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News related to property market

South east UK lettings market seeing more demand
2014-04-24 12:15:34 [Europe]
Parts of the south east of England lettings market are seeing a surge in enquiries from buy to let investors and a demand from older tenants.Read full article: [South east UK lettings market seeing more demand]
 
US median real estate sales prices up for 24 months in a row
2014-04-24 09:47:51 [North America]
The median sales price of US residential properties increased by 1% in March and are up 10% compared to a year ago, according to the latest figures from housing data specialist RealtyTrac.Read full article: [US median real estate sales prices up for 24 months in a row]
 
Shortage of three bedroom semi detached homes in the UK
2014-04-23 16:53:32 [Europe]
A majority of estate agents in the UK are experiencing a shortage of semi detached homes for sale with three bedroom properties sought after.Read full article: [Shortage of three bedroom semi detached homes in the UK]
 
More overseas buyers investing in Istanbul, latest data shows
2014-04-23 16:21:00 [Europe]
More overseas buyers are investing in the real estate market in Istanbul with the latest figures showing that sales in February were almost triple those in the same month last year.Read full article: [More overseas buyers investing in Istanbul, latest data shows]
 
UK home owners more confident about the property market, survey shows
2014-04-23 09:50:45 [Europe]
UK home owners expect property prices to rise by 8.8% on average over next six months, double the rate of growth predicted last year as market confidence rises, a new survey has found.Read full article: [UK home owners more confident about the property market, survey shows]
 
Demand pushing up rents across the UK, especially in London, new data shows
2014-04-23 08:12:59 [Europe]
Heightened competition among tenants have led to private residential rents in the UK rising by 8% annually, according to the latest data.Read full article: [Demand pushing up rents across the UK, especially in London, new data shows]
 
London sees prices soar almost 30% in the last 12 months, latest data shows
2014-04-22 16:01:06 [Europe]
London property prices continue to climb with the latest data showing they have increased by 29.5% annually while in the rest of the UK prices are up 7.4% over the last 12 months.Read full article: [London sees prices soar almost 30% in the last 12 months, latest data shows]
 
Holiday home sales rise strongly in the US, but still down on peak of 2006
2014-04-22 15:20:09 [North America]
Holiday home sales in the United States rose strongly in 2013, but investment purchases fell below the levels seen in the previous two years, according to new data from the National Association of Realtors.Read full article: [Holiday home sales rise strongly in the US, but still down on peak of 2006]
 
UK house price sentiment index up for 13 months in a row
2014-04-22 09:08:29 [Europe]
A record number of home owners in the UK believe that the value of their property increased this month, the thirteenth consecutive month that they have done so.Read full article: [UK house price sentiment index up for 13 months in a row]
 
UK buyers more willing to pay more than asking price, say estate agents
2014-04-22 08:07:55 [Europe]
As the supply of homes continues to drop, more buyers than ever before are willing to pay more than the asking price to secure their dream property, according to estate agents.Read full article: [UK buyers more willing to pay more than asking price, say estate agents]
 
Rising rents and lack of affordable housing could force people out of Dubai, experts warn
2014-04-21 09:30:44 [Middle East]
Rising rents and a lack of affordable housing in Dubai is starting to cause some concerns according to real estate experts in the emirate.Read full article: [Rising rents and lack of affordable housing could force people out of Dubai, experts warn]
 
Higher fees and taxes push up the cost of moving home in the UK
2014-04-21 08:50:37 [Europe]
UK home owners spent £6.6 billion on moving in 2013, up from £5.2 billion in 2012 and saw the cost of moving go up by 6% in a year to £8,248, or some 25% of average earnings, a new report shows.Read full article: [Higher fees and taxes push up the cost of moving home in the UK]
 
Alpine ski property market gaining momentum, new report suggests
2014-04-18 08:06:48 [Europe]
The market for ski property in the Alps is gaining momentum with prices stabilising following falls in both 2011 and 2012, according to a new analysis report.Read full article: [Alpine ski property market gaining momentum, new report suggests]
 
