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News related to Property

Apartment prices likely to remain high in Hong Kong despite promise of more supply
2015-03-27 07:37:09 [Asia]
The Hong Kong government has signalled that it is determined to tackle the imbalance between housing demand and supply and confirmed that it will make residential sites available for construction.Read full article: [Apartment prices likely to remain high in Hong Kong despite promise of more supply]
 
Optimism returns to UK housing market after mid 2014 dip, says BSA
2015-03-27 07:27:22 [Europe]
Regardless of potential uncertainties such as the forthcoming general election, optimism has returned to the UK property market after a dip in the middle of 2014, a new survey shows.Read full article: [Optimism returns to UK housing market after mid 2014 dip, says BSA]
 
House price growth in UK cities continues to fall, latest index shows
2015-03-27 07:13:11 [Europe]
The rate of house price inflation in UK cities continues to slow with growth of 10% in the 12 months to February compared to 11.6% six months ago, the latest data shows.Read full article: [House price growth in UK cities continues to fall, latest index shows]
 
UK residential landlords see lowest void periods for 13 years
2015-03-27 07:06:32 [Europe]
The average annual void period for residential landlords in the UK has dropped to its lowest level since 2002, new research shows.Read full article: [UK residential landlords see lowest void periods for 13 years]
 
Prime property market in Dubai sees sales fall
2015-03-26 11:39:44 [Middle East]
Dubai luxury home prices remain relatively resilient despite a drop-off in sales activity, according to the latest analysis of the Emirate’s residential real estate market.Read full article: [Prime property market in Dubai sees sales fall]
 
UK house price optimism rebounds, latest index suggests
2015-03-26 10:15:50 [Europe]
House price optimism in the UK rebounded in February as inflation continued to fall and the expectation of an interest rate rise receded further.Read full article: [UK house price optimism rebounds, latest index suggests]
 
Higher taxes and election uncertainty put brakes on prime London house prices
2015-03-26 09:31:13 [Europe]
Prices in the prime property market in London fell marginally in the first quarter of 2015, confirming concerns that higher taxes and pre-election qualms are affecting the sector.Read full article: [Higher taxes and election uncertainty put brakes on prime London house prices]
 
Irish property prices fall for second month in a row
2015-03-26 08:32:05 [Europe]
Residential property prices in Ireland fell by 0.4% in February, the second monthly decline in a row, the latest index data shows.Read full article: [Irish property prices fall for second month in a row]
 
US home prices growing at fastest rate for a year
2015-03-25 15:54:13 [Europe]
Existing home sales increased modestly in the United States last month but prices are growing at their fastest pace for a year, the latest index data shows.Read full article: [US home prices growing at fastest rate for a year]
 
Residential rents in Scotland rising at slowest pace for over two years
2015-03-25 15:11:01 [Europe]
Scottish rents have increased by just 1.1% in the year to February 2015, their slowest pace for over two years, according to the latest buy to let index.Read full article: [Residential rents in Scotland rising at slowest pace for over two years]
 
UK home owners should be aware of new building safety rules
2015-03-25 07:27:34 [Europe]
New Construction Design and Management (CDM) regulations due to come into force in the UK next month could affect the sale of a property if any renovation or other work is carried out by a builder who does not comply with the rules.Read full article: [UK home owners should be aware of new building safety rules]
 
UK property prices up 8.4% year on year, but annual growth still slowing
2015-03-25 07:20:04 [Europe]
UK house prices increased by 8.4% in the year to January 2015, down from 9.8% in the year to December 2014, according to the latest index.Read full article: [UK property prices up 8.4% year on year, but annual growth still slowing]
 
Vast majority of UK tenants don’t think they can afford to buy
2015-03-25 07:12:29 [Europe]
Over 90% of tenants in the UK don’t think they will be able to afford a property as rents continue to escalate and property prices stay firmly out of their reach.Read full article: [Vast majority of UK tenants don’t think they can afford to buy]
 
Miami continues to see steady growth in its residential property market
2015-03-24 16:00:38 [Europe]
Median residential sales in Miami, one of the US’s most dynamic real estate markets, continued rising last month and have now been increasing for more than three years.Read full article: [Miami continues to see steady growth in its residential property market]
 
New tenants in UK facing higher rents as demand increases
2015-03-24 15:06:30 [Europe]
There is an increase in demand for property in the UK private rental sector with new tenants seeing a rise in monthly rents from a third of lettings agents.Read full article: [New tenants in UK facing higher rents as demand increases]
 
Research reveals concerns about new mortgage rules in UK
2015-03-24 14:37:40 [Europe]
More than half of people who are either considering, or are in the course of applying for a mortgage in the UK believe that the obligation placed upon mortgage lenders to assess their ability to repay will slow down the application process.Read full article: [Research reveals concerns about new mortgage rules in UK]
 
European commercial property investment market seen as attractive
2015-03-24 09:03:21 [Europe]
The European commercial property investment market enjoyed a strong end to 2014, according to the latest quarterly report from Knight Frank.Read full article: [European commercial property investment market seen as attractive]
 
