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News related to Property

New home recovery in Australia grinds to a halt
2014-08-01 12:55:58 [Australasia]
Residential building approvals in Australia fell in June but they are still 16% higher than a year ago, according to the latest data to be published.Read full article: [New home recovery in Australia grinds to a halt]
 
Olympic Games have boosted property prices in East London
2014-08-01 09:51:53 [Europe]
The 2012 Olympic Games seem to have boosted property in the East of London with new data showing that Olympic Park house prices have grown by over 60%, or £1,200 every month since July 2005 when the Games were awarded.Read full article: [Olympic Games have boosted property prices in East London]
 
Homes with serious negative equity in the US fall to new low
2014-07-31 15:49:33 [North America]
Some 17% of US homes were seriously underwater in the second quarter of 2014, down from 26% a year ago, according to the latest figures from housing data firm RealtyTrac.Read full article: [Homes with serious negative equity in the US fall to new low]
 
Average prime London rents back to peak levels
2014-07-31 12:58:43 [Europe]
Average rents in the prime London market are back to peak levels but growth in the city is not uniform with levels in the east leading the growth, according to new researchRead full article: [Average prime London rents back to peak levels]
 
Monthly house price growth in the UK slows to 0.1%
2014-07-31 10:27:05 [Europe]
The latest UK house price index confirms that price growth is moderating, rising by just 0.1% in July, its slowest pace since April 2013.Read full article: [Monthly house price growth in the UK slows to 0.1%]
 
UK waterfront homes command a 60% premium, new research shows
2014-07-31 09:31:33 [Europe]
Prime waterfront properties in the UK are worth an average of 60% more than their inland counterparts, according to the latest index from Knight Frank.Read full article: [UK waterfront homes command a 60% premium, new research shows]
 
Private rental sector growing in England, latest housing survey shows
2014-07-31 08:44:40 [Europe]
The private rented residential sector has overtaken the social rented sector in England to become the second largest tenure in the country, according to new figures.Read full article: [Private rental sector growing in England, latest housing survey shows]
 
France to get a new monthly property price index
2014-07-30 16:24:33 [Europe]
For the first time ever there is to be a close to real time property index in France which will give buyers and sellers a better idea what is happening in the residential real estate market.Read full article: [France to get a new monthly property price index]
 
London’s gherkin on the market for £650 million
2014-07-30 14:32:01 [Europe]
One of London’s most iconic buildings, The Gherkin, in the heart of the city’s financial district has been put up for sale.Read full article: [London’s gherkin on the market for £650 million]
 
UK property market is buoyant but London market is slowing
2014-07-30 11:41:23 [Europe]
The UK, excluding London, has seen new buyer registrations rise 21% annually, while new property instructions are up by just 2%, according to new research.Read full article: [UK property market is buoyant but London market is slowing]
 
London to get the UK’s first floating village
2014-07-30 08:43:19 [Europe]
Plans to build Britain's first floating village at London's Royal Docks has moved a step closer after the Mayor of London Johnson, revealed that Carillion Igloo Genesis had won the competition to design and build it.
Read full article: [London to get the UK’s first floating village]
 
Families renting in key global cities want a secure tenancy, new research shows
2014-07-29 15:48:35 [Global News]
Significant differences in the structure of the private rental markets in London, New York, Berlin and the Randstad cities in Holland have led to vastly different numbers of families choosing to rent, new research shows.Read full article: [Families renting in key global cities want a secure tenancy, new research shows]
 
Quarterly property sales in Scotland up over 22%, latest data shows
2014-07-29 14:52:58 [Europe]
Property sales in Scotland increased by 22.4% in the second quarter of this year compared to the same quarter the previous year, according to the latest figures from the Register of Scotland.Read full article: [Quarterly property sales in Scotland up over 22%, latest data shows]
 
More offices in UK being converted to residential says RICS report
2014-07-29 13:34:06 [Europe]
London and the South of England are seeing more offices converted into residential properties, according to the latest commercial property market survey from the Royal Institution of Chartered Surveyors (RICS).Read full article: [More offices in UK being converted to residential says RICS report]
 
Property price growth in prime central London slows to 2.5%
2014-07-29 09:11:05 [Europe]
Property prices growth in the prime central London market slowed to just 2.5% in the first six months of this year and values now appear to have now plateaued having risen by just 0.4% in the second quarter of the year.Read full article: [Property price growth in prime central London slows to 2.5%]
 
People renovating their home expect to make a profit, survey has found
2014-07-29 08:15:45 [Europe]
One in 10 home buyers in the UK have bought a property to renovate with most intending to make a profit from their endeavours, new research shows.Read full article: [People renovating their home expect to make a profit, survey has found]
 
Luxury property market in Barbados picking up
2014-07-28 15:55:50 [North America]
After six years of sluggish activity, the Barbados luxury homes market is picking up according to the latest report from Knight Frank.Read full article: [Luxury property market in Barbados picking up]
 
