kman Posted July 30, 2006 Share Posted July 30, 2006 Have increasing base rates actually caused a property slump anywhere in the world yet? Quote Link to comment Share on other sites More sharing options...
Sledgehead Posted July 30, 2006 Share Posted July 30, 2006 (edited) Have increasing base rates actually caused a property slump anywhere in the world yet? Do you mean apart from in the world's largest economy? US housing market 'going bust', Telegraph, 28 July 2006 "Average house prices have fallen from $244,000 to $236,000 since April" Edited July 30, 2006 by Sledgehead Quote Link to comment Share on other sites More sharing options...
Guest muttley Posted July 30, 2006 Share Posted July 30, 2006 It's not just the Telegraph that thinks the US market has turned. Fear as US house prices to dip for the first time ever Quote Link to comment Share on other sites More sharing options...
shermanator Posted July 30, 2006 Share Posted July 30, 2006 It's not just the Telegraph that thinks the US market has turned. Fear as US house prices to dip for the first time ever The most interesting thing in that Telegraph article was some real estate analyst saying something like "these downturns always last longer than most people think". Too true - the perfect storm is brewing across the pond and it's coming here soon Quote Link to comment Share on other sites More sharing options...
Once in a lifetime Posted July 30, 2006 Share Posted July 30, 2006 http://www.moneyandmarkets.com/press.asp?r...68&cat_id=6 Property Values are Falling! Here's What's Next ... (By Mike Larson) A drop in property values is no longer some distant worry you should shrug off. It’s not some theoretical, over-the-horizon, possible threat. It’s happening — right here, right now. "A person can lose money on a home — especially if the housing market cools, as many analysts predict. People in over their head with mortgage payments who made a low down payment might have to sell a house for thousands less than they have to pay their lender." Quote Link to comment Share on other sites More sharing options...
van hoogstraten Posted July 31, 2006 Share Posted July 31, 2006 Prices are dropping in Sydney, and the RBA isn't finished with rate rises yet either Quote Link to comment Share on other sites More sharing options...
AteMoose Posted July 31, 2006 Share Posted July 31, 2006 anyone have any info on the netherlands? I believe they have had stagnating prices for a couple of years? (like the uk) whats happening now? Quote Link to comment Share on other sites More sharing options...
van hoogstraten Posted July 31, 2006 Share Posted July 31, 2006 http://www.news.com.au/heraldsun/story/0,2...458-664,00.html not looking good for new builds either Quote Link to comment Share on other sites More sharing options...
Justice Posted July 31, 2006 Share Posted July 31, 2006 (edited) anyone have any info on the netherlands? I believe they have had stagnating prices for a couple of years? (like the uk) whats happening now? i nip over to the netherlands quite a bit and compaird to the UK you can still pick up a few house bargins plus it's a better way of life. Told Germany has dropped quite a bit and some house are changing hands for peanuts Edited July 31, 2006 by Justice Quote Link to comment Share on other sites More sharing options...
expatowner Posted July 31, 2006 Share Posted July 31, 2006 Property prices continue to slide (for the past 18 months) here in Hong Kong. Impressive records are available from Centaline (one the biggest Estate Agents in HK). Here is an example. I think the slide is due to the Hong kong dollar being pegged. Hong Kong flat prices Quote Link to comment Share on other sites More sharing options...
Als Posted July 31, 2006 Share Posted July 31, 2006 anyone have any info on the netherlands? I believe they have had stagnating prices for a couple of years? (like the uk) whats happening now? I'd like to see information about house prices in the Netherlands. They have had massive immigration since the early 1990s and it would be interesting to see what kind of effect it had if any, taking other factors into account of course. Quote Link to comment Share on other sites More sharing options...
AteMoose Posted July 31, 2006 Share Posted July 31, 2006 I'd like to see information about house prices in the Netherlands. They have had massive immigration since the early 1990s and it would be interesting to see what kind of effect it had if any, taking other factors into account of course. I would be really interested too does anyone know of any reports/data like nationwide/halfax/Land Registry Data, in other parts of the world? Quote Link to comment Share on other sites More sharing options...
Buccaneer Posted July 31, 2006 Share Posted July 31, 2006 Rising by about 3% per annum in Singapore (after a decade of decline) Rising about 30% (yes 30%) per annum in Doha ,Qatar. Rents rising even faster. Static in Ho Chi Minh and Hanoi , Vietnam Quote Link to comment Share on other sites More sharing options...
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