Call for next UK government to reform planning to help boost housing supply
2015-03-24 08:10:11 [Europe]
{mosimageA leading campaigning group has warned that consistent deregulation and demoralisation of the UK planning system is putting the very fabric of towns, cites and the countryside at risk. Read full article: [Call for next UK government to reform planning to help boost housing supply]
 
RICS continues its expansion into African property sectors
2015-03-23 15:13:14 [Africa]
The Royal Institution of Chartered Surveyors is continuing with its expansion in Africa which will result in more property sectors attaining international standards.Read full article: [RICS continues its expansion into African property sectors]
 
UK mortgage lending off to slow start in 2015
2015-03-23 13:27:30 [Europe]
Gross mortgage lending in the UK reached £13.4 billion in February, 9% down on both January and on last February, the latest figures from the Council of Mortgage Lenders show.Read full article: [UK mortgage lending off to slow start in 2015]
 
UK house price growth pauses, latest index shows
2015-03-23 11:05:10 [Europe]
Average UK property prices have increased by 6.8% year on year but the growth has paused with values obtained flat lining so far this year.Read full article: [UK house price growth pauses, latest index shows]
 
Seven out of 12 UK regions see rental growth, but not London
2015-03-23 10:12:24 [Europe]
After a period of rent price rises in London outstripping the rest of the UK, the disparity between the growth rate of the London and nationwide rental markets is beginning to narrow, the latest index shows.Read full article: [Seven out of 12 UK regions see rental growth, but not London]
 
Survey reveals gifts landlords give to tenants
2015-03-23 09:16:28 [Europe]
Bad news stories tend to dominate the headlines when it comes to relationships between tenants and landlords in the UK but new research reveals that the relationship is often much more convivial.
Read full article: [Survey reveals gifts landlords give to tenants]
 
Gap between residential rents and income widens in the US
2015-03-20 09:10:23 [North America]
The gap between rental costs and household income is widening to unsustainable levels in many parts of the United States and the situation could worsen unless new home construction meaningfully rises, it is claimed.Read full article: [Gap between residential rents and income widens in the US]
 
Demand for property in City of London pushes up home prices
2015-03-20 08:54:23 [Europe]
The City of London and its surrounds are now firmly part of the prime central London residential property market as increased job creation, coupled with strong buyer demand, has underpinned property price growth.Read full article: [Demand for property in City of London pushes up home prices]
 
England and Wales see fastest annual residential rent rises since May 2013
2015-03-20 08:36:38 [Europe]
Average residential rents in England and Wales increased by 3.1% year on year to stand at £766 in February 2015, the fastest annual rise since May 2013.Read full article: [England and Wales see fastest annual residential rent rises since May 2013]
 
UK set to see more transparency on mortgage fees and charges
2015-03-20 08:08:02 [Europe]
The Council of Mortgage Lenders and consumer organisation Which? have published a joint progress report on how to help people understand mortgage fees and charges. Read full article: [UK set to see more transparency on mortgage fees and charges]
 
UK property markets likely to see more capital growth in 2015, but at slower rate
2015-03-20 07:51:14 [Europe]
UK property markets are likely to see continued capital value growth in 2015, especially in prime sectors, but perhaps at a slower late, according to an outlook analysis report.Read full article: [UK property markets likely to see more capital growth in 2015, but at slower rate]
 
Steady property sales and price market forecast for Canada this year
2015-03-19 16:10:04 [North America]
Residential real estate prices in Canada are expected to remain stable this year while sales will vary considerably on a regional basis, according to the latest forecast report from the Canadian Real Estate Association (CREA).Read full article: [Steady property sales and price market forecast for Canada this year]
 
Younger home owners looking towards equity release in UK
2015-03-19 12:51:11 [Europe]
A surge in equity release activity in the UK in the second half of 2014 saw younger borrowers turning to lifetime mortgages in the wake of the Mortgage Market Review (MMR) and the 2014 Budget pension announcement.Read full article: [Younger home owners looking towards equity release in UK]
 
UK property prices increase more than earnings in London and South East
2015-03-19 12:09:31 [Europe]
Over the past two years average house prices have increased by more than the average employee’s net earnings in almost one in five local authority districts across the UK, according to new research.Read full article: [UK property prices increase more than earnings in London and South East]
 
New UK housing zones widely welcomed
2015-03-19 11:00:29 [Europe]
Twenty areas across the UK have been selected as the country’s first Housing Zones amid a pledge to build hundreds of thousands of new homes in the next five years, including more affordable properties.Read full article: [New UK housing zones widely welcomed]
 
Over a quarter of prospective UK buyers not confident about mortgage applications
2015-03-19 09:10:14 [Europe]
Some 28% of prospective buyers in the UK aren't confident their mortgage application will be approved first time and it is even lower among first time buyers, new research has found.
Read full article: [Over a quarter of prospective UK buyers not confident about mortgage applications]
 