Rents in Greater London double that of rest of UK, latest index shows
2014-07-28 14:36:47 [Europe]
For the first time ever, average rents in Greater London are more than double those across the rest of the UK at £1,412 and £694 respectively, new research shows.Read full article: [Rents in Greater London double that of rest of UK, latest index shows]
 
House prices in England and Wales up 6.4% annually, but stalled last month
2014-07-28 12:36:39 [Europe]
Average house prices in England and Wales have seen annual growth of 6.4% but price growth stalled in June, according to the latest flagship Land Registry House Price Index.Read full article: [House prices in England and Wales up 6.4% annually, but stalled last month]
 
Fewer people in UK think it is a good time to buy a home, new survey reveals
2014-07-28 10:51:41 [Europe]
Fewer people in the UK think the coming months will be a good time to buy a property with more than half believing it is a good time to sell, the latest confidence tracker report shows.Read full article: [Fewer people in UK think it is a good time to buy a home, new survey reveals]
 
Research reveals a surge in buy to let products in the UK
2014-07-28 08:10:25 [Europe]
The number of products on the market to service the growing interest in buy to let mortgages in the UK has risen to highs not seen since 2008, new research revealsRead full article: [Research reveals a surge in buy to let products in the UK]
 
Dublin continues to see strong property price growth due to supply shortage
2014-07-25 13:33:48 [Europe]
Residential property prices in Ireland have increased by 12.5% in the year to June, up from10.6% in May, according to the latest index from the Central Statistical Office.Read full article: [Dublin continues to see strong property price growth due to supply shortage]
 
House price growth in England and Wales down to 0.1% in July
2014-07-25 11:53:09 [Europe]
House prices in England and Wales increased by 0.1% in July, a further decline in the rate of growth from 0.3% last month, and the lowest level of growth over a month since February 2013, the latest index shows.Read full article: [House price growth in England and Wales down to 0.1% in July]
 
UK Home Counties see strong quarterly lettings demand
2014-07-25 10:52:19 [Europe]
The number of tenancies agreed across England’s Home Counties rental market between was 50% higher year on year in the second quarter of 2014, according to the latest Knight Frank lettings index.Read full article: [UK Home Counties see strong quarterly lettings demand]
 
Research reveals the strength of first time buyer market in the UK
2014-07-25 09:03:59 [Europe]
Residential property sales to first time buyers in the UK have grown 27%, marking the strongest opening half of a year since 2007, new research shows.Read full article: [Research reveals the strength of first time buyer market in the UK]
 
Gardens add up to 10% to the price of a property in London
2014-07-25 08:22:35 [Europe]
A garden can add up to 10% to the price of a property in London where outdoor space can be at a premium, according to new research.Read full article: [Gardens add up to 10% to the price of a property in London]
 
Land price pressures in Australia likely to dampen new house building
2014-07-24 16:04:24 [Europe]
Residential land sales in Australia fell by 4.7% between the March 2013 and March 2014 quarters, according to the latest land report.Read full article: [Land price pressures in Australia likely to dampen new house building]
 
Property viewings are up 10% in Greater London and the South West
2014-07-24 14:55:34 [Europe]
There has been a lot of talk about the London property market slowing but new research suggests that properties in Greater London and the South West are currently receiving the highest number of viewings in the country.Read full article: [Property viewings are up 10% in Greater London and the South West]
 
Strong growth for UK farm land in first half of year
2014-07-24 10:20:53 [Europe]
Capital growth during the first half of the year has been strong for British farm land, especially for the best quality, but it likely to be more muted in the second half of the year.Read full article: [Strong growth for UK farm land in first half of year]
 
Protection scheme reveals £300,000 of tenancy deposit fraud by letting agent
2014-07-24 09:14:51 [Europe]
Enforcement agencies are being urges to work more closely with Tenancy Deposit Protection (TDP) schemes in the UK in order to crack down on rogue activity from fraudulent landlords and letting agents.
Read full article: [Protection scheme reveals £300,000 of tenancy deposit fraud by letting agent]
 
UK affordable homes programme to use advanced construction techniques
2014-07-23 14:45:37 [Europe]
The UK government’s affordable homes programme will change the way properties are built in the country with many being constructed using advanced housing techniques, it has been announced.Read full article: [UK affordable homes programme to use advanced construction techniques]
 
British property prices up £90 a day since start of year
2014-07-23 08:53:51 [Europe]
The average home in Britain is now worth £260,488, up £16,265 since start of the year with Salford seeing the largest rise in property values, according to the latest data from Zoopla.Read full article: [British property prices up £90 a day since start of year]
 
Interest rates and election affecting outer London prime property market
2014-07-23 08:05:24 [Europe]
Growing speculation around an interest rate rise and uncertainty over the outcome of next May’s general election and possible tax changes are having an impact on the prime property market in outer London, a new analysis suggests.Read full article: [Interest rates and election affecting outer London prime property market]
 
