New condos at Oakridge Centre development’s prices

There will be about 2,000 market condo units in the Oakridge redevelopment project. It will also feature 290 market rental units. The overall Oakridge project, which is envisioned as a “mini-city” and “cultural hub” by the developers, includes the redevelopment of the shopping centre, 10 towers of varying heights up to 44 storeys, midrise buildings …

New housing prices in China up 10.3 percent

New housing prices in China up 10.3 percent in November. According to data from the Chinese National Bureau of Statistics, average housing prices rose by 1 percent in November, up from 9.65 percent in October. In November, new housing prices in China’s leading 70 cities rose 1 percent compared to the previous month. Prices in …

Property prices rise in ST. Jhon

St. John’s is the capital and largest city of Newfoundland, Canada’s easternmost state. The district is an old settlement. Experts says there will be an increase in the prices of property and commercial real estate in ST. jhon. Seventy-two per cent of the city’s revenue comes from water and property tax. But, St. john municipality …

Real estate prices may decline in Azerbaijan next year

Director of Azerbaijan’s Koneko Group appraisal company Vugar Oruj told “property prices in the coming year may be reduced by 5-10 percent.” He added “As a result of the implementation of social housing construction projects, we see an increase in supply in the market.” Oruj in the statement “Thus, supply is expected to increase in …

Commercial real estate prices rise in Greece

Commercial property prices rise 3.5 in Greece. Greek prime office prices rose 3.5 percent according to central bank of the country. Greece is trying to recover after hard days. The Bank of Greece told “prices for prime office properties in Athens increased by 4.6 percent in the first half, while office rents countrywide rose by …

URA : Singapore private residential property prices fall in 2016

The Urban Redevelopment Authority (URA) released the flash estimate of the price index for private residential property for 4th Quarter 2016. Overall, the private residential property index fell 0.6 point from 137.9 points in 3rd Quarter 2016 to 137.3 points in 4th Quarter 2016. This represents a decline of 0.4%, compared with the 1.5% decline …

The ten hottest luxury property markets in the world

Christie’s International Real Estate has released its Global Luxury Real Estate Market Report: Luxury Defined 2016 which examines data from its affiliates in more than 100 prestige real estate markets worldwide. According to the report, Auckland is the most hottest luxury property market in the world with 63 percent growth in million-dollar-plus sales thanks to …

Foreign real estate buyers making Miami unaffordable for many locals

Home sales in Miami declined in October but prices increased for both condos and single-family homes.1,151 single family home was sold in October, decreased by 4,4 percent compared to the last year.Condo and townhome sales fell to 1,408 for the month, down 6.6 percent year over year. Foreign buyers have driven the double-digit annual growth …

Miami Real Estate market continues to grow in Q3 2015

Miami-Dade County real estate market continues to grow with total reidential sales,single-family home transactions and median prices compared to the same period in 2014, according to the MIAMI Association of REALTORS® and the local Multiple listing Service systems. Total residential sales increased by 2.3 percent compared to the third qaurter of 2014 to 7,811 in …

United Kingdom rents to increase average 16,5 pct in the coming five years

According to the Savills’ market predicitons, UK rents will increase between 16 pct and 22 percent by the end of 2020.Interest rates and mortgage regulation will shape the UK housing market in the next five years.Across prime London, prices rose by  2.3% in the six months to the end of September 2015. The agency says …