luxury

Property prices bottoming out in Dubai but rents still falling

Prices of property in Dubai were largely unchanged over the fourth quarter of 2016 with the market likely to be driven by owner occupiers and long term investors, according to the latest analysis report. Meanwhile, an increase in supply is likely to put downward pressure on rents in the emirate with rentals for both apartments […] The post Property prices bottoming out in Dubai but rents still falling appeared first on PropertyWire . Continue reading

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Outlook for residential property in key Asian cities more subdued for 2017

Many residential property markets in Asia have seen a year of strong increases but prospects for 2017 look more subdued, according to a new report. Potential risk for Asian property markets include rising interest rates in the United States and the strength of the US dollar. There is also the threat of US trade tariffs, […] The post Outlook for residential property in key Asian cities more subdued for 2017 appeared first on PropertyWire . Continue reading

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Number of homes worth a million dollars or more soars in Australia

There was a time in which having a home in Australia worth $1 million or more meant that the property was exclusive and rare but now the number of areas with properties in this price bracket have soared. The latest data shows that in the five years to the end of December 2016 the numbers […] The post Number of homes worth a million dollars or more soars in Australia appeared first on PropertyWire . Continue reading

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