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News related to property market

Only one district in England has truly affordable house prices, research suggests
2014-09-02 09:31:46 [Europe]
Copeland in the Lake District is the last local authority area left in England where the average house price is less than three times the average annual salary, according to a new analysis.Read full article: [Only one district in England has truly affordable house prices, research suggests]
 
New homes in Hong Kong driving the market forward as developers offer deals
2014-09-01 15:19:54 [Asia]
Demand for new mass residential units are the key driver of Hong Kong’s residential market at present with sales of other homes slowing, according to the latest monthly research report.Read full article: [New homes in Hong Kong driving the market forward as developers offer deals]
 
Home lending in Scotland robust in second quarter of 2014, says latest CML report
2014-09-01 12:38:48 [Europe]
Mortgage lending in Scotland is being driven primarily by lending for house purchases, with remortgage activity showing a year on year decline, according to the latest figures from the Council of Mortgage Lenders.Read full article: [Home lending in Scotland robust in second quarter of 2014, says latest CML report]
 
Latest index provides further evidence of UK property market slowdown
2014-09-01 11:38:20 [Europe]
There is further evidence that house price increases in parts of the UK are cooling with the latest index showing growth of just 0.1% in England and Wales in August.Read full article: [Latest index provides further evidence of UK property market slowdown]
 
US residential property sales slowing, latest data shows
2014-09-01 09:06:12 [North America]
Residential property sales in the US are slowing with the latest data showing the annual pace of sales fell 3% in July compared with the previous month.
Read full article: [US residential property sales slowing, latest data shows]
 
Changing households in London see housing values grow in east of city
2014-09-01 08:31:12 [Europe]
The total value of residential property in eastern boroughs of central London has grown faster than any other area of the capital, according to new research.Read full article: [Changing households in London see housing values grow in east of city]
 
Average prices in England and Wales up 1.7% last month
2014-08-29 16:12:06 [Europe]
Average house prices in England and Wales increased 1.7% last month compared with June to reach £175,653, according to the latest official data from the Land Registry.Read full article: [Average prices in England and Wales up 1.7% last month]
 
UK property prices up 0.8% in August, latest index shows
2014-08-29 11:44:21 [Europe]
UK house prices increased by 0.8% in August taking the average price of a home to £189,306, according to the latest index from the Nationwide Building Society.Read full article: [UK property prices up 0.8% in August, latest index shows]
 
Property prices in luxury markets in Spain holding steady, according to new analysis
2014-08-28 09:48:50 [Europe]
Property prices in Spain's luxury real estate markets have continued to remain steady over the past six months, according to the latest half yearly analysis.Read full article: [Property prices in luxury markets in Spain holding steady, according to new analysis]
 
UK estate agents report a growth in housing supply
2014-08-28 09:06:47 [Europe]
House hunters in the UK may have a better chance of finding their dream home, with the average number of properties available for sale through estate agents up by 11%.Read full article: [UK estate agents report a growth in housing supply]
 
UK house price growth exceeding expectations with strong midterm rises predicted
2014-08-27 14:47:08 [Europe]
Average UK house price growth has exceeded all expectations over the past year, leaving some markets with reduced capacity for further mid term growth, according to a new report.Read full article: [UK house price growth exceeding expectations with strong midterm rises predicted]
 
Renting more expensive than ever in many US metros, latest index data suggests
2014-08-27 14:03:59 [North America]
Renting is currently more expensive than ever in many areas in the United States, making it difficult for renters to save for a down payment on a home, according to a new analysis report.Read full article: [Renting more expensive than ever in many US metros, latest index data suggests]
 
First time buyers in Greater London borrow 27% quarter on quarter
2014-08-27 13:52:19 [Europe]
First time buyers in Greater London borrowed 27% more in the second quarter of this year than they did a year ago, according to the latest figures from the Council of Mortgage Lenders.Read full article: [First time buyers in Greater London borrow 27% quarter on quarter]
 
Scotland sees first rent rise for almost two years due to fees change
2014-08-27 13:20:56 [Europe]
The ban on tenant fees has accelerated rent rises in Scotland with annual average rents up 2.3% after years of stability, according to the latest published index.Read full article: [Scotland sees first rent rise for almost two years due to fees change]
 
Dubai developers urged to offer rent to own schemes
2014-08-26 15:01:53 [Middle East]
Developers in Dubai should introduce rent to own schemes to help many buyers who can no longer afford homes in the emirate’s booming residential real estate market it is claimed.Read full article: [Dubai developers urged to offer rent to own schemes]
 
Prime property market in Scotland sees robust growth
2014-08-26 11:50:45 [Europe]
The prime residential market across Scotland has showed a strong performance this year and seeing its busiest 12 month period since 2008, according to new research.Read full article: [Prime property market in Scotland sees robust growth]
 
UK home owners expectations for property price growth moderates
2014-08-26 10:33:36 [Europe]
Households in all regions of the UK perceived that property prices rose in August, but at the slowest rate since March, the latest price sentiment index showsRead full article: [UK home owners expectations for property price growth moderates]
 
