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May 21st
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News related to property prices

UK property prices up 2.7% in last 12 months to similar levels as mid 2008
2013-05-21 16:02:13 [Europe]

Overall average house prices in the UK are rising and were up 2.7% in the 12 months to the end of March 2013, according to the latest data published today (Tuesday 21 May) by the Office of National Statistics.

Read full article: [UK property prices up 2.7% in last 12 months to similar levels as mid 2008]
 
Latest figures suggest property price recovery is underway in the Spanish islands
2013-05-21 08:25:34 [Europe]

While the property market in most of Spain remains in the doldrums there are signs that it is picking up in the Canary Islands and the Balearics.
Read full article: [Latest figures suggest property price recovery is underway in the Spanish islands]
 
Price of new homes in the UK up by 1.9% last month, latest index report shows
2013-05-20 09:53:02 [Europe]

The average price of a new home in the UK was £236,122 in April 2013, compared to £231,797 in March, a monthly increase of 1.9%, the latest new homes index published today (Monday 20 May) shows.
Read full article: [Price of new homes in the UK up by 1.9% last month, latest index report shows]
 
England and Wales house prices up 9.1% since start of year, new figures shows
2013-05-20 08:40:40 [Europe]

A fifth consecutive monthly price rise in property prices in England and Wales means that average values have now risen by 9.1% or over $20,000 since the start of the year, according to new figures published today (Monday 20 May).
Read full article: [England and Wales house prices up 9.1% since start of year, new figures shows]
 
Property owners in the UK more confident about price rises
2013-05-17 15:04:37 [Europe]

Home owners in London are more confident that the value of their property will rise in the coming 12 months that at any time since 2009, according to the latest Knight Frank/Markit House Price Sentiment Index (HPSI).
Read full article: [Property owners in the UK more confident about price rises]
 
New cooling measures result in rush of sales of luxury property in China
2013-05-17 10:01:09 [Asia]

The implementation of further tightening measures by the central government in China is expected to slower the pace of luxury residential price growth in 2013.
Read full article: [New cooling measures result in rush of sales of luxury property in China]
 
Property asking price reductions in the UK fall to lowest level in three years
2013-05-16 11:56:53 [Europe]

The number of properties currently for sale in the UK that have been reduced in price since first coming onto the market has fallen to its lowest level in almost three years, according to new research out today (Thursday 16 May).
Read full article: [Property asking price reductions in the UK fall to lowest level in three years]
 
Average asking prices rise throughout the UK with London maintaining high growth
2013-05-15 09:12:02 [Europe]

Average asking prices for residential property increased by 0.7% across the UK with regional markets bouncing back and even outperforming London, the latest asking price index shows.
Read full article: [Average asking prices rise throughout the UK with London maintaining high growth]
 
Property prices fall 2.4% in New Zealand, but sales remain strong
2013-05-14 13:18:03 [Australasia]

Residential property prices in New Zealand eased back in April but sales volumes remain strong, according to the latest market report from the Real Estate Institute of New Zealand.
Read full article: [Property prices fall 2.4% in New Zealand, but sales remain strong]
 
Help to Buy already boosting UK housing market says RICS
2013-05-14 11:57:20 [Europe]

The UK government’s recently announced Help to Buy scheme as boosted demand for property which rose to its highest level in over three years during April, according to the latest report from the Royal Institute of Chartered Surveyors (RICS).
Read full article: [Help to Buy already boosting UK housing market says RICS]
 
Value of penthouses in London soars
2013-05-14 09:30:32 [Europe]

The value of penthouses currently being sold in London now exceeds £1 billion, according to new research by property company CBRE.
Read full article: [Value of penthouses in London soars]
 
Median home prices in US metro areas continued upwards in first quarter of 2013
2013-05-13 15:42:21 [North America]

Median home prices in Metropolitan areas in the United States continued to rise in the first quarter, with the national gain showing the best year on year performance in over seven years, according to the latest quarterly report from the National Association of Realtors.
Read full article: [Median home prices in US metro areas continued upwards in first quarter of 2013]
 
Average property prices rise across most of Asia in first quarter of 2013
2013-05-13 13:22:12 [Asia]

