Dubai topped the global annual rankings for growth in house prices for the fifth consecutive quarter ending June, recording annual price growth of 24 per cent, though this is down from 27.7 per cent in the year to March, a report said.
Momentum behind London's property boom appears to be fading, according to a survey on Thursday that added to signs that rapid house price growth in Britain is starting to moderate.
The Royal Institution of Chartered Surveyors&
Booming housing markets in emerging Asia have pushed global residential property prices to a new peak, according to a new report.
Consultancy Knight Frank's global house price index rose 4.6 per cent over the 12 months to the
The Knight Frank Global House Price Index, which tracks the performance of the world's mainstream housing markets, showed zero growth in the three months to September amid mounting pressures on global economy .
This was the index's we
House prices in England and Wales rose 1.3 per cent on the month in July, government data showed, in a rare positive sign from the sluggish housing market.
However, prices were still down 2.1pc on the year, not far off June's annual drop o
House prices in England and Wales were flat on the month in June and fell 2.5 per cent compared with a year ago, the biggest annual fall since October 2009, government data showed on Thursday.
The Land Registry said house prices stoo
House prices in Dubai are set to plummet another 10 percent before they stabilise, extending the pain of a historic crash, while prices in Abu Dhabi will drop another 20 percent, a Reuters poll showed on Tuesday.
Dubai, a city featuring th
The housing and land prices in Saudi Arabia continue to rise as a growing population and expectations of a long-awaited mortgage law drive demand, Banque Saudi Fransi said on Monday.
The large apartment prices across the biggest Arab econo
Dubai house prices fell 6 percent on the year in the third quarter to their lowest level since the second quarter of 2009, due to the seasonal summer slowdown and tough financing conditions, Colliers International said on Sunday.
Demand for homes in Jeddah fell in 2009 compared to last year, driving prices down by as much as 10 percent over the past six months, but prices could rise again towards the end of the year, Jones Lang LaSalle said.
Jeddah, Saudi Arabia's