Category: Rent Out Property

UBS expects home price growth and rental dip: What’s next?

seldone

(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

… Read More

5 things landlords need to look out for in 2024

seldone

2. Landlords will continue to sell due to challenging conditions

Rising costs, limited tax relief, and changing legislation – there are many reasons why landlords may consider selling a property in the coming months.

As part of our 2023 Landlord Report, a quarter (25 per cent) of landlords told us they were planning to sell a property before August 2024.

Another study by the Open Property Group found that a third of landlords are considering retiring or leaving the market due to issues with legislation and rising costs.

With the 2024 market landscape likely to remain similar to the previous

… Read More

UK property survey shows falling sales and frenetic rental market

seldone

Stay informed with free updates

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

… Read More

The Latest My Housing Market Rental Report

seldone
key takeaways

Key takeaways

Australia is in an unprecedented rental crisis and there is no end in sight.

Rentals are growing at double digit rates and vacancy rates are at historic lows.

However some markets are strongly outperforming others as the tables below show

We’re suffering an unprecedented rental crisis with no end in sight.

Capital city rental markets have continued to report higher rents and fewer vacancies generally over December, ending 2023 with more bad news for tenants.

Adelaide was the top monthly performer with weekly house rent increasing sharply by 4.3%, followed by Perth and Melbourne each up 3.5%, Hobart

… Read More

Brampton home renting out multiple rooms, people living in car

seldone

Published Feb 07, 2024 • Last updated Feb 07, 2024 • 1 minute read

Brampton house that is reportedly renting out
Brampton house that is reportedly renting out “multiple rooms” and people living in cars on the driveway. Photo by nmgbrampton /Instagram

The housing and rental market in the Greater Toronto Area has been a nightmare for the last few years, with spaces of all kinds being rented out at exorbitant rates.

The latest horror once again comes out of Brampton,

… Read More

Victorian investors flee amid harsh regulations, leaving the rental market worse for wear

seldone
  • Harsh regulations prompt Victorian landlords to sell, leaving the rental market strained.
  • Investors struggling through cost-of-living crisis, interest rate hikes, and high taxes.
  • Influx of sales may mean more options for first-home buyers.

Property investors have left Victoria en masse, pushed out by the increasingly harsh regulatory environment, leaving the already constrained rental market worse for wear, according to real estate agency Little Real Estate.

Investors at their wit’s end

Little Real Estate reported a surge in Victorian sales listings as investors exited the market, encumbered by the controversial COVID debt levy, further land taxes, and escalating maintenance costs.

“Our

… Read More

Abu Dhabi property market on solid growth track due to higher demand – News

seldone

Published: Sun Feb 4 2024, 7:18 PM

Sales prices for luxury apartments and villas in Abu Dhabi’s sought-after neighborhoods have risen by up to 13 per cent in 2023, new data shows.

Based on the search trends observed on Bayut.com, the UAE’s leading property portal, the prices of properties in Abu Dhabi have been on an upward trend, which could be advantageous for those looking to sell or rent out their properties. While there was an increase in sales prices in several areas driven by high demand, this trend was particularly noticeable in upscale neighborhoods offering high-end amenities and facilities.

… Read More

This property company is in the right place at the right time

seldone

The cost of renting a home in the UK is rising at a pace that is hard to overstate. In May 2022, the annual rate of rental growth was the fastest ever recorded although still only 2.8 per cent. The figure may not look dramatic but the trend is as important as the raw data. In every consecutive month since then, that record has been broken again, with the data for this July showing rent increasing at 5.3 per cent a year.

Bull points

  • Surging demand for rental homes
  • Partnership with TfL
  • Potential for higher dividends
  • Values ​​are solid despite
… Read More
↑