Average luxury property prices in Asia are continuing to increase with only Hong Kong and Singapore seeing values fall, according to the latest residential index from Jones Lang LaSalle.
Read full article: [Average property prices rise across most of Asia in first quarter of 2013]
 
More housing areas become affordable in the UK in last 12 months
2013-05-13 08:08:29 [Europe]

Some 38% of towns in the UK are now affordable for home purchase, compared to 4% in 2008, new research shows, with Scotland and Wales among the most affordable.
Read full article: [More housing areas become affordable in the UK in last 12 months]
 
Average UK house prices up 3% year on year, sales up 18%, latest index shows
2013-05-10 12:44:21 [Europe]

Average residential property prices in England and Wales have increased by £6,726 over the past 12 months and sales are up 18%, according to the April LSL/Academetrics index.
Read full article: [Average UK house prices up 3% year on year, sales up 18%, latest index shows]
 
Knight Frank predicts slowdown in Hong Kong property market
2013-05-10 10:06:00 [Asia]

The residential property market in Hong Kong is expected to shrink and slow this year as stamp duty changes and new rules on selling affect buyer sentiment.
Read full article: [Knight Frank predicts slowdown in Hong Kong property market]
 
Real estate markets in the emirate of Sharja remain resilient says Cluttons
2013-05-09 15:59:42 [Middle East]

The real estate market in Sharjah remains resilient and is one of the Emirate’s top performing sectors, according to the latest report from property firm Cluttons.
Read full article: [Real estate markets in the emirate of Sharja remain resilient says Cluttons]
 
Foreign buyers encouraged to London by weak pound and safe haven status
2013-05-09 08:35:40 [Europe]

The weak pound has made property in prime central London even more enticing to foreign investors seeking safe havens and will continue to do until 2018, according to Knight Frank’s latest London Residential Review.
Read full article: [Foreign buyers encouraged to London by weak pound and safe haven status]
 
Panel of real estate experts predict average home values in US will grow 4.6% in 2013
2013-05-08 16:35:25 [North America]

Real estate experts, including economists, investment analysts and market strategists, expect average home values in the United States to grow by 4.6% in 2013.
Read full article: [Panel of real estate experts predict average home values in US will grow 4.6% in 2013]
 
Prime property market in central London recovers from stamp duty hikes
2013-05-08 15:48:57 [Europe]

Property prices in the prime central London market have risen 25% since March 2012, equivalent to £27 for every hour of every day and now stand at an average of £1,186,817, according to an analysis of Land Registry figures.
Read full article: [Prime property market in central London recovers from stamp duty hikes]
 
Residential property sales edging upwards in Canada, prices more varied, latest data shows
2013-05-08 10:15:54 [North America]

National home sales in Canada edged upward on a month on month basis in March but they are still well below levels of a year ago, according to the latest data from the Canadian Real Estate Association.
Read full article: [Residential property sales edging upwards in Canada, prices more varied, latest data shows]
 
Homes sales surge ahead in Miami as strong interest from foreign buyers continues
2013-05-07 16:48:23 [North America]

Prices of single family homes in Miami have surged with the market overall seeing price growth for 16 months in a row, the latest data from the Miami Association of Realtors shows.
Read full article: [Homes sales surge ahead in Miami as strong interest from foreign buyers continues]
 
British buyers outspending overseas buyers in prime London market, agents suggest
2013-05-07 12:03:48 [Europe]

British buyers are now spending more on London prime residential property than overseas real estate investors, reversing the recessionary trend of overseas funds dominating the market, it is claimed.

