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News related to property market

Outlook for new home construction in Australia expected to be strong
2014-10-30 17:12:24 [Australasia]
The new homes market in Australia is expected to be healthy in the coming year with land sales up, especially in regional areas.Read full article: [Outlook for new home construction in Australia expected to be strong]
 
Latest index provides further evidence of UK house price growth slowing
2014-10-30 11:33:09 [Europe]
UK house prices increased by 0.5% in October but annual residential property price growth slowed to 9%, according to the latest index from the Nationwide building society.Read full article: [Latest index provides further evidence of UK house price growth slowing]
 
UK estate agents see surge in home hunters as supply remains low
2014-10-30 11:16:47 [Europe]
The number of house hunters recorded by estate agents in the UK is at the highest level in nearly 10 years as supply is at a 12 year low.Read full article: [UK estate agents see surge in home hunters as supply remains low]
 
Worrying number of home owners plan to use pension to pay off mortgage
2014-10-29 13:10:00 [Europe]
More than half a million 40 to 70 year olds in England intend to use part or all of their pension to repay their mortgage, according to new research.
Read full article: [Worrying number of home owners plan to use pension to pay off mortgage]
 
Sustained recovery in Spanish property market looking more likely
2014-10-29 12:44:33 [Europe]
Improved confidence in the economy, a wide spread belief that property prices have finally hit rock bottom and more readily available financing are all helping encourage sales in Spain, according to experts.Read full article: [Sustained recovery in Spanish property market looking more likely]
 
Positive outlook for buy to let lending in the UK
2014-10-29 09:59:25 [Europe]
Intermediaries’ are positive about their future levels of mortgage business over the next year, according to the latest quarterly intermediary survey.Read full article: [Positive outlook for buy to let lending in the UK]
 
Edinburgh property market not affected by referendum vote in third quarter
2014-10-29 09:29:40 [Europe]
Despite the uncertainty caused by the Scottish referendum during the summer months, new statistics show that the property market maintained momentum and interest.Read full article: [Edinburgh property market not affected by referendum vote in third quarter]
 
Research reveals the UK’s property blacks spots where prices are falling
2014-10-29 09:03:28 [Europe]
Property buyers, sellers and investors are usually eager to hear about the latest real estate hot spots but now new research reveals the UK's property investment black spots.Read full article: [Research reveals the UK’s property blacks spots where prices are falling]
 
Average prices in England and Wales down 0.2%, land registry data shows
2014-10-28 13:27:04 [Europe]
Average house prices in England and Wales fell 0.2% in September compared with the previous month, according to the latest index from the Land Registry.Read full article: [Average prices in England and Wales down 0.2%, land registry data shows]
 
Prime arable farm land prices in parts of UK up almost 18% year on year
2014-10-28 11:47:32 [Europe]
Prime arable farm land prices in Britain have increased by 17.9% year on year but this substantial growth land masks some early signs of potential change to the market.Read full article: [Prime arable farm land prices in parts of UK up almost 18% year on year]
 
Prime central London experiencing shortage of three bed homes to rent
2014-10-28 08:52:20 [Europe]
As the lettings market in the capital continues to thrive, one leading national estate agent is experiencing a shortage of rental properties available, particularly for three bedroom homes which are in high demand.Read full article: [Prime central London experiencing shortage of three bed homes to rent]
 
Property prices in Ireland recovering well with 15% year on year growth
2014-10-28 08:27:56 [Europe]
Residential property prices in Ireland increased by 15% in the 12 months to September, up slightly year on year from the previous month.Read full article: [Property prices in Ireland recovering well with 15% year on year growth]
 
US real estate price growth slows to more realistic level, says latest index
2014-10-27 18:01:01 [North America]
Home value growth has peaked in the United States and the cooling real estate market has banished concerns about a property bubble, according to experts.Read full article: [US real estate price growth slows to more realistic level, says latest index]
 
UK landlords and rental agents unrealistic about wear and tear, it is suggested
2014-10-27 13:21:58 [Europe]
Landlords and agents in the UK are still pushing for rental homes to be in a better condition when a tenant leaves and often have unrealistic expectations, new research has found.Read full article: [UK landlords and rental agents unrealistic about wear and tear, it is suggested]
 
Councils in England will help self builders find land, UK govt pledges
2014-10-27 10:55:39 [Europe]
Anyone in England who wants to build their own home should be able to turn to their local council for help to find a suitable plot of land under new plans published by the UK’s housing and planning minister.Read full article: [Councils in England will help self builders find land, UK govt pledges]
 
Private rental prices in Britain up by 1% year on year, latest index shows
2014-10-27 09:58:30 [Europe]
Private rental prices paid by tenants in Great Britain rose by 1% in the 12 months to September 2014, the latest figures from the Office of National Statistics show.Read full article: [Private rental prices in Britain up by 1% year on year, latest index shows]
 