Cyprus property market could be nearing the bottom, latest index report suggests
2014-07-22 15:30:17 [Europe]
Few residential properties were sold in Cyprus in the first quarter of 2014, mainly due to the prevailing economic conditions, according to the latest index from the Royal Institution of Chartered Surveyors (RICS).Read full article: [Cyprus property market could be nearing the bottom, latest index report suggests]
 
UK landlords report tenant demand is stable or growing
2014-07-22 10:43:30 [Europe]
Almost all landlords in the UK report that tenant demand is currently stable or growing, according to the latest quarterly survey from specialist buy to let lender Paragon Mortgages.Read full article: [UK landlords report tenant demand is stable or growing]
 
Prime urban property market in the UK recovering
2014-07-22 09:30:34 [Europe]
Across the UK buyers of prime property are continuing to favour urban locations and homes in cities are now on average just 1.7% below their peak, a new analysis shows.Read full article: [Prime urban property market in the UK recovering]
 
Cambridge property sells faster than anywhere else in the UK
2014-07-22 08:07:51 [Europe]
Property sells faster in Cambridge than any other city in the UK, taking only 27 days on average to be marked as sold, according to leading real estate portal Rightmove.Read full article: [Cambridge property sells faster than anywhere else in the UK]
 
US home values still got some way to go to reach prerecession levels
2014-07-21 13:25:45 [North America]
Home values in half of the 100 largest metro areas in the United States will not reach their pre-recession peak levels again for another three plus years, it is claimed.Read full article: [US home values still got some way to go to reach prerecession levels]
 
Sporting estate property values recovering, according to new sector index
2014-07-21 10:28:03 [Europe]
The value of sporting property assets in the UK has increased by 32% over the last 10 years, led by grouse moors, according to a new Sporting Property Index from Knight Frank.Read full article: [Sporting estate property values recovering, according to new sector index]
 
Number of first time buyers down 20% in one month, latest NAEA report shows
2014-07-21 08:50:12 [Europe]
First time buyers are being squeezed further out the market in the UK with house sales by this group down 20% in the last month alone, according to the National Association of Estate Agents (NAEA).Read full article: [Number of first time buyers down 20% in one month, latest NAEA report shows]
 
First time buyer numbers in UK at highest level since 2007
2014-07-21 08:08:46 [Europe]
The number of first time buyers in the UK the first six months of 2014 reached their highest level since 2007, according to new research.Read full article: [First time buyer numbers in UK at highest level since 2007]
 
Report identifies a down sizing trend in UK property market
2014-07-18 14:49:01 [Europe]
A trend for down sizers is in the UK residential property market on the increase and set to continue over the next few years, it is claimed.Read full article: [Report identifies a down sizing trend in UK property market]
 
UK home owners spending more on their gardens, survey shows
2014-07-18 14:45:24 [Europe]
A passion for gardening is taking root amongst a new generation of home owners in the UK with many adopting a Good Life style, according to new research.Read full article: [UK home owners spending more on their gardens, survey shows]
 
Positive rise in property sales in Spain, according to latest monthly data
2014-07-18 14:15:21 [Europe]
Property sales in Spain increased by 12.6% in May compared with the previous month with the Balearics seeing the biggest increases, according to the latest data from the National Statistics Office.Read full article: [Positive rise in property sales in Spain, according to latest monthly data]
 
UK construction industry facing skills shortages
2014-07-18 11:12:41 [Europe]
Skills shortage concerns in the UK construction industry now stand at their highest level since 2008, the latest quarterly survey from the Royal Institution of Chartered Surveyors shows.Read full article: [UK construction industry facing skills shortages]
 
Prime central London lettings market sees significant growth
2014-07-18 08:05:12 [Europe]
Significant growth in the private rental sector in central London’s prime property market over the past decade now sees 16.2% more households living in private rented accommodation than in owner occupied properties.Read full article: [Prime central London lettings market sees significant growth]
 
Lettings agent reveals the strange, and expensive things, tenants leave behind
2014-07-17 14:02:14 [Europe]
When leaving a rental property, most people ensure they take their possessions with them but new research shows that they can leave some very strange things behind.Read full article: [Lettings agent reveals the strange, and expensive things, tenants leave behind]
 
Sales and rental markets in Abu Dhabi steady in second quarter of 2014
2014-07-17 11:59:23 [Middle East]
The real estate market in Abu Dhabi has been relatively steady in the second quarter of 2014 with prices and sales seeing little movement, according to the latest residential report from Asteco.Read full article: [Sales and rental markets in Abu Dhabi steady in second quarter of 2014]
 
UK housing market bolstered by buy to let and remortgaging
2014-07-17 10:56:03 [Europe]
Last month saw the UK housing market bolstered by remortgaging and buy to let activity, coupled with a sharp rise in property valuations, according a new report.Read full article: [UK housing market bolstered by buy to let and remortgaging]
 
Estate agent survey shows a good school is top priority with UK buyers
2014-07-17 08:48:34 [Europe]
Living close to a good school remains a priority for home buyers in the UK with 20% of estate agents believing it is the most important factor.Read full article: [Estate agent survey shows a good school is top priority with UK buyers]
 



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