UK set to become more like Europe in terms of renting homes, new research suggests
2014-04-18 08:04:01 [Europe]
One in five of 23 to 27 year olds in the UK have no desire to own a home, suggesting that the country will become a nation of renters within the next generation, according to a new report.Read full article: [UK set to become more like Europe in terms of renting homes, new research suggests]
 
British expats seeking buy to let opportunities back home
2014-04-18 07:58:09 [Europe]
British expats have a strong appetite for buying property in their home country as they see it as a sound investment for the future, new research suggests.
Read full article: [British expats seeking buy to let opportunities back home]
 
Developers offering discounts to new home buyers in Hong Kong
2014-04-17 10:23:25 [Europe]
Developers in Hong Kong are continuing to launch new residential projects with incentives which are proving attractive to buyers, especially first time buyers, according to the latest monthly residential report.Read full article: [Developers offering discounts to new home buyers in Hong Kong]
 
UK asking prices up 8.4% year on year, latest index shows
2014-04-17 09:20:39 [Europe]
Home asking prices across England and Wales leapt a further 1.3% over the last month, bringing annual rise to 8.4%, according the latest data from home.co.uk.Read full article: [UK asking prices up 8.4% year on year, latest index shows]
 
US sellers advised to spruce up the outside of their properties for a fast sale
2014-04-16 15:39:32 [North America]
Home owners in the United States putting their properties on the market should focus on making them look good on the outside rather than undertake large scale renovations, a survey has found.Read full article: [US sellers advised to spruce up the outside of their properties for a fast sale]
 
More Rent to Build projects announced by UK housing minister
2014-04-16 14:37:12 [Europe]
The second phase of the UK’s Build to Rent scheme is set to deliver up to 6,500 new home for private rent in England, housing minister Kris Hopkins has announcedRead full article: [More Rent to Build projects announced by UK housing minister]
 
Help to Buy is boosting property market recovery in Scotland, latest index shows
2014-04-16 12:34:51 [Europe]
The government’s Help to buy scheme is helping the Scottish property market recovery with average prices up 3.6% in the last 12 months, according to the latest index.Read full article: [Help to Buy is boosting property market recovery in Scotland, latest index shows]
 
Survey shows confidence in UK housing market increasing
2014-04-16 11:32:27 [Europe]
Confidence in the UK housing market is leading to an increase in positive selling sentiment, with 56% thinking it is a good time to sell in the next 12 months, according to a new survey.Read full article: [Survey shows confidence in UK housing market increasing]
 
New guide launched for new mortgage regime in the UK
2014-04-16 10:27:48 [Europe]
The UK’s financial watchdog has launched a new guide for consumers to explain the changes in the mortgage market that come into force later this month.Read full article: [New guide launched for new mortgage regime in the UK]
 
Foreign buyers attracted to Corfu and some Balkan property markets, says new report
2014-04-15 12:13:30 [Europe]
Corfu’s position as a high end recreation destination means that its property market has proved resilient when set against the markets of mainland Greece, according to a new analysis from real estate firm Savills.Read full article: [Foreign buyers attracted to Corfu and some Balkan property markets, says new report]
 
UK house prices up 9.1% in a year, latest ONS data shows
2014-04-15 09:42:43 [Europe]
UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014, according to the latest data from the Office for National Statistics.Read full article: [UK house prices up 9.1% in a year, latest ONS data shows]
 
Prime property price growth in UK varies according to location, latest index shows
2014-04-15 09:07:40 [Europe]
Prime country house prices in the UK increased by 1.9% in the first quarter of this year and are 4.5% higher on an annual basis, according to the latest index.Read full article: [Prime property price growth in UK varies according to location, latest index shows]
 