African lion starting to roar louder than the Russian bear in prime London market
2014-10-27 09:02:33 [Europe]
The Russian bear is roaring less now in the prime London property market as the African lion takes over with rich Africans spending over £600 million on real estate over the last three years.Read full article: [African lion starting to roar louder than the Russian bear in prime London market]
 
UK home owners set to spend £6 billion on property upgrades in next three years
2014-10-24 12:03:20 [Europe]
Nearly a third of UK home owners are looking to carry out work on their home in the next three years, with up to £6 billion in projected works planned annually over the next three years.Read full article: [UK home owners set to spend £6 billion on property upgrades in next three years]
 
UK mortgage holders expect to be in a better financial position in three years
2014-10-24 08:54:16 [Europe]
Some 60% of mortgage holders in the UK anticipate that they will be in the same financial position or better in three years' time even though the majority expect interest rates to rise.Read full article: [UK mortgage holders expect to be in a better financial position in three years]
 
Bermuda named as the ultimate island location to buy a trophy property
2014-10-24 06:57:55 [Global News]
Bermuda has been named as the top island in the world for wealthy people buying real estate who are seeking the ultimate luxurious and private space.Read full article: [Bermuda named as the ultimate island location to buy a trophy property]
 
Prime central London house prices expected to be flat for rest of 2014
2014-10-23 15:40:20 [Europe]
House prices in the prime London market are expected to stay flat until end of the year after slowing considerably in the third quarter of the year.Read full article: [Prime central London house prices expected to be flat for rest of 2014]
 
Sharp increase in house building boosts UK construction market
2014-10-23 09:58:05 [Europe]
A sharp rise in private housing and private commercial construction activity has pushed up workloads at the fastest rate since 1994, according to the latest RICS survey.Read full article: [Sharp increase in house building boosts UK construction market]
 
Advertised rents growth varies considerably in the UK
2014-10-23 09:35:00 [Europe]
The South East of England, East Anglia and Scotland have seen advertised residential rents reach record highs in the third quarter of 2014, according to the latest published index.Read full article: [Advertised rents growth varies considerably in the UK]
 
Prime central London property market sees second quarter of sales decline
2014-10-22 16:20:47 [Europe]
The prime central London property market is seeing further adjustments with the latest figures showing that the overall value of properties transacted is down 21.1%.
Read full article: [Prime central London property market sees second quarter of sales decline]
 
UK property becoming increasingly important part of retirement planning
2014-10-22 16:03:04 [Europe]
Property is becoming an increasingly important part of retirement planning in the UK with new figures showing a surge in the number of retirees using the wealth stored in their home to fund their retirement.Read full article: [UK property becoming increasingly important part of retirement planning]
 
Rent rises in Scotland cool off from August peak, latest index shows
2014-10-22 15:21:45 [Europe]
Average rents in Scotland fell by 0.2% in September to £536 per month but they climbed to a new peak in Edinburgh, according to the latest buy to let index.Read full article: [Rent rises in Scotland cool off from August peak, latest index shows]
 
New online services launches to help UK landlords with immigration checks
2014-10-22 06:55:54 [Europe]
A new service for UK landlords has been launched to help them cope with the new legislation that means they must check the immigration status of potential tenants before agreeing a rental.
Read full article: [New online services launches to help UK landlords with immigration checks]
 
HMRC figures shows UK property sales cooling
2014-10-21 14:04:11 [Europe]
Sales of properties in the UK fell by 4.8% between August and September but are still 5% higher compared to the same period in 2013, the latest data shows.Read full article: [HMRC figures shows UK property sales cooling]
 
Overseas investors become largest investors in UK commercial property
2014-10-21 10:02:21 [Europe]
Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data shows.Read full article: [Overseas investors become largest investors in UK commercial property]
 
UK property prices expected to rise 9% this year and 5% in 2015
2014-10-21 09:31:37 [Europe]
Property prices across the UK are set to finish 2014 up by 9% and rise another 5% in 2015, according to the latest outlook report.Read full article: [UK property prices expected to rise 9% this year and 5% in 2015]
 
Falling property prices in Singapore expected to dive next year by up to 20%
2014-10-21 08:07:37 [Asia]
Singapore's private residential property prices experienced steady declines in September, according the latest quarterly data from the Urban Redevelopment Authority.Read full article: [Falling property prices in Singapore expected to dive next year by up to 20%]
 
Non home owners in the UK despair at lack of affordable housing to buy
2014-10-20 15:31:24 [Europe]
British house hunters feel increasingly disenfranchised by the lack of affordable housing, new research has found.Read full article: [Non home owners in the UK despair at lack of affordable housing to buy]
 
Sales up over 50% year on year in prime Alpine resorts
2014-10-20 13:38:10 [Europe]
The prime ski property market in the Alps is continuing on its upward path with sales volumes up 52% year on year, according to the latest index from Savills.Read full article: [Sales up over 50% year on year in prime Alpine resorts]
 
