Island

Dubai real estate market sees prices and rents continue to fall

It is clear that the residential sales market in Dubai is still softening and the magnitude of declines has on average, intensified over the past six months, according to the latest analysis report. The downturn is not universal and there are markets where values appear to have bottomed out, suggesting that some submarkets may have […] The post Dubai real estate market sees prices and rents continue to fall appeared first on PropertyWire . Continue reading

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UK Government backs help for leasehold property owners

The UK Government has committed substantial investment to ensure a greater transparency in residential property leasehold tenure and make it less biased and onerous. It is offering funding to LEASE, a service that provides free support and advice to leaseholders and industry professionals at a time when leasehold tenures are set to become more common. […] The post UK Government backs help for leasehold property owners appeared first on PropertyWire . Continue reading

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Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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