Average property prices in London's Canary Wharf soar due to high demand
2014-04-15 07:51:10 [Europe]
Strong demand has forced average pricing in Canary Wharf up to around £750 per square foot, with some of the best units at new schemes pushing towards £1,100 per square foot, a new analysis shows.Read full article: [Average property prices in London's Canary Wharf soar due to high demand]
 
New home sector seeing strong growth in Australia
2014-04-14 14:23:32 [Australasia]
Residential building approvals remained close to record levels during February despite falling slightly, according to the latest figures from the Australian Bureau of Statistics (ABS).Read full article: [New home sector seeing strong growth in Australia]
 
Average farm land prices in England rise above £7,000 an acre
2014-04-14 12:34:42 [Europe]
The average value of English farmland rose by almost 6.5% in the first three months of 2014 to £7,324 per acre, the first time prices have broken the £7,000 an acre barrier.Read full article: [Average farm land prices in England rise above £7,000 an acre]
 
House prices in the EU down 0.1% in last quarter of 2013
2014-04-14 09:54:03 [Europe]
House prices in the European Union fell by 0.1% in the fourth quarter of 2013 compared with the same quarter the previous year, according to the latest index from Eurostat.Read full article: [House prices in the EU down 0.1% in last quarter of 2013]
 
Surveyors warning over risk of housing market crash in UK hot spots
2014-04-14 08:46:55 [Europe]
It is becoming increasingly important for chartered surveyors to protect UK home buyers and lenders against the mounting risk of a repeat housing market crash, it is claimed.Read full article: [Surveyors warning over risk of housing market crash in UK hot spots]
 
Property price growth in London spreading across the south of the UK
2014-04-14 08:07:45 [Europe]
Property price growth in London is pushing up values in all southern regions of the UK to new price records but northern areas are around 6% behind, according to the latest Rightmove market report.Read full article: [Property price growth in London spreading across the south of the UK]
 
Rent rises in the UK set to be overtaken by wage growth this summer, report suggests
2014-04-10 12:42:52 [Europe]
Rent rises in the UK will be overtaken by wage growth in 2014, while disposable income for those in the private rented sector is set to grow for the first whole year since the financial crisis, according to a new report.Read full article: [Rent rises in the UK set to be overtaken by wage growth this summer, report suggests]
 
UK property recovery well under way as sales reach highest level for six years
2014-04-10 09:44:55 [Europe]
The average number of houses sold in the UK in the first quarter of 2014 has increased to its highest level in six years, confirming that the country’s property market recovery is well underway.Read full article: [UK property recovery well under way as sales reach highest level for six years]
 
Analysis suggests how politics can affect the prime London property market
2014-04-09 12:26:30 [Europe]
Prime central London prices have risen by more than two thirds since their post Lehman Brothers low point but it is politics as much as economics that have had an impact on values, according to a new analysis.Read full article: [Analysis suggests how politics can affect the prime London property market]
 
A UK mansion tax would hit home owners most in just three locations in London
2014-04-09 09:57:05 [Europe]
Over 80,000 homes in the UK would be liable to a mansion tax if it were introduced, a move that has been proposed by some politians and not yet ruled out by the government.Read full article: [A UK mansion tax would hit home owners most in just three locations in London]
 
Large properties on private estates near London proving a major draw, analysis suggests
2014-04-08 08:16:39 [Europe]
Private property estates in England, especially near London, have proved themselves to be strong performers in the post credit crunch era and continue to evolve, according to a new analysis.Read full article: [Large properties on private estates near London proving a major draw, analysis suggests]
 
Prime property sales in some central London areas slowing
2014-04-08 08:07:40 [Europe]
Prime property sales in some of the most desirable locations in London are slowing and price growth at the upper end is patchy, according to a new market analysis.Read full article: [Prime property sales in some central London areas slowing]
 
Prices in Australian capital cities up 2.3% but growth unlikely to be sustained
2014-04-08 07:32:09 [Australasia]
Prices in capital cities in Australia increased by 2.3% in March with values up in every state month on month, the latest real estate index showRead full article: [Prices in Australian capital cities up 2.3% but growth unlikely to be sustained]
 