Read full article: [British buyers outspending overseas buyers in prime London market, agents suggest]
 
House price growth slowing to a more sustainable level in the US, latest index suggests
2013-05-03 16:22:06 [North America]

The national housing market in the United States showed signs of moderation in the first quarter of 2013 after months of robust and largely unsustainable annual home value appreciation, new research shows.
Read full article: [House price growth slowing to a more sustainable level in the US, latest index suggests]
 
New citizenship law set to attract Chinese property investors to Spain
2013-05-03 15:37:17 [Europe]

There is increased interest in foreign investment in the Spanish property market from Chinese buyers who are looking to invest €100 million, it is claimed.
Read full article: [New citizenship law set to attract Chinese property investors to Spain]
 
World’s most expensive property prices set to grow by 27% in next five years
2013-05-02 15:11:01 [Global News]

The value of residential property purchases over £10 million in the world’s top financial hubs of London, New York, Hong Kong and Singapore is set to grow by 27% in the next five years according to a report released today by developers Candy & Candy.
Read full article: [World’s most expensive property prices set to grow by 27% in next five years]
 
Irish property prices still trending downwards, latest data shows
2013-05-02 11:57:37 [Europe]

Residential property prices in Ireland fell by 3% on an annual basis in March, slightly more than in the previous month, the latest published data shows.
Read full article: [Irish property prices still trending downwards, latest data shows]
 
Property values down slightly across most Australian capital cities, latest index shows
2013-05-01 12:23:35 [Australasia]

Residential property values in Australia fell by 0.5% over the month of April after posting a solid 2.8% gain over the first three months of 2013, the latest figures show.
Read full article: [Property values down slightly across most Australian capital cities, latest index shows]
 
UK property prices hardly moved last month, latest Nationwide data shows
2013-05-01 10:33:08 [Europe]

The price of a typical home in the UK hardly moved in April with the latest index from the Nationwide, published today (Wednesday 01 May) showing a fall of 0.1%.
Read full article: [UK property prices hardly moved last month, latest Nationwide data shows]
 
New home prices edge upwards in the UK, led by London, new data shows
2013-05-01 09:01:40 [Europe]

The average price of a new home in the UK was £231,797 in March 2013, a monthly increase 3.4%, the highest monthly price increase since May 2012, new figures shows.
Read full article: [New home prices edge upwards in the UK, led by London, new data shows]
 
Prime central London property prices rise by £383 per day
2013-04-30 10:07:35 [Europe]

The price of prime property in central London grew by £383 per day in the first three months of this year and the average price of a flat went over the £1 million mark for the first time.
Read full article: [Prime central London property prices rise by £383 per day]
 
Solid outlook for villa and condo market in Phuket
2013-04-30 09:02:32 [Asia]

The outlook for the residential property market in Phuket, one of the most popular Thai locations for overseas buyers, in 2013 is solid with villa sales last year increasing by 20%, according to the latest analysis from CBRE.
Read full article: [Solid outlook for villa and condo market in Phuket]
 
Property prices in England and Wales up by 0.1% in March, land registry data shows
2013-04-29 14:20:50 [Europe]

Residential property prices in England and Wales increased by 0.1% in March, taking average house price £161,793, according to the latest figures published today (Monday 29 April) by the Land Registry.
Read full article: [Property prices in England and Wales up by 0.1% in March, land registry data shows]
 
Jakarta, Bangkok and Miami top global cities prime property growth
2013-04-29 10:29:49 [Global News]

The average price of luxury homes in the world’s key cities fell by 0.4% in the first quarter of 2013 although the annual rate remained positive at 3.6%.
Read full article: [Jakarta, Bangkok and Miami top global cities prime property growth]
 
House prices up 0.3% in the UK in April, latest figures show
2013-04-29 09:59:14 [Europe]

House prices gained 0.3% in April compared with the previous month as London continues to drive the headline rate of growth, according to the latest figures published today (Monday 29 April).
Read full article: [House prices up 0.3% in the UK in April, latest figures show]
 
New build price growth outperforms the rest of the housing market in the UK
2013-04-29 09:01:29 [Europe]

The average house price of new build property in the UK has increased by 12% over the last five years with the average price now at £233,822, new research shows.
Read full article: [New build price growth outperforms the rest of the housing market in the UK]
 
Russian and Scandinavian buyers flocking to the Costa del Sol
2013-04-26 09:22:01 [Europe]

Russians and Scandinavians are the biggest group of foreign buyers on the popular Costa de Sol so far this year as new figures show that Spain is still the top holiday destination in Europe.