Confidence in US housing market rises, latest index shows
2015-03-18 15:45:40 [North America]
Confidence in the US residential property market is on the rise, especially among those renting homes, new research shows.Read full article: [Confidence in US housing market rises, latest index shows]
 
Huge boost to first time buyers in UK with new deposit savings plan
2015-03-18 15:35:34 [Europe]
Thousands of would be home buyers in the UK will be able to fulfil their dream of owning a property after the government announced a new savings plan to help them get a deposit.Read full article: [Huge boost to first time buyers in UK with new deposit savings plan]
 
Average house prices in Scotland reach new peak with 1% monthly rise
2015-03-18 06:27:58 [Europe]
Average house prices in Scotland increased by 1% or £1,600 in January, surpassing the May 2008 peak, according to the latest index data.Read full article: [Average house prices in Scotland reach new peak with 1% monthly rise]
 
Planning permission for new UK homes up 12% but only half what is needed
2015-03-18 06:24:50 [Europe]
Planning permissions were granted in principle for close to 200,000 new homes a year in the UK in 2014, an increase of 12% compared to 2013 and up 39% on 2012, according to new data.Read full article: [Planning permission for new UK homes up 12% but only half what is needed]
 
Most UK regions see a rise in residential rents
2015-03-18 06:22:26 [Europe]
UK new tenancy rents have increased by 1.7% in the last year taking the average monthly amount to £876, according to the latest data to be published.Read full article: [Most UK regions see a rise in residential rents]
 
Global house prices see first quarterly fall for over two years
2015-03-17 15:03:38 [Global News]
Global house prices increased by 1.8% in 2014 but slipped by 0.6% in the final quarter of the year, affected by slowing economic growth and political unease, according to the latest index.Read full article: [Global house prices see first quarterly fall for over two years]
 
UK govt announces new measures for residential lettings sector
2015-03-17 13:26:17 [Europe]
New measures are being introduced in the UK that will create a bigger, better private rented sector for tenants and landlords aimed at getting rid of rogue operators.Read full article: [UK govt announces new measures for residential lettings sector]
 
Property stamp duty revenues up over 20% in England and Wales
2015-03-17 11:15:05 [Europe]
Stamp duty revenues in England and Wales raised on residential properties are projected to have risen by over 20% in 2014/2015 to a record £8 billion, according to new research.Read full article: [Property stamp duty revenues up over 20% in England and Wales]
 
Fewer loans for first time buyers and home movers in UK
2015-03-17 10:46:53 [Europe]
First time buyers in the UK saw a drop in lending in January compared to the previous month and the same month in 2014, according to the Council of Mortgage Lenders.Read full article: [Fewer loans for first time buyers and home movers in UK]
 
Second phase of UK custom build fund announced
2015-03-17 10:11:35 [Europe]
The second phase of a multi-million pound fund to help aspiring custom and self builders in the UK get their projects off the ground more quickly has been announced.Read full article: [Second phase of UK custom build fund announced]
 
Canadian property prices up an average of 6.3%, led by Toronto and Vancouver
2015-03-16 17:09:49 [North America]
Residential property sales in Canada edged upwards 1% month on month in February while sales are now up 6.3% year on year, according to the latest data from the Canadian Real Estate Association.Read full article: [Canadian property prices up an average of 6.3%, led by Toronto and Vancouver]
 
Average new asking prices in UK up 1% in March
2015-03-16 16:28:47 [Europe]
The average price of property coming onto the market in the UK increased by 1% or £2,748 this month compared with February but it is a more muted rise than normal, the latest index shows.Read full article: [Average new asking prices in UK up 1% in March]
 
Property price growth in some rural areas catching up with cities
2015-03-16 08:41:46 [Europe]
Property price growth in the English countryside is almost neck and neck with price rises in cities, according to the latest research.Read full article: [Property price growth in some rural areas catching up with cities]
 
UK home owners waiting longer than expected to move up housing ladder
2015-03-16 08:35:31 [Europe]
Some 33% of home owners in the UK expected to be further along the housing ladder than they are now, according to new research, rising to 44% for first time buyers.Read full article: [UK home owners waiting longer than expected to move up housing ladder]
 
Property sales in New Zealand surged by over 40% last month, latest data shows
2015-03-13 07:32:53 [Australasia]
Residential property sales in New Zealand increased by 42.5% in February compared to the previous month while prices were up 0.9% month on month.Read full article: [Property sales in New Zealand surged by over 40% last month, latest data shows]
 
More people in UK back new homes being built in their area, new survey shows
2015-03-13 07:30:22 [Europe]
Support for new house building in the UK has almost doubled in the past four years and there is more support for aspiring home owners, new figures show.Read full article: [More people in UK back new homes being built in their area, new survey shows]
 
Property prices in England and Wales up 0.5% month on month, latest index shows
2015-03-13 07:27:08 [Europe]
Residential property prices in England and Wales are £34,000 above their pre-crisis high of February 2008, according to the latest house price index to be published.
Read full article: [Property prices in England and Wales up 0.5% month on month, latest index shows]
 



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