The salary you need to buy a home

The salary you need to buy a home. USA – Home prices across the United States have continued to rise, with 93% of metros showing sales-price gains, according to the latest quarterly report from the National Association of Realtors. Despite a strong economy, home buying affordability has decreased year-over-year due to a rise in mortgage …

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Turkish property sales surge

Turkish property sales surge. Property sales to foreigners in Turkey skyrocketed by 151.1 percent year-on-year in September 2018, reaching 5,615 units, the national statistical body announced Friday. The number of purchases by foreigners in the first nine months of this year has already surpassed the 12-month figures last year. Whether you want to sell your …

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Struggling to pay mortgages

Struggling to pay mortgages. Canada Vancouver – A shocking number of first-time home buyers are having trouble making their mortgage payments. The latest survey by Canada Mortgage and Housing shows one in four are worried about them. It finds that 80 per cent of more than 4,000 home buyers polled still believe property is a …

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Contemporary lifestyle in Killarney

Contemporary lifestyle in Killarney. The picturesque suburb of Killarney, north of Johannesburg continues to be a sought after home location, thanks to its eclectic mixture of architectural styles, and contemporary community lifestyle. Conveniently located just off the M1 freeway with easy access to the Johannesburg CBD and neighbouring suburbs including Melrose, Rosebank, Parktown, Braamfontein and …

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No recession for commercial and industrial development

No recession for commercial and industrial development. Good news for the commercial and industrial property sector. While residential and retail property take a huge knock, Stats SA revealed earlier this month that the star performer during the 2nd quarter of this year has been construction. Despite South Africa slipping into a technical recession, activity in …

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Office space being converted

Office space being converted. Presistently high office vacancies, particularly in city central business districts (CBDs), continue to spur conversions to residential units. The latest SA Property Owners’ Association (Sapoa) office vacancy report revealed that the national office vacancy rate declined by 0.4 percentage points to 11.1 percent in the second quarter of this year while the …

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