SHANGHAI, China - A housing-market meltdown may be wracking the U.S. economy and shaking the financial markets, but in Asia, the question is how to cool things down.

From China and South Korea to India and Singapore, housing prices are soaring amid strong economic growth and surging demand from developers and upwardly mobile families who want to upgrade their homes...

Prices of average-priced homes have climbed beyond an average person’s means, but the number of people that can afford them has increased, a property strategist said.

"This is a somewhat different story to what many seem to believe, i.e. that less and less people are able to afford houses," said John Loos, a property strategist at FNB...

The latest rise in interest rates (the seventh in 15 months) is having an impact on the market — but could however lead to more realistic pricing, says Lanice Steward, MD of Anne Porter Knight Frank.

According to Steward, she does not see the interest-rate hike as a "proverbial train smash", as there has been no apparent drop in the number of enquiries receiving...

Man-in-the-street talk about the possible impact of the United States sub-prime debt crisis on the South African economy - and the South African property market in particular - has been largely uninformed and sometimes dangerously wild, says Ilan Kaplan, Madison Property Fund Managers’ in-house analyst...

Seeff heavyweight says it’s not the person that’LL dictate property market sentiment.

As debate around investment sentiment under the next South African president gathers steam, Seeff heavyweight Ian Slot has raised his head above the parapet to say that the identity of the next president is not that important...

If you’re retiring and looking to scale down on home maintenance so you’LL have more time for travel, hobbies or just relaxing, you’ve probably thought about selling your family home.

But then what? Should you rent or buy again? And if you buy, what type of home should it be...

Real estate group Seeff Properties has called for more research into the possibility of a subsidy for first-time home buyers to help them enter the property market.

Ian Slot, MD of Seeff Atlantic Seaboard, CBD and City Bowl in Western Cape, says the group is suggesting the introduction of a subsidy for first-time buyers...

It was in the early 1800's that Hermanus Pieters, teacher and shepherd at the Caledon farm Boontjieskraal, followed the Elephant Path down to the sea, discovered a fresh spring where he could camp for a few months with his livestock in an environment of exceptional beauty.

Slowly the news of 'good summer grazing and fresh water, right next to the sea – bring the whole family!' spread to surrounding farming districts. The journey was an adventure by ox wagon with provisions for the months away from home...

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PERTH PARK LAUNCH R100 MILLION RESIDENTIAL PROJECT IN STRAND

Ongoing development in the Strand area – and particularly in the vicinity of Somerset Mall and the beachfront– has been rapid for at least a decade and it appears that it will continue indefinitely, says Richard Edwards, Manager, New Business, for Nedbank Corporate Property Finance (Cape), which has funded a substantial portion of the area’s major developments for the last ten years...

Residential property- Believe it or not, the average priced house is more affordable now than a decade ago - in a sense

Affordability of the average-priced house based on the average person’s income growth has deteriorated over the past decade. However, a different calculation of affordability based on the number of people that can afford the average-priced house shows an improvement in affordability over the past decade, especially on new housing stock...

Swing to sectional title in capital city

While the property market in KwaZulu-Natal capital Pietermaritzburg has experienced a general slowdown this year, there has been relatively strong demand and sales activity in the sectional title sector.

Albie Timmerman, principal of leading local agency Homenet 1st Realtors, says that in the central part of Pietermaritzburg, including Clarendon, Pelham and Scottsville, sectional title sales have yielded a high turnover in comparison to other suburbs, according to the local Residential Property Price Indicator (RPPI)...

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