“Not enough supply” seems to be the consensus among directors of companies in the real estate industry. Many residents of the Maltese islands have expressed a growing concern regarding the increasing property and rent prices, adding on to the pressure being caused by the also rising cost of living. Many are concerned that they may be priced out of the market, at which point the question is: What happens now?
The Malta Independent on Sunday reached out to a number of leaders in the real estate industry.
Steve Mercieca, CEO of Zanzi Homes, said that he does not foresee a…
requirements to rent a house out
UBS expects home price growth and rental dip: What’s next?
(Image credit: Fleur Kaan on Unsplash)
In a world where the property market is as unpredictable as the weather, UBS brings a forecast that’s worth paying attention to. The Swiss multinational investment bank has recently stated that Singapore’s housing market has left the overvalued territory, now classifying it as fairly valued.
This shift is significant, marking a moderation in home price growth and an anticipated fall in rents. But what does this mean for the average Singaporean, the eager property investor, or the everyday renter? Let’s dive into the implications and prepare for the changes ahead.
UBS’s expectations: A closer…
UK property survey shows falling sales and frenetic rental market
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UK house sales are set to fall as high mortgage rates deter buyers, while rental prices surge as tenants enter bidding wars for the few properties available to let, according to a leading property survey published on Thursday.
The monthly report by the Royal Institution of Chartered Surveyors paints a contrasting picture of a slower sales market, with both buyers and sellers waiting for the economic outlook to settle, and a frenetic rental market where rising costs and regulation are…