Number of UK owners of home worth a million or more up almost 50%
2014-08-26 07:58:08 [Europe]
The number of home owners in the UK who can claim to be ‘property millionaires’ now stands at 484,081, almost 50% higher than last year, according to new research.Read full article: [Number of UK owners of home worth a million or more up almost 50%]
 
Year on year US home sales reach seven year high
2014-08-25 15:41:45 [North America]
Existing home sales in the United States increased in July to their highest annual pace of the year, according to the latest report from the National Association of Realtors.
Read full article: [Year on year US home sales reach seven year high]
 
Difference in renting or buying in UK increases three fold over the past five years
2014-08-25 15:06:44 [Europe]
The cost of a first time buyer owning a home in the UK is now on average £110 per month lower than renting or £1,316, new research shows.Read full article: [Difference in renting or buying in UK increases three fold over the past five years]
 
Buying a home close to best schools in England costs an extra 8% on average
2014-08-25 12:28:54 [Europe]
Homes close to the top 30 state schools in England have the largest price premium and cost on average 8% or £21,000 more, new research shows.Read full article: [Buying a home close to best schools in England costs an extra 8% on average]
 
REITs set to bring greater stability to Indian investment property sector
2014-08-22 13:24:17 [Asia]
The introduction of Real Estate Investment Trusts in India will help deepen the country’s property industry and bring greater industry stability, it is claimed.Read full article: [REITs set to bring greater stability to Indian investment property sector]
 
Sales to first time buyers in England and Wales reach seven year high
2014-08-22 12:31:36 [Europe]
The number of first time buyer sales in England and Wales rose to a seven year high in July and they are paying smaller deposits, new research shows.Read full article: [Sales to first time buyers in England and Wales reach seven year high]
 
Property prices in South East of England have recovered strongly says Savills
2014-08-22 10:19:52 [Europe]
House prices in the South East of England have recovered strongly since the economic downturn with homes in Surrey performing the best within the region, a new report from Savills shows.Read full article: [Property prices in South East of England have recovered strongly says Savills]
 
Londoners will pay an extra £42,000 to live near a tube or rail station
2014-08-22 08:15:46 [Europe]
London home buyers are willing to pay a substantial premium to live near a tube or train station with homes within 500 meters commanding some £42,000 more compared to one 1,500 meters away.Read full article: [Londoners will pay an extra £42,000 to live near a tube or rail station]
 
Property sales up in Spain, but prices are still falling, latest data shows
2014-08-21 16:19:32 [Europe]
Home sales in Spain are increasing but price are continuing to fall with the latest data from the Notaires showing transactions up 16% compared to a year ago.Read full article: [Property sales up in Spain, but prices are still falling, latest data shows]
 
New home building up 18% in England in second quarter of 2014
2014-08-21 12:46:47 [Europe]
More homes are being built in England with housing starts up 18% in the second quarter of 2014 compared to a year ago, the latest construction data shows.Read full article: [New home building up 18% in England in second quarter of 2014]
 
Property sales in UK down by 1.3% last month, HMRC data shows
2014-08-21 11:23:41 [Europe]
Property sales in the UK fell by 1.3% in July compared with the previous month but were 13.5% higher than the same month last year, the latest data from HMRC shows.Read full article: [Property sales in UK down by 1.3% last month, HMRC data shows]
 
New mortgage rules help to boost bridging loans in UK
2014-08-21 09:09:12 [Europe]
New mortgage rules introduced in the UK in April have contributed to an acceleration in bridging lending in the 12 months to the end of June, it is suggested.Read full article: [New mortgage rules help to boost bridging loans in UK]
 
US property cash sales now at lowest since 2010, latest data shows
2014-08-20 15:32:21 [North America]
Cash sales made up 34.4% of total home sales in the United States in May 2014, the lowest share since May 2010, the latest data shows.Read full article: [US property cash sales now at lowest since 2010, latest data shows]
 
Half of UK home owners not concerned about interest rate rises, poll suggests
2014-08-20 14:52:36 [Europe]
With a consensus that the first Bank of England base rate interest rise since July 2007 is drawing ever closer on the horizon, it seems that around half of UK home owners are unconcerned about it.Read full article: [Half of UK home owners not concerned about interest rate rises, poll suggests]
 
Concerns about burden of immigration checks on UK landlords
2014-08-20 14:13:41 [Europe]
New rules for UK regarding the immigration status of new tenants are set to place an unfair burden on landlords and lettings agents, it is claimed.Read full article: [Concerns about burden of immigration checks on UK landlords]
 
Forget open plan living and get yourself a party barn instead
2014-08-20 13:54:45 [Europe]
Must haves in the property world change all the time with the current list now including party barns, dressing rooms and plunge pools.
Read full article: [Forget open plan living and get yourself a party barn instead]
 
