News related to the Cyprus property market Property Abroad News Feed Latest overseas property news from property-abroad.com Property Prices and Sales Still Continuing to Rise in New Zealand Property values in New Zealand are still continuing to rise, according to April figures from the QV index. The index shows values have increased by 0.4% during the last quarter, and are 3.1% up on values seen over the same period last yea Local Chinese Government Begin Loosening Housing Restrictions Local Chinese governments have begun loosening restrictions on purchasing homes, and some are even providing extra incentives to stimulate property sales, in defiance of central government policies Real Estate Market in Cyprus Re Emerging Could the real estate market in Cyprus be re-emerging, possibly according to one company who says that 90% of buyers are from Cyprus. Slowdown in Turkish Economy will not Affect Real Estate Sector Last year, the Turkish economy was the fastest growing in Europe, with a 6.6% GDP growth. In 2010, the growth was even more at 8.2%. But, based on the government's actions, it is likely that the economy in the country is slowing down. Fewer Homes for Sale Means Prices in US Are Strengthening There are fewer homes for sale in the US, and this means prices are strengthening, especially in markets where supply is short due to strong demand New Buildings Coming Up in Spain Despite Real Estate Boom Ending Though the real estate boom in Spain has almost come to an end, many are constructing new buildings. According to Jesus Encinar, one of the founders of a large property website in Spain New Dubai law Could See Investors Offered Full Refund A new law could be introduced in Dubai by as early as the end of June this year, and would enable property investors to obtain full refund if the developer defaults on the project Increased Demand Sees Building Consents in New Zealand Hit New Highs Building consents in New Zealand hit their highest level for two years in March, due to increased demand. Marbella Property to receive Boost from Infrastructural Improvement Its opening should make it much easier for people to travel between the western Costa del Sol and Marbella, thus providing a welcome boost to both the property market and the tourism industry UK Property Prices Falling Says RICS Last month the property prices in the UK fell at the quickest rate for six months according to a report from the Royal Institution of Charters Surveyors