Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation’s homebuilders.
Read more: https://cnb.cx/2Q9BFtJ
Egypt grants residency permits to foreigners who buy property
In a bid to attract more foreign investment into Egypt’s already surging property market, the government in Cairo is to offer residency permits to foreigners who acquire property worth a minimum of $100,000.
Read more: https://bit.ly/2DMPc4S
Will you survive the future of property management?
The way we do things, the technology, software and apps we embrace, artificial intelligence advancements, legislation compliance and the way we communicate and operate a real estate/property management business have rapidly changed and will continue to do so.
Read more: https://bit.ly/2KfuJWv
Now, self-register your rent contract on Ejari app
Landlords in Dubai will now be able to register and renew lease contracts online, thanks to new services launched by the Dubai Land Department (DLD).
Read more: https://bit.ly/2ToF5aN
Pitt Street Mall has the seventh highest retail rent cost in the world at nearly $14,000 per square metre
Sydney’s Pitt Street Mall has been named the seventh most expensive shopping precinct in the world, as rent prices in Australia’s hottest retail locations begin to “soften” thanks to the rise of online shopping.
Read more: https://bit.ly/2A45sd7
These are the states with the highest share of workers earning less than $15,000 a year
In the lower 48 states, a single adult earning $12,140 or less has an income below the poverty line.
Read more: https://bit.ly/2RYVC3N
Rapid rent increases a product of bipartisan inaction
The median nationwide rent has gone up $20 a week over the past two month, a rapid increase that is part of an upward trend overseen by both Labour and National Governments. Auckland Action Against Poverty condemns successive National and Labour Governments for failing to protect tenants from ongoing rent price increases.
Read more: https://bit.ly/2DJuKBT
Cytonn: Limuru Road, Karen give best yields for property
Mixed-use developments along Limuru Road and in Karen are the best performing in Nairobi, with rental yields of 9.6 per cent and 9.4 per cent respectively, according to a report by research and investment firm Cytonn.
Read more: https://bit.ly/2QQzc4x
Prospect of Brexit Bargains Makes U.K. Top Spot for Property
Europeans may not think much of the U.K.’s politics, but they still like the look of its real estate.
Read more: https://bloom.bg/2OR1Nos
Council votes down Jones Estate application
Cochrane town council has unanimously voted down application for a development on the vacant GlenEagles parcel known as the ‘Jones Estate’, but the saga isn’t over yet.
Read more: https://bit.ly/2Kj0f60