Few home hunters in the UK would take on a major renovation property, research suggests
2014-04-08 06:58:58 [Europe]
The majority of house hunters in the UK don’t want to buy a property that needs a lot of work with one in three only searching for a new build, new research reveals.Read full article: [Few home hunters in the UK would take on a major renovation property, research suggests]
 
Many UK first time buyers underestimate the time needed to buy their first home
2014-04-07 11:12:05 [Europe]
First time buyers don’t have reasonable idea of how long it takes to get onto the housing ladder in the UK with two thirds badly underestimating the timescale, new research shows.
Read full article: [Many UK first time buyers underestimate the time needed to buy their first home]
 
Property prices and sales in Canada forecast to rise steadily in 2014 and into 2015
2014-04-04 14:46:35 [North America]
The Canadian Real Estate Association (CREA) has updated its forecast for home sales and prices, saying it expects transactions and values to increase during the spring months and into 2015.Read full article: [Property prices and sales in Canada forecast to rise steadily in 2014 and into 2015]
 
Auckland prices up 7% last month, latest data shows
2014-04-04 11:02:04 [Australasia]
Residential property prices in Auckland, New Zealand, increased by 7% last month with average house prices reaching $725,708, according to the latest data from agents Barfoot & Thompson.Read full article: [Auckland prices up 7% last month, latest data shows]
 
National home prices in the US flat over the first quarter of 2014
2014-04-03 15:48:39 [North America]
Non-seasonally adjusted national home prices in the United States remained mostly flat over the winter, up 0.7%, with five metro markets show quarterly declines, according to the latest home data index from ClearCapital.Read full article: [National home prices in the US flat over the first quarter of 2014]
 
Period detached homes with a garden and close to amenities tops home desire list
2014-04-03 14:04:23 [Europe]
Future home buyers in the UK are looking for a better lifestyle and want period, detached homes with gardens that are close to amenities, a new survey has found.Read full article: [Period detached homes with a garden and close to amenities tops home desire list]
 
Bridging lending in the UK up 26% in 12 months, latest index shows
2014-04-03 08:45:21 [Europe]
Gross bridging lending in the UK has increased 26% year on year, reaching £2.02 billion in the 12 months to March, according to the latest lending index.Read full article: [Bridging lending in the UK up 26% in 12 months, latest index shows]
 
Real estate investment in London’s West End sees highest turnover since 1995
2014-04-02 13:57:35 [Europe]
The second half of 2013 saw a considerable pick up in real estate investment activity in the West End of London, with £5.8 billion transacted, according to the latest analysis report from Savills.Read full article: [Real estate investment in London’s West End sees highest turnover since 1995]
 
UK property prices rise for 15 months in a row with 0.4% growth in March
2014-04-02 12:51:43 [Europe]
UK property prices increased by 0.4% last month and are now 9.5% higher than a year ago, according to the latest index from the Nationwide Building Society.Read full article: [UK property prices rise for 15 months in a row with 0.4% growth in March]
 
Detached homes lead new property sales growth in Australia
2014-04-02 10:17:51 [Australasia]
Detached properties in Australia drove a strong result for new home sales in February, up 6.9%, according to the latest data from the Housing Industry Association.Read full article: [Detached homes lead new property sales growth in Australia]
 
Average billionaire now owns four properties worldwide, survey finds
2014-04-02 08:26:51 [Global News]
The average billionaire owns four homes, with each one worth £12.5 million, with most having one in a leading city and also a dream weekend of holiday home, new research shows.Read full article: [Average billionaire now owns four properties worldwide, survey finds]
 
Gap between renting and buying costs closing in US cities
2014-04-01 15:19:16 [North America]
The gap between renting and buying is narrowing across cities in the United States but home ownership is still 38% cheaper than renting and will be until interest rates reach 10.6%, new research shows.Read full article: [Gap between renting and buying costs closing in US cities]
 



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