buyers in the country, according to a new analysis.
In Spain’s major cities, international buyers are now beginning to compete against local buyers to secure the best properties in prime locations, according to the report from Lucas Fox covering the first six months of 2015.
Ratings agency Moody's and magazine The Economist are sounding the alarm about rising consumer debt loads in Canada and some housing markets that are significantly overvalued.
Moody's economist Paul Matsiras said Toronto and Vancouver have had some of the highest housing-price inflation in the world.
Property prices in Ireland increased nationwide by 2.3% in August and are up 9.5% compared to a year ago, the latest official data shows.
In Dublin property prices rose by 2.8% in August and were 8.2% higher than in August 2014. A breakdown shows that house prices are rising faster than apartments at 3% and 0.3% respectively.
City life is expensive - but city life in the swankiest neighborhoods in the US can be outrageous.
The home, known as the Fessenden House, was listed with an asking price of $22 million back in March, which made it the most expensive on the market in the city
Switzerland has seen sustained levels of residential property market growth between 2008 and 2013 with house prices up 28%, the opposite of what has happened in many other European markets.
Economic expansion, low interest rates, growth in real wages and immigration of wealthy individuals have all supported housing demand. The strengthening Swiss franc also raised their price in comparison to other currencies, according to a new analysis from international real estate firm Savills.
Quotable Value's (QV) residential property price index rose 12.6 percent in the year to September, compared with an annual rate of 11.3 percent in the previous month.
Growth in home prices across Australia's capital cities picked up pace in September but Sydney came to a near standstill in a sign the hot property market there might be cooling.
Thursday's figures from property consultant CoreLogic RP Data showed dwelling prices across the major cities climbed 0.9 percent in September, speeding up from 0.3 percent in August.
Irish residential property prices posted their fastest monthly growth in almost a year in August, while annual growth inched up for the first time since March.
Prices grew 2.3 percent in August, the fastest since October 2014. Annual growth increased to 9.5 percent from 9.4 percent in July.
House price growth in Sydney has flattened and values in three other Australian capital cities fell in September, according to the latest residential index.
Overall there was a 0.9% rise in capital city property prices over the month and a 4% rise in the September quarter, the CoreLogic RP Data home value index shows.
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