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The Indian real-estate market may continue to face sharp decline in foreign investments – (AIG, NLY, CIM, AGNC)
The real-estate market in India, despite its opportunities, has seen a sharp decline in investments from overseas over the past two years and, in future , global investors are expected to be more cautious investing in markets that lack international standards, according to Sean Tompkins, global chief executive officer of UK-based Royal Institution of Chartered…
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Economist: UK housing market gets further evidence of an upturn – (AGNC, AIG, NLY, CIM)
An unexpected rise in new mortgage approvals to a nine-month high in October gave further evidence on Friday of indications of an upturn in the UK housing market. The British Bankers’ Association (BBA) reported that approvals were higher than expected at 33,039, as compared to 31,544 in September. Economists had predicted a smaller growth to…
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Analyst: Demand in Waterloo Region’s Housing market will rise next year – (NLY, AGNC, AIG, CIM)
Housing demand in the Waterloo Region Census Metropolitan Area (CMA) is expected to move up next year as U.S. economic growth supports local employment, according to Erica McLerie, Canada Mortgage and Housing Corporation’s (CMHC) Senior Market Analyst for Waterloo Region. CMHC recently provided its most recent projection for the Waterloo Region CMA at the annual…
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Survey: Indian real estate can give 91 to 145 percent returns over the next 5 years – (NLY, AGNC, AIG, CIM)
The real estate sector in India will continue to remain an attractive investment area with the prospect of prices in residential areas appreciating by 91 to 145 per cent in select cities over the coming five years, according to a recently released survey. Knight Frank, a real estate advisory firm, reported a high possible return…
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UK house sellers drop their asking prices by 2.6pc in November – (NLY, BX, AIG, CIM)
Property owners in the UK decreased their asking prices by 2.6pc in November, but this drop in price is the least severe faced in the same month for the last three years, with declines of 3.2pc and 3.1pc seen for the previous two years respectively. Despite the monthly decline, the average home price across England…
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REIN ranks Calgary as the top real estate investment market in Canada – (NLY, CIM, CXS, AIG)
The Real Estate Investment Network Ltd ranked Calgary as the top real estate investment market in the country trailed by Edmonton. REIN disclosed in its Top Alberta Investment Towns report that Alberta’s economy has gained top position after a few years of economic turmoil. The report recognizes towns and regions on the edge to perform…
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BMO Economics Predicts more Appeal for Income-Producing Properties – (NLY, CIM, ARR, AGNC)
BMO Economics reported that the sustained growth in Canada’s real estate industry amid the forecast of low interest rates in the medium term should offer more appeal for investors seeking income-producing commercial real estate properties. The report claims that real estate development and management have been top performing sectors in Canada’s economy, both on the…
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What is Driving Home Construction in 2012? – (HST, WY, CIM, DCT)
Home builders have maintained their performance better than the broader markets this year as record low borrowing costs have raised demand for new homes. The Standard and Poor’s Supercomposite Homebuilding Index has risen about 75 percent in 2012, while the S&P 500 Index rose 15 percent over the same period. Low mortgage rates and a…
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Real Estate Professionals Seems More Hopeful than Homeowners – (NLY, CIM, HST, AGNC)
HomeGain, a home pricing and sales website which is the first website to provide free online instant home prices, recently released the results of its countrywide third quarter 2012 home values survey. Survey was performed involving 300 real estate agents and brokers and 2,200 homeowners. Real estate professionals appeared more hopeful about the direction of…
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Spain’s Real Estate Sector is Possibly the nation’s Major Saving Grace – (CIM, NLY, HST, WY)
The retail segment of real estate is getting a lot of traction in West Delhi, mainly due to growing disposable income of residents, higher literacy rate, infrastructural up gradation of the region and lack of inexpensive space in prime locations such as south and central Delhi. In other news, the financial problem in Spain continues…