Expert Panel Expects Auckland House Price to Continue Rising for Next Six Months
Submitted by Jitendra Tiwari on Mon, 10/19/2015 - 08:47
A panel of property experts including agents, managers, valuers and brokers says that the home prices are likely to continue their upward swing with the demand outpacing the supply. The experts gathered by the Property Institute, generally give a feel in terms of the market movement trends in each quarter.
Harcourts CEO Says Prediction of a Drop in Auckland House Market Might be Premature
Submitted by Jitendra Tiwari on Mon, 10/12/2015 - 07:48
One of the biggest real estate agencies of New Zealand says that the speculation indicating the housing market is dropping could be just a pre mature assumption.
BioMed Realty Being Acquired by Blackstone Real Estate for $8 billion
Submitted by Apoorva Prasad on Sun, 10/11/2015 - 07:13
Yesterday, a deal was announced in which Blackstone Group, the largest private equity real estate investor in the United States will be buying BioMed Realty. The deal is worth $8 billion.
Recently, Blackstone had done a similar REIT privatization deal with Excel Trust, which is also a San Diego based REIT.
Government Taskforce has Several Recommendations for the Building Sector
Submitted by Anil Dayal on Tue, 09/22/2015 - 07:55
Soon the builders could be signing off on their own work and its quality.
The Government's rules reduction taskforce released a proposal with recommendations today. The taskforce was set up to take a closer look at the rules and regulations which were a cause of concern and frustration among the taxpayers.
In the Second Quarter American Household Wealth Climb to Record High
Submitted by Apoorva Prasad on Sat, 09/19/2015 - 08:28
In the second quarter, the wealth of American households scaled to a new height, as the real-estate values soared more than compensating for a weak stock market.
The Hot Housing Market in the Bay Area Cools a Little
Submitted by Jitendra Tiwari on Fri, 09/18/2015 - 07:54
In the Bay Area, the single family home prices continue to surpass those which existed one year back. However, a seasonal slowdown has brought some respite to the hot market after the sales price shot up in summer months.