UK mortgage activity has reached a plateau, latest data suggests
2014-10-20 11:47:22 [Europe]
Lending for homes in the UK has reached a plateau with concerns about interest rate rises affecting activity, according to the latest figures.Read full article: [UK mortgage activity has reached a plateau, latest data suggests]
 
Average rental prices down across much of the UK in September
2014-10-20 10:19:48 [Europe]
Rental price growth across the UK continued to ease in September, with twice as many regions in the UK seeing rental price falls than those recording an increase in rental prices, the latest figures show.Read full article: [Average rental prices down across much of the UK in September]
 
Research reveals almost half of UK non-home owners think they will never buy
2014-10-20 09:04:23 [Europe]
Almost half of non-home owners in the UK don’t ever expect to own their own place and 1.1 million, or 7%, would consider moving abroad to fulfil their dream of owning a property, new research has found.Read full article: [Research reveals almost half of UK non-home owners think they will never buy]
 
Madrid set to outperform other European office property markets
2014-10-17 15:24:30 [Europe]
There has been good news for the residential market in Spain with sales steadily increasing and now the country’s commercial property market, particularly in Madrid, is striding ahead.Read full article: [Madrid set to outperform other European office property markets]
 
UK mortgage lenders braced for further interventions despite market growth cooling
2014-10-17 14:21:45 [Europe]
Mortgage lenders and brokers expect further interventions by the Bank of England’s Financial Policy Committee (FPC) despite market growth cooling, according to new research.Read full article: [UK mortgage lenders braced for further interventions despite market growth cooling]
 
Average rents in England and Wales hit all-time high
2014-10-17 10:43:32 [Europe]
Average rents across England and Wales have reached a new all-time record high of £768 per month despite a slowdown in annual rises, the latest data shows.Read full article: [Average rents in England and Wales hit all-time high]
 
Second steppers finding it hard financially to move up housing ladder
2014-10-17 08:31:42 [Europe]
Second Steppers in the UK need to find an extra £58,400 to fund the move to their second home, over double the average first time buyer deposit, according to new research.Read full article: [Second steppers finding it hard financially to move up housing ladder]
 
Half of over 40s think they will still have a mortgage or rent during retirement
2014-10-17 08:06:10 [Europe]
Half of people aged over 40 believe they will still be repaying their mortgage or paying rent when they retire, new research has found.Read full article: [Half of over 40s think they will still have a mortgage or rent during retirement]
 
Review of UK housing and planning policies widely welcomed
2014-10-16 14:50:12 [Europe]
Changes need to be made to housing and planning policies in the UK to ensure enough new homes are being built, according to a property market review.Read full article: [Review of UK housing and planning policies widely welcomed]
 
Dubai sees strongest prime rental price growth, latest global cities index shows
2014-10-16 14:26:42 [Global News]
Dubai has seen the strongest prime rental market growth in the second quarter of 2014 although overall many cities have seen falling rents.Read full article: [Dubai sees strongest prime rental price growth, latest global cities index shows]
 
Majority of UK buyers and sellers have had problems with estate agents, new research shows
2014-10-16 11:26:31 [Europe]
Nearly two thirds of buyers and sellers have experienced problems with their estate agent in the last five years, according to new research.Read full article: [Majority of UK buyers and sellers have had problems with estate agents, new research shows]
 
Average house prices in the UK fell by 1.1% last month, the latest data shows
2014-10-16 09:31:13 [Europe]
Average house prices in the UK fell 1.1% in September but are still up 6.9% on an annual basis, according to the latest index figures to be published.
Read full article: [Average house prices in the UK fell by 1.1% last month, the latest data shows]
 
Chennai residential market proves to be the most resilient in India
2014-10-16 09:04:44 [Asia]
The Chennai residential market is one of the steadiest in India and has proved its resilience just after the global economic downturn which was one of the toughest periods for the country’s property market.Read full article: [Chennai residential market proves to be the most resilient in India]
 
All regions of the UK see a year on year rise in residential rents
2014-10-15 15:28:20 [Europe]
Rents in the UK have continued to increase steadily throughout the year with the average rent in the third quarter of 2014 reaching £903 per calendar month, according to the latest index.
Read full article: [All regions of the UK see a year on year rise in residential rents]
 
Farm land values in England up 2% in third quarter of 2014
2014-10-15 11:31:52 [Europe]
The average value of farm land in England increased by 2% in the third quarter of 2014 and has increased 12% so far in 2014, the latest index shows.Read full article: [Farm land values in England up 2% in third quarter of 2014]
 
Confidence in UK housing market falls to lowest level for a year
2014-10-15 10:29:00 [Europe]
After staying high and steady for the last year consumer confidence in the UK housing market has fallen to its lowest level in 12 months.Read full article: [Confidence in UK housing market falls to lowest level for a year]
 
House prices in Scotland fall for first time in a year
2014-10-15 10:03:46 [Europe]
Average house prices in Scotland fell by 0.2% in August, the first fall in a year as over half the country saw declines, the latest index shows.Read full article: [House prices in Scotland fall for first time in a year]
 



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