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News related to Property

Home sales down almost 5% in the US in January
2015-02-27 07:48:22 [North America]
Existing home sales in the United States declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the latest index.Read full article: [Home sales down almost 5% in the US in January]
 
UK rental market returns to growth, latest rental index shows
2015-02-27 07:45:32 [Europe]
Residential rents for new tenancies in the UK increased by 2.5% during first month of the year, according to the latest figures to be published.Read full article: [UK rental market returns to growth, latest rental index shows]
 
UK housing market optimism at lowest level for 18 months
2015-02-27 07:34:47 [Europe]
House price optimism in the UK fell to its lowest level for 18 months in January as lending got off to sluggish start.Read full article: [UK housing market optimism at lowest level for 18 months]
 
PRS issues further guidance on unfair lettings agent fees in UK
2015-02-27 07:30:05 [Europe]
The Property Redress Scheme (PRS) has issued further guidance on unfair fees being charged by letting agents in the UK.Read full article: [PRS issues further guidance on unfair lettings agent fees in UK]
 
Stamp duty changes in UK push first time buyer deposits to 18 month high
2015-02-27 07:21:09 [Europe]
First time buyer deposits in the UK have increased by 15% in a year to average almost £30,000, driven by lower stamp duty bills for new buyers, according to the latest analysis.Read full article: [Stamp duty changes in UK push first time buyer deposits to 18 month high]
 
New home building in Australia set to increase in 2015 before falling off
2015-02-26 11:47:01 [Australasia]
New house building in Australia is forecast to increase for a third consecutive year in 2014/2015 with growth of 7.7%, according to the latest outlook report from the Housing Industry Association. Read full article: [New home building in Australia set to increase in 2015 before falling off]
 
House purchase lending in London slowed in fourth quarter, says CML
2015-02-26 10:55:18 [Europe]
Greater London saw a decline in the level of house purchase and remortgage lending both year on year and quarter on quarter at the end of 2014, according to the latest data from the Council of Mortgage Lenders.Read full article: [House purchase lending in London slowed in fourth quarter, says CML]
 
Scotland sees 9% quarterly rise in £1 million plus properties
2015-02-26 10:13:06 [Europe]
The number of £1 million plus residential property sales in Scotland rose by 9% quarter on quarter in the final three months of last year according to a new analysis.
Read full article: [Scotland sees 9% quarterly rise in £1 million plus properties]
 
More UK homes selling for less than asking price, new research shows
2015-02-26 09:44:28 [Europe]
Nearly three quarters of houses sold in the UK in January went for less than their asking price as buyers started to negotiate again, according to estate agents.
Read full article: [More UK homes selling for less than asking price, new research shows]
 
Weaker demand from overseas buyers hits London prime property market
2015-02-26 09:19:30 [Europe]
Prime property prices in London fell by 4.3% in the last quarter of 2014 due to weaker demand from international buyers, a new analysis suggests.Read full article: [Weaker demand from overseas buyers hits London prime property market]
 
Miami residential real estate sales and prices rise at start of 2015
2015-02-25 15:21:29 [North America]
Miami single family home sales increased in January and all residential median sale prices continued their more than three years of consistent growth, according to the latest index.Read full article: [Miami residential real estate sales and prices rise at start of 2015]
 
CML reaffirms what needs to be done for UK home lending markets after election
2015-02-25 15:09:06 [Europe]
The Council of Mortgage Lenders has reissued its election manifesto aimed at political parties ahead of the forthcoming vote in the UK in May.Read full article: [CML reaffirms what needs to be done for UK home lending markets after election]
 
Rents in Scotland up 1.3% in last 12 months, latest index shows
2015-02-25 07:11:27 [Europe]
Residential rents in Scotland have increased by 1.3% in the last 12 months, just half the pace of rent growth in England and Wales, according to the latest sector index.Read full article: [Rents in Scotland up 1.3% in last 12 months, latest index shows]
 
House price growth optimism slows in the UK
2015-02-25 06:02:54 [Europe]
The majority of households in the UK perceive that the value of their home rose in February but this level of optimisim is moderating, according to the latest house price sentiment index.Read full article: [House price growth optimism slows in the UK]
 
Consultation launched on speeding up UK planning change
2015-02-25 06:00:06 [Europe]
UK planning and housing minister Brandon Lewis has proposed new measures to speed up the planning system and provide new homes more quickly.Read full article: [Consultation launched on speeding up UK planning change]
 
Abu Dhabi office market set to weather lower oil prices
2015-02-24 13:31:08 [Middle East]
Lower oil prices could lead to possible implications for the Abu Dhabi real estate market but commercial property should be able to shrug off such concerns, according to a new analysis.Read full article: [Abu Dhabi office market set to weather lower oil prices]
 
UK property sales down 1.4% in January, latest data shows
2015-02-24 12:06:51 [Europe]
UK property sales fell in January, with the seasonally adjusted estimate for the month down by 1.4% compared to December 2014.Read full article: [UK property sales down 1.4% in January, latest data shows]
 