UK gross mortgage lending up 7% month on month
2014-08-20 09:15:54 [Europe]
Gross mortgage lending in the UK reached £19.1 billion in July, some 7% higher than the previous month, according to the latest figures from the Council of Mortgage Lenders.Read full article: [UK gross mortgage lending up 7% month on month]
 
Monaco gets it first skyscraper since the 1980s as demand soars for luxury homes
2014-08-19 16:38:49 [Europe]
The world’s wealthiest people are looking to Monaco, the tax haven on the French Riviera, to buy property due to its low tax and banking services, but there is a lack of space.Read full article: [Monaco gets it first skyscraper since the 1980s as demand soars for luxury homes]
 
Slight easing in house price growth in the UK in June, ONS data reveals
2014-08-19 12:38:13 [Europe]
UK house prices increased by 10.2% in the year to June 2014, down from 10.4% in the year to May 2014, the latest official figures show.Read full article: [Slight easing in house price growth in the UK in June, ONS data reveals]
 
Property sales in Spain up 8.8% boosted by foreign buyers
2014-08-19 12:17:03 [Europe]
Residential property sales in Spain increased by 8.8% in June compared to the same month a year ago, the latest data from the National Statistics Institute shows.Read full article: [Property sales in Spain up 8.8% boosted by foreign buyers]
 
Supply and demand creating rent fluctuations in prime London market
2014-08-19 09:41:29 [Europe]
A shift in supply and demand in the London prime property rental market is resulting in marked variations depending on location.Read full article: [Supply and demand creating rent fluctuations in prime London market]
 
Average property prices in Jersey up 5% quarter on quarter
2014-08-19 08:07:54 [Europe]
The average price of a typical three bedroom house in Jersey increased to the highest it has been for three years in the second quarter of 2014, the latest official data shows.
Read full article: [Average property prices in Jersey up 5% quarter on quarter]
 
Only half of new UK home buyers understand new mortgage rules, research shows
2014-08-18 15:23:14 [Europe]
Only half of aspiring home owners in the UK are aware of the new Mortgage Market Review rules that were introduced in April, according to new research.Read full article: [Only half of new UK home buyers understand new mortgage rules, research shows]
 
Higher fees and mortgage cap hitting prime property price growth in Dubai
2014-08-18 12:11:02 [Europe]
Higher fees and the recently introduced mortgage cap are having an effect on the prime property market in Dubai with price growth weakening.Read full article: [Higher fees and mortgage cap hitting prime property price growth in Dubai]
 
Scotland sees average rents rise much faster than rest of UK
2014-08-18 08:13:30 [Europe]
The private rental market in Scotland saw a sharp rise with average rent prices rising 10% last month compared to 4.4% in the UK as a whole.Read full article: [Scotland sees average rents rise much faster than rest of UK]
 
House price growth continues to moderate in Australian capital cities
2014-08-15 10:30:19 [Australasia]
Residential property price growth in Australia has moderated with values in capital cities up just 1.7% in the second the second quarter of the year.Read full article: [House price growth continues to moderate in Australian capital cities]
 
House prices close to Premier League football clubs up 129% in a decade
2014-08-15 09:42:38 [Europe]
With the football season starting in the UK an annual analysis of the price of homes close to Premier League football grounds shows that they have increased by 129% over the last 10 years.Read full article: [House prices close to Premier League football clubs up 129% in a decade]
 
Investing in property loan bridging sector providing good annual returns, it is claimed
2014-08-15 08:28:40 [Europe]
Property bridging loans have provided investors with the greatest annual returns and the lowest volatility across a range of alternative asset classes, according to the latest research.Read full article: [Investing in property loan bridging sector providing good annual returns, it is claimed]
 
Strong demand from home and abroad fuelling Miami real estate market
2014-08-14 17:03:21 [North America]
The Miami residential real estate market continued to see rising prices in the second quarter of 2014 due to strong demand, according to the latest report from estate agents.Read full article: [Strong demand from home and abroad fuelling Miami real estate market]
 
UK asking price growth slowing, latest data shows
2014-08-14 13:01:28 [Europe]
Much has been written about the property market in prime central London cooling but there are now signs that this is spreading to other parts of the country as asking prices begin falling.Read full article: [UK asking price growth slowing, latest data shows]
 
Home owners in arrears and repossession continue to fall in the UK
2014-08-14 10:26:50 [Europe]
Mortgage arrears and possessions in the UK continued to fall in the second quarter of 2014, according to the latest data published by the Council of Mortgage Lenders.
Read full article: [Home owners in arrears and repossession continue to fall in the UK]
 
UK housing market pauses as buyer demand slows
2014-08-14 08:28:12 [Europe]
Demand for new homes in the UK fell slightly in July, the first monthly decline since January 2013, according to the latest residential market survey from the Royal Institution of Chartered Surveyors.Read full article: [UK housing market pauses as buyer demand slows]
 
Prime central London flat sales down 11% year on year
2014-08-13 16:51:06 [Europe]
Flat sales in the prime central London property market are down 11% year on year but house transactions are up 20%, the latest market report shows.Read full article: [Prime central London flat sales down 11% year on year]
 



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