News: usa property investment

The most recent usa property investment news from a variety of international property news sources.

Two dream investments in one

Everyone has a dream home in their mind: a place where they would love to grow old. But what if your dream home is different to someone else’s? Dr. Bjorn Wenngren and his business partner Per Tamm had a simple solution: split it in two. After working with Save the Children for more than a [...]

Cypriot Cash-Grab Risks Damaging Eurozone Banking System; Will It Push Depositors Towards Safe Haven Investments?

  Finance ministers from the 17-country Eurozone held an emergency video conference call on Monday, to discuss the likely terms of a controversial bailout that threatens to force Cyprus savers to accept the loss of €5.8bn from their savings accounts.  The raid will mean an average of 10% off the value of Cypriot savings, though it [...]

Canadian Luxury Real Estate Set for a Boost From the Newly Rich

The top end of Canada’s real estate market is set for a boost from rising numbers of mobile, wealthy individuals looking for both residences and investment opportunities.  That’s the news from Frank Knight, a global property consultancy based in London. In a report published last week, Frank Knight identified both the highest concentrations of wealth [...]

U.S. Posts Biggest Home Price Rise Since July 2006

The U.S. saw its biggest year-on-year house price rises since July 2006 in December 2012, according to Standard and Poor’s Case-Shiller Home Price Indices, released February this year. The rise in prices across 20 U.S cities was 6.8%, and the national 1-year change was 7.3%.  That’s slightly over the 6.62% rise widely expected by economists.  [...]

2013 World’s Ten Tallest Buildings… and a New Number One?

America used to lead the world in skyscrapers – in fact there once were none outside the USA.  But once balloon-frame construction caught on across the globe, the Flatiron Building, the Tacoma in new York and 1913’s Cass Gilbert-designed Woolworth Building were rapidly eclipsed. Tall buildings make sense in cities where ground space is at [...]

Canada’s Economy & Housing Market Built on Shaky Foundations

House Prices Have Supported Prosperity, But Might Be About to Fall Canada has been one of the few major economies worldwide to avoid a housing crash in the years since 2008.  But some commentators call the strong housing market that has supported Canada’s enduring prosperity a bubble, and there are even signs that it may [...]

5 USA property hotspots that aren’t Florida

Florida. Florida. Florida. That’s all you hear about when it comes to US property. But with 50 states to choose between, the United States of America has more real estate markets to choose from than just the East Coast. From Manhattan’s booming apartments to Detroit’s demand for rental accommodation, there are many places to find [...]

Dubai Revives Three More On-the-Shelf Real Estate Projects

Development in Dubai froze or stalled in many cases following the 2008 crash.  But gradually, Dubai’s property market has started to recover and stalled or partially shelved projects are returning.  Dubai’s property market has climbed steeply this year – while it did not make gains comparable to the pre 2008/9 boom years, but still represented [...]

Portugal Braces for its Biggest Ever Tax Hike

Portugal’s Parliament voted to press ahead with a record austerity budget that would add taxes to pay, purchases and property.  It’s the most far reaching set of tax hikes in modern Portuguese history, and it is being bitterly opposed by parliamentary Socialists, organized labour and street protests.  It also faces a challenge in the Portuguese [...]

Could Germany be Facing a Property Bubble?

Germany is Europe’s healthiest economy and has remained relatively immune to the plague of defaults and debt that has swept across the rest of the EU.  But a different danger might be facing Germany. As the economies of Spain, Ireland, Greece and even the USA suffered, investors in property there withdrew their cash and looked [...]