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Chinese investment into Cyprus of around one and a half billion euros is planned May 2013 The president of Cyprus was given some welcome news recently with the announcement of one and a half billion euros planned for investment into Cyprus by investors from China....
World Cup set to boost profile of Turkey on the global stage May 2013 Experts are predicting an increase in international property buyers as a consequence of the pending football world cup for the under 20s....
Leading property experts in favour of “golden visa” proposal May 2013 The suggested of a “golden visa” of residency for investors buying properties in Spain over €500,000 has been warmly welcomed...
Istanbul property market goes from strength to strength April 2013 The buy-to-let property market is alive and well in Turkey and no more so than Istanbul...
Foreign investors favour Turkey right now April 2013 As a result of the new “reciprocity law” in Turkey foreigners are buying property in Turkey in larger numbers than before....
American House Prices Set To Jump March 2013 US property is being predicted with an increase of 22% expected over the next 5 years...
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Florida - America With demand in Central Florida for tenanted, investor units at an all time high, we have been able to source a true gem ...
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Posted On: 07/05/2012
In March, pending home sales in the US increased, providing further proof that the property market is finally on the road to recovery. Pending home sales are based on contract signings and don’t reflect closings, but are considered to be a reliable indication as to where the market is heading. Once a contract has been signed, the sale is usually closed within a couple of months.
The Pending Home Sales Index increased by 4.1% in March to reach 101.4, and is 12.8% higher than March last year when it reached 89.9. These latest figures mean it is at its highest level since April 2010 when it hit 111.3. The chief economist for the National Association of Realtors, Lawrence Yun, is fully expecting 2012 to be one of sustained recovery.
Closings for the first quarter of 2012 were the best for five years, and these latest figures showing increased contract signing point towards the second quarter being just as healthy. This increased activity is leading to less inventory which in turn is supporting prices, and it is expected prices will begin to increase in more areas as the year progresses.
Pending home sales are 21.1% higher in the North East than a year earlier although they declined by 0.8% in March this year, and in the Mid-West this figure is 16.9% higher than a year earlier, but they declined by 0.9% in March this year. Pending home sales are up by 5.9% in the South, and by 9% in the West compared to a year earlier.
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Calabria - Italy Sandy Lane Features • Frontline Beach. • Nearby amenities include: school, supermarket, 4 lidos, hotel, Enrico’s (coffee shop/ice cream/pasticeria), Callipo’s (Ice cream & Tuna). • Private ...
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Hurghada - Egypt Tiba Plaza It’s coming to establish the incredibly successful “TIBA'S Projects” development family resorts which are located near of All Tiba's project. Tiba Plaza is located in the fast growing a...
Hurghada - Egypt Tiba Nouria It’s coming to establish the incredibly successful “TIBA'S Projects” development family resort. Tiba Nouria is located in the fast growing area of Al-Ahyaa, which has been recently desi...
Sousse - Tunisia We have exclusive access to these fantastic 2 re-sale apartments in Sousse which are fully furnished to a nice for TUNISIAN standards. There are the original deeds available, registrations papers a...
Florida - America Welcome to The Palms Club, this vibrant Mediterranean-inspired environment creates a beautiful, tranquil setting even as the activity swirls non-stop around you. Enjoy as much or as little as you desi...
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Koh Samui - Thailand Description: Nominated For The 2011 Asian Property Award, Best Residential Development Koh Samui. Following on from our sold out CODE development, Lanna, is a collection of studios, 1 Bedroom apartm...
Istanbul - Turkey CITY SPOR 2 DESCRIPTION. Every day peoples’ biggest wish is to see the smiling faces of people they know, to enjoy comfortable living standards and, most importantly, to be in a safe environment. T...
Pattaya - Thailand The Chezz Pattaya Price: THB 1,539,000 Type: Apartment Size: 29 Sq.m City: Pattaya Area: Central Pattaya Development: The Chezz Bedrooms: Studio Handover Date: 30/08/2014 Thailands leadin...
Pattaya - Thailand ABATALAY CONDOMINIUM at Jomtien Beach Affordable Luxury Ocean Side Condominiums starting at 699,000 Thai Baht A new development in Jomtien that is offering 23.1m2 studios for THB 750,000 (£...