Hong Kong property cooling moves set to fail as shadow lenders fill the gap
30/05/2017 , by in INTERNATIONAL

Hong Kong's latest attempt at cooling home prices in one of the world's most expensive property markets is expected to send buyers scouring for loans in the unregulated shadow banking industry, spreading risk across the financial sector. Home prices in Hong Kong, where a nano-apartment of less th... Read more...

UK needs to build more homes
May 2017 , by in INTERNATIONAL

Britain's next government should loosen planning regulations and encourage more house building if it wants to tame price rises and make home ownership more affordable, nearly all the specialists polled by Reuters said. A dearth of supply, a constant influx of foreign investors and a booming buy-t... Read more...

US home sales slide in April
May 2017 , by in INTERNATIONAL

According to the National Association of Realtors, stubbornly low supply levels held down existing-home sales in April 2017 and also pushed the median number of days a home was on the market to a new low of 29 days. Total existing-home sales, which are completed transactions that include single-f... Read more...

Island’s tranquillity lures luxury buyers
May 2017 , by in INTERNATIONAL

Political uncertainty in many parts of the world is stimulating interest in Bermuda’s luxury real estate market. That is the view of Karin Sinclair, of Bermudian real estate firm Sinclair Realty Bermuda, who says the island’s beauty, tranquillity and civility are appealing to wealthy home hun... Read more...

US Housing recovery remain intact
May 2017 , by in INTERNATIONAL

New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market. The Commerce Department said on Tuesday new home sales declined 11.4 % to a seasonally adjusted annual rate of 569,00 units last month, wi... Read more...

Lodha UK raises $375 million construction finance
May 2017 , by in INTERNATIONAL

Lodha UK, the London based development arm of realty developer, Lodha Developers, has raised $375 million as construction funding for its Lincoln Square development in London. The facility, which is one of the largest ever loans from a single provider for a UK residential project, has been provid... Read more...

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