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News related to Property

Number of US home owners in negative equity continues to fall
2014-09-02 12:00:55 [North America]
Some 17% of home owners in the United States with mortgages were still underwater in the second quarter of this year despite home values rising steadily.Read full article: [Number of US home owners in negative equity continues to fall]
 
City of London becoming a hub for luxury new homes, research suggests
2014-09-02 11:38:05 [Europe]
High end residential development and values in the City of London are booming and catching up with the West End but Docklands is lagging behind, according to a new analysis.Read full article: [City of London becoming a hub for luxury new homes, research suggests]
 
Only one district in England has truly affordable house prices, research suggests
2014-09-02 09:31:46 [Europe]
Copeland in the Lake District is the last local authority area left in England where the average house price is less than three times the average annual salary, according to a new analysis.Read full article: [Only one district in England has truly affordable house prices, research suggests]
 
More than half of UK home owners concerned about a 1% rise in interest rates
2014-09-02 08:05:49 [Europe]
Over 50% of UK home owners believe an interest rise of 1% would have a negative effect on their finances, new research has found.Read full article: [More than half of UK home owners concerned about a 1% rise in interest rates]
 
New homes in Hong Kong driving the market forward as developers offer deals
2014-09-01 15:19:54 [Asia]
Demand for new mass residential units are the key driver of Hong Kong’s residential market at present with sales of other homes slowing, according to the latest monthly research report.Read full article: [New homes in Hong Kong driving the market forward as developers offer deals]
 
Home lending in Scotland robust in second quarter of 2014, says latest CML report
2014-09-01 12:38:48 [Europe]
Mortgage lending in Scotland is being driven primarily by lending for house purchases, with remortgage activity showing a year on year decline, according to the latest figures from the Council of Mortgage Lenders.Read full article: [Home lending in Scotland robust in second quarter of 2014, says latest CML report]
 
Latest index provides further evidence of UK property market slowdown
2014-09-01 11:38:20 [Europe]
There is further evidence that house price increases in parts of the UK are cooling with the latest index showing growth of just 0.1% in England and Wales in August.Read full article: [Latest index provides further evidence of UK property market slowdown]
 
US residential property sales slowing, latest data shows
2014-09-01 09:06:12 [North America]
Residential property sales in the US are slowing with the latest data showing the annual pace of sales fell 3% in July compared with the previous month.
Read full article: [US residential property sales slowing, latest data shows]
 
Changing households in London see housing values grow in east of city
2014-09-01 08:31:12 [Europe]
The total value of residential property in eastern boroughs of central London has grown faster than any other area of the capital, according to new research.Read full article: [Changing households in London see housing values grow in east of city]
 
New home sales in Australia down by almost 6% last month
2014-08-29 16:25:24 [Australasia]
New residential property sales in Australia fell by 5.7% in July and are down 3.5% on a quarterly basis, according to the latest new homes index from the Housing Industry Association.Read full article: [New home sales in Australia down by almost 6% last month]
 
Average prices in England and Wales up 1.7% last month
2014-08-29 16:12:06 [Europe]
Average house prices in England and Wales increased 1.7% last month compared with June to reach £175,653, according to the latest official data from the Land Registry.Read full article: [Average prices in England and Wales up 1.7% last month]
 
Development land values in England and Wales up 2% in first half of 2014
2014-08-29 15:58:27 [Europe]
The price of development land in England and Wales continued to rise in the second quarter of this year, rising by 1%, according to the latest index from Knight Frank.Read full article: [Development land values in England and Wales up 2% in first half of 2014]
 
UK property prices up 0.8% in August, latest index shows
2014-08-29 11:44:21 [Europe]
UK house prices increased by 0.8% in August taking the average price of a home to £189,306, according to the latest index from the Nationwide Building Society.Read full article: [UK property prices up 0.8% in August, latest index shows]
 
Ghost tenants putting landlords and lettings agents at risk
2014-08-29 10:13:54 [Europe]
Buy to let landlords in the UK could have millions of ghost tenants secretly living in their rented properties which is putting them and lettings agents at risk, it is claimed.Read full article: [Ghost tenants putting landlords and lettings agents at risk]
 
Chinese commercial property investors increase in Los Angeles
2014-08-28 11:49:55 [Global News]
America’s Tinseltown is the latest target for Chinese commercial real estate investment, according to a new report from international real estate firm JLL.Read full article: [Chinese commercial property investors increase in Los Angeles]
 
First time buyer lending in Wales showing strong year on year growth
2014-08-28 10:28:41 [Europe]
Mortgage lending in Wales in the second quarter of 2014 remains driven primarily by lending for house purchase, with first time buyers in particular showing strong year on year growth, according to the latest figures.Read full article: [First time buyer lending in Wales showing strong year on year growth]
 
Property prices in luxury markets in Spain holding steady, according to new analysis
2014-08-28 09:48:50 [Europe]
Property prices in Spain's luxury real estate markets have continued to remain steady over the past six months, according to the latest half yearly analysis.Read full article: [Property prices in luxury markets in Spain holding steady, according to new analysis]
 
