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Property prices in Australia expected to fall
The property prices in some parts of Australia may be close to peaking, indicating that prices are set to fall. Downward pressure is likely to be placed on areas of the country due to a dramatic increase in the number of houses coming on to the market, A Place in the Sun reported. In the past year, a double-digit rise in residential prices has meant that some would-be buyers hoping to emigrate from the UK to Australia have been unable to afford property there. However, if Australian property prices were to fall and housing stock for sale increase this would open up more choice for homebuyers. According to advisory and forecasting firm SQM Research, around 35,000 homes in Melbourne will be advertised for sale in December. The Economist magazine's latest survey of global housing reported that Australian property was overvalued by 61 per cent based on the current ratio of house prices-to-rents and historic ratios.
Date: 2010-07-22 21:00:00 | Source: PropertyShowrooms.com
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Global economic recovery to lose more steam – economists  
Global economic recovery to lose more steam – economists
The world’s developed economic powerhouses on which producers and exporters from countries like Bulgaria pin their hopes will come out of troubled waters much slower than expected and central banks wi...
Date: 2010-09-09 07:15:02 | Source: Sofiaecho.com
Bulgarian Delegation Sets Out to Woo Chinese Industrial Zone Investors  
Bulgarian Delegation Sets Out to Woo Chinese Industrial Zone Investors
Bulgaria’s Deputy Economy Minister Evgeni Angelov is heading a high-level Bulgarian delegation to China to attract investors for the future industrial zone in Bozhurishte near Sofia. Angelov together...
Date: 2010-09-08 16:30:30 | Source: Novinite.com
Bulgarian Property Prices Falling  
Bulgarian Property Prices Falling
New figures have revealed that the cost of property in Bulgaria is falling. Property prices in Bulgaria are falling, especially in the capital Sofia, it has been revealed.
Date: 2010-09-08 12:40:51 | Source: Topix.com
Sofia Unaware of Moscow Wed Meeting over Oil Pipeline  
Sofia Unaware of Moscow Wed Meeting over Oil Pipeline
Bulgaria's finance ministry has denied their representatives are expected in Moscow on September 8 for talks on the construction of the Burgas-Alexandroupolis oil pipeline. “The economic plan for the...
Date: 2010-09-08 07:17:50 | Source: Novinite.com
European Parliament calls for new legislation on fair food prices  
European Parliament calls for new legislation on fair food prices
he bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, the Euro...
Date: 2010-09-08 07:12:58 | Source: Sofiaecho.com
Bulgaria Parliament Mulls 2% Tax on Insurance Premiums  
Bulgaria Parliament Mulls 2% Tax on Insurance Premiums
Bulgaria's parliament will debate on Wednesday a bill, which provides for the introduction of a 2% tax on insurance premiums and was moved by the government earlier this year in a bid to boost revenue...
Date: 2010-09-08 04:24:14 | Source: Novinite.com
Florida property 'a favourite with foreign buyers'  
Florida property 'a favourite with foreign buyers'
Florida property is proving increasingly popular with overseas buyers who are helping to strengthen the state's real estate market. According to a report from the National Association of Realtors, 22...
Date: 2010-09-07 21:00:00 | Source: PropertyShowrooms.com
Spanish interest rate rise could lead to more distressed properties  
Spanish interest rate rise could lead to more distressed properties
Spanish homeowners are likely to see their mortgage payments rise over the coming months after the nation's benchmark rate for loans, Euribor, rose 1.42 per cent in August, which could lead to more di...
Date: 2010-09-07 21:00:00 | Source: PropertyShowrooms.com
Egypt 'in early stages of a real estate boom'  
Egypt 'in early stages of a real estate boom'
Egypt is in the early stages of a property boom, people hoping to find property in Muhafazat al Bahr al Ahmar will be pleased to hear. Research from Business Monitor International (BMI) highlighted t...
Date: 2010-09-07 21:00:00 | Source: PropertyShowrooms.com
Real Estate Prices at Bulgaria's Potential F1 Track Skyrocket  
Real Estate Prices at Bulgaria's Potential F1 Track Skyrocket
A week after it was announced that Bulgaria might built a Formula 1 circuit, the real estate prices at its future site near Sofia have skyrocketed despite the fact that the initiative has been trouble...
Date: 2010-09-07 10:40:23 | Source: Novinite.com
Moldova faces hurdle after referendum appears to fail  
Moldova faces hurdle after referendum appears to fail
Political turmoil expected to continue after Western-leaning government appears to have failed to pass a referendum in Moldova.
Date: 2010-09-07 10:14:09 | Source: Sofiaecho.com
Overseas property 'can be a very profitable purchase'  
Overseas property 'can be a very profitable purchase'
Investing money in overseas property can be a good way for people to make their money work for them, it has been claimed. According to Lloyds TSB International, if people make good decisions about wh...
Date: 2010-09-06 21:00:00 | Source: PropertyShowrooms.com
Flights to Mallorca to boost Spanish real estate  
Flights to Mallorca to boost Spanish real estate
Mallorca's tourism appeal, coupled with the fact a series of new flights to the Spanish island are being launched, is likely to have a positive effect on the region's real estate, people hoping to fin...
Date: 2010-09-06 21:00:00 | Source: PropertyShowrooms.com
Bulgarian City Wants Direct Link to Sofia Metro  
Bulgarian City Wants Direct Link to Sofia Metro
The administration of the western Bulgarian city of Pernik has renewed its initiative for a connection to subway of the Bulgarian capital Sofia. On Monday, the Deputy District Governor of Pernik, Rad...
Date: 2010-09-06 15:14:46 | Source: Novinite.com
Italy's Enel to Sell Bulgarian Power Plant in Fall 2010  
Italy's Enel to Sell Bulgarian Power Plant in Fall 2010
CEO of Enel SpA, Fulvio Conti, has said the Italian company will sell its stake in Bulgaria's Maritsa East 3 power plant in the fall of 2010. Conti has made it clear, as cited by Bloomberg, that Enel...
Date: 2010-09-05 09:59:28 | Source: Novinite.com
Bulgaria Press Review a " September 3, 2010  
Bulgaria Press Review a " September 3, 2010
Karadzic: Proposals for More Efficient and Faster Trial 03 September 2010 At a status conference held as part of the trial of the former president of Republika Srpska the Prosecution and Defence discu...
Date: 2010-09-03 23:00:39 | Source: Topix.com
 
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