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Australia tightens investment rules
Australia is to tighten its rules on foreign investment in property, in an attempt to ensure more housing for local residents
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RICS marks 40th Earth Day
At RICS, sustainability will become an integral part of our corporate strategy
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‘Green’ homes are energy and cost efficient
Recent official figures indicate that at least 10% of UK new builds are failing to meet new energy efficiency regulations
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International learning
Student surveyors from Nottingham Trent University have been honing their skills at the the redevelopment of a site in Prague, Czech Republic
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RICS ‘Tightening the Green Belt’ conference
Part of last month’s EU Sustainable Energy Week, this video discusses UK Green Belt issues
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China cools prices
The Chinese government has stepped up measures to cool rising property prices
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Middle East property ‘to recover in 2011’
Investors in the Middle East expect to see the region’s property market return to normal by Q2 of 2011
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New RICS CEO announced
RICS Chief Operating Officer, Sean Tompkins, has been announced as the next RICS Chief Executive Officer
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Familiar success for surveyor
A Derbyshire surveyor is following in his family’s footsteps after achieving a top grade in exams organised by the PCA
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Challenges ahead for cities
RICS recently hosted a seminar during the EU Sustainable Energy Week titled ‘Tightening the Green Belt – Crowded Cities as Environmental Role Models’
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UK house prices start to fall
House prices in the UK fell for the first time in more than a year
According to Land Registry data, the average residential property dropped 0.2% in value during May, sparking concerns of a second downturn in the housing market.
The South East and London gained 0.9% and 0.7% respectively, however, industrial areas such as North Tyneside and Sheffield suffered declines of up to 1.5%.
Howard Archer of IHS Global Insight said: “Housing market activity remains well below long-term norms despite edging up recently.
“The economic fundamentals of high unemployment, still falling full-time employment and low earnings growth are hardly ideal, a major fiscal squeeze is starting, credit conditions remain tight and house price-to-earnings ratios have moved back up.”
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