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Global Real Estate

Sweden likely to see summer drop in property prices

drop in property prices

Sweden likely to see summer drop in property prices, according to reports. After a year of soaring property prices in Sweden, they either remained stable or dropped across the Nordic country last month, according to figures released by Svensk Mäklarstatistik on Monday. Apartment prices in Sweden fell by 1.0 percent in June, compared to the previous month, said the firm ...

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The Best House in the World

the best house in the world

Of all the beautiful houses, magnificent mansion, edifices, or whatever you might like to call it, that you have come across or would ever get to see and feel, did you ever think it would be easy to tag a particular building the best in the world? Well, of course someone (a house in this case) always has to get ...

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Realty Mogul Raises $35M For Its Real Estate Investment Marketplace

Real estate investment marketplace

Realty Mogul Raises $35M For Its Real Estate Investment Marketplace Realty Mogul, a startup that connects investors with real estate projects, announced yesterday that it has raised $35 million in Series B funding. The company launched its online marketplace more than two years ago with a focus on equity deals funded by individual, accredited investors. (So it was offering a ...

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Canada’s Largest Real Estate Firm Warns Against Rate Cut

Canada’s largest real estate firm

The head of Royal LePage, Canada’s largest real estate firm, said The Bank of Canada should hold off cutting interest rates to avoid sending rising home prices even higher, risking a correction later. “It seems premature to ring the recession alarm bells now, injecting further monetary stimulus,” Phil Soper, chief executive officer of both Royal LePage and its parent company, ...

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Real estate agent escapes misconduct charge

misconduct charge court stories alleged fraud

A real estate agent who held several open homes in a former Headhunters gang house so contaminated with meth that one visitor suffered dizziness and a clogged mouth has escaped misconduct charge. Real estate agent Gary Murphy and the agency he worked for, Property Link Groups Ltd, were each charged with misconduct over the sale of the Auckland house. In ...

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Effects of housing on health

effects of housing on health

In Nigeria and most developing countries, the effects of housing on health has been de-emphasised. Housing and health may not be closely related, however your choice of neighbourhood and habitation plays a huge role in keeping you healthy. The effects of a sub-par housing condition on the health status of many residents could be devastating if not checked. Inadequate or ...

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Saudi Arabia appoints housing minister from private sector

Saudi Arabia housing minister

Saudi Arabia housing minister emerges from private sector. Saudi Arabia appointed a housing minister with a background as a real estate developer on Monday, strengthening a trend towards giving top government jobs to people from the private sector as the kingdom grapples with economic and social welfare issues. An official decree said, Majed Al Hogail, former managing director of Rafal ...

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Abu Dhabi inflation up 4.95% in June on housing, utility costs

abu dhabi inflation

  A research note has said that a strong UAE dirham helps imports and reduces imported inflation but can affect trade competitiveness by making exports more expensive. The month-to-month consumer goods prices in Abu Dhabi went up 1.1 per cent in June on rising housing and utility costs, according to data issued by the Statistics Centre Abu Dhabi, or Scad. ...

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ADOH warns those looking for subsidized housing

subsidized housing

Arizona, a southwestern U.S. state is warning those looking for subsidized housing. The Arizona Department of Housing (ADOH) is warning consumers who are seeking Section 8 housing to be cautious of fraudulent solicitations and websites. Section 8 housing, also known as the housing choice voucher program, is the federal government’s major program for assisting very low-income families, the elderly and ...

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Number of homeless youth in the UK exceeds government figures

According to a major new study by housing experts at Cambridge University the true number of young people who are homeless far exceeds government figures. Some 83,000 homeless young people have had to rely on councils and charities for a roof over their heads during the past year – more than three times the 26,852 young people recorded in homeless ...

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