News / Global

China’s Top Cities Soften Mortgage Rules to Prop Up Property Sector

Two of China's largest cities have eased housing purchase restrictions, following similar moves by other major urban centres, in efforts to shore up the troubled real estate industry, Invest-Gate reports.

Unexpected 14-Year Low: UK House Prices Plunge 5.3% Annually

British real estate prices have experienced an unexpected and sharp decline, marking the largest drop in 14 years, Invest-Gate reports.

Turkish Property Prices Surge 132% After Deadly Quakes

Home prices in Turkey rocketed 132% in the first quarter from a year earlier as massive earthquakes overwhelmed reconstruction demand, a Knight Frank report said, Invest-Gate reports.

Goldman Sachs Cuts China Outlook on Lingering Property Woes

Goldman Sachs has trimmed its earnings and market forecasts for Chinese stocks, citing renewed concerns over weakness in the country's real estate sector, Invest-Gate reports.

Foreign Real Estate Sales in Turkey Reached 2,801 Properties in July

According to the Turkish Statistical Institute's statement on Tuesday, the total real estate sales in Turkey during July amounted to 109,548 properties, Invest-Gate reports.

Troubles Mount for Chinese Real Estate Giant as Debt Repayment Looms

Country Garden Real Estate Group announced it would suspend trading of 10 local bonds starting next Monday, just two days after its parent company revealed billions of dollars in losses for H1 2023, Invest-Gate reports.

Homeowner Defaults Surge as Rate Hikes Hit UK Housing

Hundreds of British homeowners have lost their properties to bank repossessions this year as rising interest rates squeeze debt payments, new figures show, Invest-Gate reports.

Real Estate Sector in Germany Faces Unprecedented Pressures

Germany has long benefited from meager borrowing rates, leading to a real estate boom that has lasted for a decade, Invest-Gate reports.

UK Home Prices Fell for Fourth Straight Month In July

Property prices in the United Kingdom dropped 0.3% from June and 2.4% from a year earlier, mortgage lender Halifax said.

Chinese Investors Drive Dubai Real Estate Boom with 130% Increase in H1 2023

Chinese property investors have returned to the Dubai real estate market, with a staggering 130% increase in residential property investments in the city during 2023 H1, Invest-Gate reports.

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