UK estate agents report a growth in housing supply
2014-08-28 09:06:47 [Europe]
House hunters in the UK may have a better chance of finding their dream home, with the average number of properties available for sale through estate agents up by 11%.Read full article: [UK estate agents report a growth in housing supply]
 
Green field land prices in UK up almost 10% year on year
2014-08-28 08:02:02 [Europe]
National green field land values in the UK grew by 2.7% in the second quarter of 2014, bringing year on year rises to 9.8%, the highest rate of annual price growth recorded for three years. Read full article: [Green field land prices in UK up almost 10% year on year]
 
UK Landlords get better rental returns from furnished flats in town and cities
2014-08-27 15:18:56 [Europe]
Furnished flats in towns and cities provide the best rental returns for UK landlords as they appeal to young, mobile tenants, according to research from Countrywide.
Read full article: [UK Landlords get better rental returns from furnished flats in town and cities]
 
Renting more expensive than ever in many US metros, latest index data suggests
2014-08-27 14:03:59 [North America]
Renting is currently more expensive than ever in many areas in the United States, making it difficult for renters to save for a down payment on a home, according to a new analysis report.Read full article: [Renting more expensive than ever in many US metros, latest index data suggests]
 
Scotland sees first rent rise for almost two years due to fees change
2014-08-27 13:20:56 [Europe]
The ban on tenant fees has accelerated rent rises in Scotland with annual average rents up 2.3% after years of stability, according to the latest published index.Read full article: [Scotland sees first rent rise for almost two years due to fees change]
 
Dubai developers urged to offer rent to own schemes
2014-08-26 15:01:53 [Middle East]
Developers in Dubai should introduce rent to own schemes to help many buyers who can no longer afford homes in the emirate’s booming residential real estate market it is claimed.Read full article: [Dubai developers urged to offer rent to own schemes]
 
Property investors encouraged to consider investing in a holiday home
2014-08-26 14:04:13 [Europe]
With house prices in the UK generally still on the rise despite talk of interest rate rises and new mortgage rules, a the leading holiday homes market place is encouraging property investors to consider the holiday rentals market to maximise their returns.Read full article: [Property investors encouraged to consider investing in a holiday home]
 
Prime property market in Scotland sees robust growth
2014-08-26 11:50:45 [Europe]
The prime residential market across Scotland has showed a strong performance this year and seeing its busiest 12 month period since 2008, according to new research.Read full article: [Prime property market in Scotland sees robust growth]
 
UK home owners expectations for property price growth moderates
2014-08-26 10:33:36 [Europe]
Households in all regions of the UK perceived that property prices rose in August, but at the slowest rate since March, the latest price sentiment index showsRead full article: [UK home owners expectations for property price growth moderates]
 
Number of UK owners of home worth a million or more up almost 50%
2014-08-26 07:58:08 [Europe]
The number of home owners in the UK who can claim to be ‘property millionaires’ now stands at 484,081, almost 50% higher than last year, according to new research.Read full article: [Number of UK owners of home worth a million or more up almost 50%]
 
Year on year US home sales reach seven year high
2014-08-25 15:41:45 [North America]
Existing home sales in the United States increased in July to their highest annual pace of the year, according to the latest report from the National Association of Realtors.
Read full article: [Year on year US home sales reach seven year high]
 
Difference in renting or buying in UK increases three fold over the past five years
2014-08-25 15:06:44 [Europe]
The cost of a first time buyer owning a home in the UK is now on average £110 per month lower than renting or £1,316, new research shows.Read full article: [Difference in renting or buying in UK increases three fold over the past five years]
 
Buying a home close to best schools in England costs an extra 8% on average
2014-08-25 12:28:54 [Europe]
Homes close to the top 30 state schools in England have the largest price premium and cost on average 8% or £21,000 more, new research shows.Read full article: [Buying a home close to best schools in England costs an extra 8% on average]
 
Child born in UK in 2014 faces paying £3.4 million for first home
2014-08-25 09:20:04 [Europe]
A baby born today in the UK faces paying £3.4 million for their first property based on historic house price increases, new research shows.Read full article: [Child born in UK in 2014 faces paying £3.4 million for first home]
 
Unwelcome practice of double dipping among UK letting agents revealed
2014-08-25 08:33:42 [Europe]
Unscrupulous letting agents that are charging tenants and landlords for the same service such as checking references or alterations to contract extension agreements, new research has found.Read full article: [Unwelcome practice of double dipping among UK letting agents revealed]
 
Warning to UK home owners about attempting DIY this bank holiday weekend
2014-08-22 14:11:29 [Europe]
With the bank holiday weekend underway it has been revealed that more home owners in the UK are attempting DIY without professional help and two million have damaged their property as a result.Read full article: [Warning to UK home owners about attempting DIY this bank holiday weekend]
 
REITs set to bring greater stability to Indian investment property sector
2014-08-22 13:24:17 [Asia]
The introduction of Real Estate Investment Trusts in India will help deepen the country’s property industry and bring greater industry stability, it is claimed.Read full article: [REITs set to bring greater stability to Indian investment property sector]
 
