Property Investment News and Analysis from Dominic Farrell.
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View Article  GDP data confirms weak US growth

US economic growth fell sharply in the last three months of 2007 as the credit crunch took effect and spending on new housing slumped, revised figures show. Updated figures from the US Department of Commerce showed the economy grew at an annual rate of just 0.6% in the quarter, as ...   more »

View Article  NAEA sees optimistic start for property market.

According to the National Association of Estate Agents (NAEA), many of their members have reported a positive start for the New Year as recent figures from the monthly housing market survey indicate a new sense of optimism from consumers for 2008.

 

Agents reported that the number of buyers on ...   more »

View Article  NAEA urges chancellor to revise stamp duty

Stewart Lilly, president of the National Association of Estate Agents (NAEA), is calling on Chancellor Alistair Darling to use the March Budget to ease the immediate problems facing people in the housing market today.

 

With first-time buyers being priced out of the market at the bottom end the NAEA ...   more »

View Article  Bulgaria's Growing Economics Risks Tripping Up

Every day Bulgaria proudly announces yet another foreign investment project for a new shopping mall, a golf course or a residential complex. But investing in construction alone cannot bring long-term prosperity to the poorest European Union member.

Bulgaria's problems, Reuters quoted experts as saying, included underinvestment in infrastructure and manufacturing, ...   more »