Confidence in property market reaches three year high in UK
2015-02-24 10:52:20 [Europe]
Confidence in the UK property market has reached a three year high, according to new research from Clydesdale and Yorkshire Banks.Read full article: [Confidence in property market reaches three year high in UK]
 
UK agents launch 2015 manifesto for sale and rental housing sectors
2015-02-24 10:15:46 [Europe]
Estate and lettings agents in the UK have launched their 2015 housing manifesto calling for better supply, enhanced regulation, and a change to property taxes.Read full article: [UK agents launch 2015 manifesto for sale and rental housing sectors]
 
Research shows some UK tenants resort to paying for repairs
2015-02-24 09:29:08 [Europe]
Some two thirds of tenants in the UK have had to dip into their own pockets to fund repairs because they could not wait for the landlord any longer, it is claimed.Read full article: [Research shows some UK tenants resort to paying for repairs]
 
Signs of a strong house market recovery in the UK regions
2015-02-23 12:26:19 [Europe]
The outlook for the UK housing market in 2015 is positive, despite some challenges, with signs of a strong recovery in the regions, according to the latest quarterly analysis report.Read full article: [Signs of a strong house market recovery in the UK regions]
 
Two thirds of buyers in England and Wales to benefit from stamp duty tax change
2015-02-23 11:08:32 [Europe]
More than two thirds of buyers in England and Wales will benefit from the stamp duty changes announced last year and it is set to stimulate housing market activity.Read full article: [Two thirds of buyers in England and Wales to benefit from stamp duty tax change]
 
Plans for over 400,000 new homes in London announced
2015-02-23 10:30:57 [Europe]
The UK’s Chancellor of the Exchequer George Osborne has set out plans to help London meet its need for over 400,000 homes, including the establishment of a London Land Commission.Read full article: [Plans for over 400,000 new homes in London announced]
 
Quarter of UK lettings agents report higher rents in first month of 2015
2015-02-23 09:15:15 [Europe]
One in four letting agents in the UK have seen private sector rents rise at the beginning of 2015, according to the first of a new monthly report from the Association of Residential Letting Agents (ARLA).Read full article: [Quarter of UK lettings agents report higher rents in first month of 2015]
 
Northern UK cities catching up in house price growth terms
2015-02-20 12:03:24 [Europe]
UK house prices in key cities rose by 7.9% in the 12 months to January 2015, however prices were up just 1.1% in the last quarter of the year as the slowdown continued.Read full article: [Northern UK cities catching up in house price growth terms]
 
UK housing market sales at their highest since 2007
2015-02-20 11:52:46 [Europe]
Residential sales in the UK in the first 10 months of 2014 were 21% higher than in the same period in 2013 with over three quarters of a million property sales recorded, new research shows.Read full article: [UK housing market sales at their highest since 2007]
 
January saw 14% fall in mortgage lending in the UK
2015-02-20 11:39:10 [Europe]
Gross mortgage lending in the UK reached £14.3 billion in January, a 14% decrease from December, according to the latest estimate from the Council of Mortgage Lenders.
Read full article: [January saw 14% fall in mortgage lending in the UK]
 
Rents in England and Wales up almost 3% in last 12 months
2015-02-20 11:23:51 [Europe]
Residential rents in England and Wales increased by 2.8% in the last year to an average of £763 and are now 16% higher than in 2010, according to the latest rental index to be published.
Read full article: [Rents in England and Wales up almost 3% in last 12 months]
 
Home sales in Canada fall to 2% below levels from a year ago
2015-02-19 12:47:39 [North America]
Residential property sales in Canada fell by 3.1% in January compared with the previous month and are 2% below levels recorded a year ago, according to the latest data from the Canadian Real Estate Association.Read full article: [Home sales in Canada fall to 2% below levels from a year ago]
 
Number of new homes being built in the UK up 10% since 2013
2015-02-19 10:36:20 [Europe]
New figures show a rise in the numbers of new homes being built across the UK, with starts now 10% above 2013 and at their highest annual total since 2007.Read full article: [Number of new homes being built in the UK up 10% since 2013]
 
Oxford prime property market outperforms rest of UK
2015-02-19 10:03:24 [Europe]
Rising demand from international buyers and others from London relocating to Oxford has contributed to price growth in the city’s prime property market, new research shows.Read full article: [Oxford prime property market outperforms rest of UK]
 
Finding the right property often relies on gut instinct, survey finds
2015-02-19 09:03:07 [Europe]
When looking for a new home many people have a gut feeling about whether or not they can see themselves living in a particular property, a new survey has found.
 