Read full article: [Russian and Scandinavian buyers flocking to the Costa del Sol]
 
Australian property market recovery well under way, latest APM figures suggest
2013-04-26 08:58:23 [Australasia]

Low interest rates and rising confidence in the property market has resulted in national house prices rising by 1.7% in the first quarter of 2013.
Read full article: [Australian property market recovery well under way, latest APM figures suggest]
 
Prime property prices up 12.8% in London in last 12 months
2013-04-26 08:28:23 [Europe]

Property prices in prime areas of London have increased by 12.8% in the past year with a rise of 3.6% alone during the first quarter of 2013, according to new figures published today (Friday 26 April).
Read full article: [Prime property prices up 12.8% in London in last 12 months]
 
UK home owners at their most confident for three years about property price growth
2013-04-25 16:08:49 [Europe]

UK home owners are expecting house prices to rise by 4.5% over the next six months, a sign of significant confidence returning to the housing market, according to new research.
Read full article: [UK home owners at their most confident for three years about property price growth]
 
Turkey’s recognition as a leading golf destination boosting interest in properties
2013-04-24 14:39:01 [Europe]

The first PGA (Professional Golf Association) tournament being held in Turkey later this year could increase interest in properties on or near golf courses, agents believe.
Read full article: [Turkey’s recognition as a leading golf destination boosting interest in properties]
 
Buyers and sellers showing confidence in Edinburgh property market
2013-04-24 10:55:13 [Europe]

There has been an increase in the number of agreed sales, new listings and property viewings in the first quarter of 2013 in Edinburgh, according to a survey by one of Scotland’s leading independent property consultants.
Read full article: [Buyers and sellers showing confidence in Edinburgh property market]
 
Bahrain residential property market seeing increased demand
2013-04-24 10:00:35 [Middle East]

National uncertainty has taken a toll on Bahrain but the kingdom is now entering a period of relative calm and the Bahrain Central Bank has made a positive growth projection of 4% in 2013.
Read full article: [Bahrain residential property market seeing increased demand]
 
Home sales fall slightly in the US but prices still trending upwards
2013-04-23 20:34:48 [North America]

Existing home sales in the United States eased in March, down 0.6% but are still 10.3% higher than a year ago, the latest index from the National Association of Realtors shows.
Read full article: [Home sales fall slightly in the US but prices still trending upwards]
 
Sales of properties increasing in Spain as foreign buyers eye bargain prices
2013-04-23 12:42:45 [Europe]

Sales momentum is building in some parts of Spain with one well established agency reporting transaction activity up 25% in the first three months of 2013 compared with a year ago.
Read full article: [Sales of properties increasing in Spain as foreign buyers eye bargain prices]
 
Investing in student property in the UK set to bring 9.2% annual return
2013-04-23 09:06:52 [Europe]

The student accommodation property investment sector in the UK is predicted to see 9.2% annual returns over the next 12 months due to continued demand.
Read full article: [Investing in student property in the UK set to bring 9.2% annual return]
 
UK home owners more confident about price growth
2013-04-22 08:17:31 [Europe]

Home owners in the UK are more confident that the value of their home will rise over the next 12 months than at any time for nearly three years, data from the latest House Price Sentiment Index (HPSI) indicates.
 
Read full article: [UK home owners more confident about price growth]
 
Increasing interest in integrated tourism property projects reported in Oman
2013-04-19 09:34:21 [Middle East]

The real estate sector in Oman is being driven forward by increased government spending and increasing interest in integrated tourism developments, a new analysis of the market shows.
Read full article: [Increasing interest in integrated tourism property projects reported in Oman]
 
Retired home owners sitting on property equity that is growing faster than incomes
2013-04-18 15:28:51 [Europe]

Rising house prices over the last 15 years in the UK mean that many retirees are living in an increasingly valuable asset that has grown almost twice as fast as the average pensioner income, according to research from the Equity Release Council.
Read full article: [Retired home owners sitting on property equity that is growing faster than incomes]
 
Spurt of foreign buyers helping to boost Spanish property market
2013-04-18 12:55:09 [Europe]

Foreign investment in Spanish residential property increased by 17% last year to its highest level since 2004, according to the latest figures from the Bank of Spain.
Read full article: [Spurt of foreign buyers helping to boost Spanish property market]
 



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