Tag Archive | "property"

Iceland property prices increased fastest in Europe last year

Property prices in Iceland increased faster last year than in any other European country surveyed. The increase in par value of houses was higher even than in Norway, where a property boom is in progress.

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Posted in Business, Featured, Iceland, International, MBL, Norway, SocietyComments (0)

Icelandic households among the most indebted in Europe

Icelandic households are among the most indebted in Europe, when debts are compared to earnings. The potentially worrying figures may have reasonable explanations, an economics professor says.

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Posted in European Union, General, Iceland, MBL, SocietyComments (0)

Elderly Finns executed in Brazil

A retired Finnish couple and their friend have been found shot dead in a sugar cane field near their winter home in Brazil.

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Posted in Featured, Finland, General, International, MBLComments (0)

Recovery in Icelandic housing market

The embattled Icelandic property market appears to be making a comeback after it nearly ground to a complete halt during the banking crisis.

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Icelandic mortgage provider in European spotlight

The supervisory arm of the EFTA, the ESA, has given Icelandic authorities a six-week deadline to implement changes to the public sector Housing Finance Fund — the country’s biggest mortgage lender. A formal investigation could take place if the deadline is missed.

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Posted in Business, Featured, General, Iceland, International, MBL, Politics, SocietyComments (2)

Strong recovery in Icelandic housing market

Many more properties were sold in the Reykjavik region last month than in April last year. According to new figures from Statistics Iceland, the number of residential property sales in the capital region rose by 86 percent year-on-year and the value of property sales in the month also shot up by 86 percent from a [...]

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New York Times on trail of Icelandic real estate bargains

According to a New York Times article, foreign investors are profiting from good house buying deals in Iceland because of the property market depression following the banking crash.

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Posted in Business, Featured, General, Iceland, International, MBL, Travel, United StatesComments (6)

Battered Icelandic housing market shows signs of life

Turnover of properties in Iceland increased by 16 percent last year compared to 2009 and there were a quarter more purchase agreements signed. However, the number of properties sold was still some four-times lower than in 2007.

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Posted in Business, Featured, General, Iceland, MBL, SocietyComments (2)

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