Solid home price growth in the US in last quarter of 2014
2015-02-18 17:11:30 [North America]
Home prices in the United States posted solid gains in the fourth quarter of 2014, with the majority of metro areas seeing a slightly stronger price growth.Read full article: [Solid home price growth in the US in last quarter of 2014]
 
UK landlords becoming more competitive for sought after student market
2015-02-18 12:57:43 [Europe]
With more students in the UK living in privately owned hall style accommodation, landlords in the sector are having to compete more to attract them as tenants, new research has found.
Read full article: [UK landlords becoming more competitive for sought after student market]
 
First time buyers in UK giving up on their dream of owning a home, poll suggests
2015-02-18 11:33:26 [Europe]
A generation in the UK has given up on the dream of owning their own home as a result of the property boom, according to a survey by a legal firm.Read full article: [First time buyers in UK giving up on their dream of owning a home, poll suggests]
 
Record December for house prices in Scotland
2015-02-18 09:55:02 [Europe]
Scottish house prices have increased by £6,700 in the last 12 months to hit a six year high, nearing the pre-recession peak, the latest index report shows.Read full article: [Record December for house prices in Scotland]
 
UK private rented sector index shows marginal hardening in yields
2015-02-18 09:22:20 [Europe]
Total returns from private rented sector investment grade blocks in the UK slipped towards the end of 2014, according to the latest sector index.Read full article: [UK private rented sector index shows marginal hardening in yields]
 
Overseas buyer confidence strengthening in Italy
2015-02-17 17:43:25 [Europe]
With the euro at a seven year low against the pound and prime prices in some parts of Italy at their lowest level since the financial crisis, buyer confidence is strengthening, it is claimed.Read full article: [Overseas buyer confidence strengthening in Italy]
 
UK house prices up almost 10% in year to December 2014
2015-02-17 14:58:34 [Europe]
UK house prices increased by 9.8% in the year to December 2014, down from 9.9% in the year to November 2014, according to the latest official figures.Read full article: [UK house prices up almost 10% in year to December 2014]
 
Home purchase lending up just 1% in final month of 2014, CML data shows
2015-02-17 13:46:32 [Europe]
House purchase lending to home buyers increased slightly by 1% month on month in December but compared to December 2013, the number of loans fell by 5%, according to the latest CML data.
Read full article: [Home purchase lending up just 1% in final month of 2014, CML data shows]
 
Proposals published on improvements for buyer and seller protection in Scotland
2015-02-17 09:58:21 [Europe]
The Law Society of Scotland has published a report following an independent review of consumer protections for people buying and selling property in Scotland. Read full article: [Proposals published on improvements for buyer and seller protection in Scotland]
 
UK asking prices up 2.1% in February
2015-02-17 09:26:13 [Europe]
Average price of property coming to the market in the UK increased by 2.1% or over £5,000 this month with all regions reporting growth, according to the latest index report from Rightmove.Read full article: [UK asking prices up 2.1% in February]
 
Australian office market sees record breaking end to 2014
2015-02-16 18:26:56 [Australasia]
A record breaking finish to 2014 has kick started momentum in the Australian office market in 2015 with demand and deals on the rise, according to a new report.Read full article: [Australian office market sees record breaking end to 2014]
 
Prime London property market likely to be subdued until after election in May
2015-02-16 07:07:18 [Europe]
The mood of buyers and vendors alike in the prime London residential market is likely to remain subdued up until after the general election in May, it is claimed.
Read full article: [Prime London property market likely to be subdued until after election in May]
 
Asking prices already rising in some parts of the UK
2015-02-16 07:01:07 [Europe]
Encouraged by last year's positive property market performance, sellers' asking prices are already rising quickly in London and the South East of England, according to the latest index report.Read full article: [Asking prices already rising in some parts of the UK]
 
Annual savings of £742 for those getting on the UK housing ladder
2015-02-16 01:10:31 [Europe]
First time buyers in the UK are £742 or 9% a year better off with their own home compared to those who rent, according to new research by the Halifax.
Read full article: [Annual savings of £742 for those getting on the UK housing ladder]
 
Increasing demand and lack of supply hitting UK first time buyer market
2015-02-15 17:55:25 [Europe]
The UK housing market is seeing increasing demand and limited supply and first time buyers are finding it increasingly difficult to get on the property market, according to a new analysis.Read full article: [Increasing demand and lack of supply hitting UK first time buyer market]
 
Miami saw record demand for property in 2014
2015-02-13 07:48:04 [North America]
The Miami real estate market continued to perform robustly in the fourth quarter of 2014 due to renewed consumer confidence and increasing demand from both domestic and international buyers, according to the latest monthly index report.
Read full article: [Miami saw record demand for property in 2014]
 
Property markets varying across the UK, latest RICS survey shows
2015-02-13 07:44:19 [Europe]
Supply and demand varied across the UK residential property market in January and 49% more London surveyors saw prices fall in January 2015 according to the latest monthly index.Read full article: [Property markets varying across the UK, latest RICS survey shows]
 
Rents increase in UK as demand outstrips supply
2015-02-13 07:30:06 [Europe]
The average UK rent is now £836 per calendar month, an increase of 2% year on year as demand, especially for quality homes outstrips supply.Read full article: [Rents increase in UK as demand outstrips supply]
 



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