Rate rises will create balanced housing market: Ray White

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Rising interest rates will prevent the housing market from overheating and will help create a well balanced market, a real estate group says.Ray White chairman Brian White says this month’s interest rate rise by the Reserve Bank of Australia (RBA) and the prospect of further increases will prevent the property market from rising too rapidly.He said the past 12 months had been the most volatile he had known in the Australian property sector.“There’s nothing worse than a market getting out of cont

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The Worthwhile Opportunity of Investment in the Properties Sector of Dubai

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by Mohamed Whitesnow The property sector in Dubai is showing great prospects and today it would be a wise decision to purchase an apartment in Dubai. The value of property is increasing gradually in Dubai due to the high tourist footfall and Dubai becoming one of the most visited trading and holidaying destination of the world. The rental prospects of a property in Dubai are high as well, with a steady growth, that is coming to be one of the main reasons for many to buy properties in Dubai.

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