Sales to first time buyers in England and Wales reach seven year high
2014-08-22 12:31:36 [Europe]
The number of first time buyer sales in England and Wales rose to a seven year high in July and they are paying smaller deposits, new research shows.Read full article: [Sales to first time buyers in England and Wales reach seven year high]
 
Property prices in South East of England have recovered strongly says Savills
2014-08-22 10:19:52 [Europe]
House prices in the South East of England have recovered strongly since the economic downturn with homes in Surrey performing the best within the region, a new report from Savills shows.Read full article: [Property prices in South East of England have recovered strongly says Savills]
 
Londoners will pay an extra £42,000 to live near a tube or rail station
2014-08-22 08:15:46 [Europe]
London home buyers are willing to pay a substantial premium to live near a tube or train station with homes within 500 meters commanding some £42,000 more compared to one 1,500 meters away.Read full article: [Londoners will pay an extra £42,000 to live near a tube or rail station]
 
Property sales up in Spain, but prices are still falling, latest data shows
2014-08-21 16:19:32 [Europe]
Home sales in Spain are increasing but price are continuing to fall with the latest data from the Notaires showing transactions up 16% compared to a year ago.Read full article: [Property sales up in Spain, but prices are still falling, latest data shows]
 
New home building up 18% in England in second quarter of 2014
2014-08-21 12:46:47 [Europe]
More homes are being built in England with housing starts up 18% in the second quarter of 2014 compared to a year ago, the latest construction data shows.Read full article: [New home building up 18% in England in second quarter of 2014]
 
Property sales in UK down by 1.3% last month, HMRC data shows
2014-08-21 11:23:41 [Europe]
Property sales in the UK fell by 1.3% in July compared with the previous month but were 13.5% higher than the same month last year, the latest data from HMRC shows.Read full article: [Property sales in UK down by 1.3% last month, HMRC data shows]
 
New mortgage rules help to boost bridging loans in UK
2014-08-21 09:09:12 [Europe]
New mortgage rules introduced in the UK in April have contributed to an acceleration in bridging lending in the 12 months to the end of June, it is suggested.Read full article: [New mortgage rules help to boost bridging loans in UK]
 
Opponents hit out at plans to drop short letting planning permission in central London
2014-08-21 08:08:37 [Europe]
Government plans to drop planning permission currently required for residential short lets is raising concern among politicans, property professionals and residents in a central London borough.Read full article: [Opponents hit out at plans to drop short letting planning permission in central London]
 
US property cash sales now at lowest since 2010, latest data shows
2014-08-20 15:32:21 [North America]
Cash sales made up 34.4% of total home sales in the United States in May 2014, the lowest share since May 2010, the latest data shows.Read full article: [US property cash sales now at lowest since 2010, latest data shows]
 
Half of UK home owners not concerned about interest rate rises, poll suggests
2014-08-20 14:52:36 [Europe]
With a consensus that the first Bank of England base rate interest rise since July 2007 is drawing ever closer on the horizon, it seems that around half of UK home owners are unconcerned about it.Read full article: [Half of UK home owners not concerned about interest rate rises, poll suggests]
 
Concerns about burden of immigration checks on UK landlords
2014-08-20 14:13:41 [Europe]
New rules for UK regarding the immigration status of new tenants are set to place an unfair burden on landlords and lettings agents, it is claimed.Read full article: [Concerns about burden of immigration checks on UK landlords]
 
Forget open plan living and get yourself a party barn instead
2014-08-20 13:54:45 [Europe]
Must haves in the property world change all the time with the current list now including party barns, dressing rooms and plunge pools.
Read full article: [Forget open plan living and get yourself a party barn instead]
 
Monaco gets it first skyscraper since the 1980s as demand soars for luxury homes
2014-08-19 16:38:49 [Europe]
The world’s wealthiest people are looking to Monaco, the tax haven on the French Riviera, to buy property due to its low tax and banking services, but there is a lack of space.Read full article: [Monaco gets it first skyscraper since the 1980s as demand soars for luxury homes]
 
Slight easing in house price growth in the UK in June, ONS data reveals
2014-08-19 12:38:13 [Europe]
UK house prices increased by 10.2% in the year to June 2014, down from 10.4% in the year to May 2014, the latest official figures show.Read full article: [Slight easing in house price growth in the UK in June, ONS data reveals]
 
Property sales in Spain up 8.8% boosted by foreign buyers
2014-08-19 12:17:03 [Europe]
Residential property sales in Spain increased by 8.8% in June compared to the same month a year ago, the latest data from the National Statistics Institute shows.Read full article: [Property sales in Spain up 8.8% boosted by foreign buyers]
 
Supply and demand creating rent fluctuations in prime London market
2014-08-19 09:41:29 [Europe]
A shift in supply and demand in the London prime property rental market is resulting in marked variations depending on location.Read full article: [Supply and demand creating rent fluctuations in prime London market]
 



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