Housing markets

Spain plans to lure Chinese property buyers with residency permit

Spain is trying to revive its collapsed real estate market.

Spain plans to offer residency permits to foreigners who buy houses priced at more than 160,000 euros (HK$1.59 million) in a bid to revive its collapsed real estate market and divest itself of hundreds of thousands of unsold homes.

Wednesday, 21 November, 2012, 4:17am

Low interest rates to spur New Zealand homes market

The Lyall Bay suburb of Wellington. Two-thirds of New Zealanders surveyed expect home prices to keep going up. Photo: Bloomberg

More New Zealand consumers expect house prices to rise in the next 12 months, as demand spurred by record-low interest rates outstrips supply.

21 Nov 2012 - 3:18am

Curbs on Hong Kong housing market won't last, says John Tsang Chun-wah

The government's intervention in markets is only a temporary measure to "restore balance" to weak sectors, Financial Secretary John Tsang Chun-wah said yesterday.

8 Nov 2012 - 3:25am

Luxury rents face uncertainty but mass housing strong

Rents for luxury flats, such as these in Mid-Levels, won't rise until the economy picks up. Photo: Nora Tam

Rents for luxury homes will probably remain unchanged this quarter, but could be under pressure in the new year until the overall economy recovers, says property consultant CBRE.

In the mass housing market, however, rents are expected to show continuing growth.

24 Oct 2012 - 2:56am

Brazil's rising housing market in line with strong economic performance

Brazil's success story has been the nation's 'ability to position itself as an increasingly attractive place to do business', says Ernst & Young chairman and CEO Jim Turley.

Soccer-loving Brazil is also kicking goals in the property stakes, with values rising by a world-beating 18.4 per cent year-on-year.

12 Oct 2012 - 6:40pm