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News related to Property

Foreign buyers pushing up office property sales in Sydney, latest data shows
2014-04-24 15:44:32 [Australasia]
Foreign investors, particularly from Asia, have an intense appetite for office buildings throughout Sydney’s CBD and Metro and have pushed up sales in the past 12 months.Read full article: [Foreign buyers pushing up office property sales in Sydney, latest data shows]
 
Inquiry to look at UK’s national planning policy after research reveals problems
2014-04-24 15:27:35 [Europe]
A group of politians has launched an inquiry into the UK’s National Planning Policy Framework after research found that some local planning authorities may be meeting performance targets despite being ineffective and displaying poor practice. Read full article: [Inquiry to look at UK’s national planning policy after research reveals problems]
 
South east UK lettings market seeing more demand
2014-04-24 12:15:34 [Europe]
Parts of the south east of England lettings market are seeing a surge in enquiries from buy to let investors and a demand from older tenants.Read full article: [South east UK lettings market seeing more demand]
 
US median real estate sales prices up for 24 months in a row
2014-04-24 09:47:51 [North America]
The median sales price of US residential properties increased by 1% in March and are up 10% compared to a year ago, according to the latest figures from housing data specialist RealtyTrac.Read full article: [US median real estate sales prices up for 24 months in a row]
 
House building in the UK is driving a construction industry revival, says RICS
2014-04-24 08:45:08 [Europe]
The UK private housing sector is driving a construction industry revival, although skills shortages threaten the pace of recovery, according to the latest Construction Market Survey from the Royal Institution of Chartered Surveyors.Read full article: [House building in the UK is driving a construction industry revival, says RICS]
 
Shortage of three bedroom semi detached homes in the UK
2014-04-23 16:53:32 [Europe]
A majority of estate agents in the UK are experiencing a shortage of semi detached homes for sale with three bedroom properties sought after.Read full article: [Shortage of three bedroom semi detached homes in the UK]
 
More overseas buyers investing in Istanbul, latest data shows
2014-04-23 16:21:00 [Europe]
More overseas buyers are investing in the real estate market in Istanbul with the latest figures showing that sales in February were almost triple those in the same month last year.Read full article: [More overseas buyers investing in Istanbul, latest data shows]
 
Regional office take up in the UK set for strong growth in 2014
2014-04-23 11:44:01 [Europe]
Office take up across the UK regions is expected to be 13% above the 10 year average this year with demand having increased across all of the key markets, according to a new analysis report.Read full article: [Regional office take up in the UK set for strong growth in 2014]
 
UK home owners more confident about the property market, survey shows
2014-04-23 09:50:45 [Europe]
UK home owners expect property prices to rise by 8.8% on average over next six months, double the rate of growth predicted last year as market confidence rises, a new survey has found.Read full article: [UK home owners more confident about the property market, survey shows]
 
Demand pushing up rents across the UK, especially in London, new data shows
2014-04-23 08:12:59 [Europe]
Heightened competition among tenants have led to private residential rents in the UK rising by 8% annually, according to the latest data.Read full article: [Demand pushing up rents across the UK, especially in London, new data shows]
 
London sees prices soar almost 30% in the last 12 months, latest data shows
2014-04-22 16:01:06 [Europe]
London property prices continue to climb with the latest data showing they have increased by 29.5% annually while in the rest of the UK prices are up 7.4% over the last 12 months.Read full article: [London sees prices soar almost 30% in the last 12 months, latest data shows]
 
Holiday home sales rise strongly in the US, but still down on peak of 2006
2014-04-22 15:20:09 [North America]
Holiday home sales in the United States rose strongly in 2013, but investment purchases fell below the levels seen in the previous two years, according to new data from the National Association of Realtors.Read full article: [Holiday home sales rise strongly in the US, but still down on peak of 2006]
 
Average prime farm land values in UK up 1.5% in first quarter of 2014
2014-04-22 12:52:13 [Europe]
Average prime farm land values in the UK increased to £8,700 an acre in the first quarter of this year, a rise of 1.5%, according to the latest value survey from real estate firm Savills.Read full article: [Average prime farm land values in UK up 1.5% in first quarter of 2014]
 
UK house price sentiment index up for 13 months in a row
2014-04-22 09:08:29 [Europe]
A record number of home owners in the UK believe that the value of their property increased this month, the thirteenth consecutive month that they have done so.Read full article: [UK house price sentiment index up for 13 months in a row]
 
UK buyers more willing to pay more than asking price, say estate agents
2014-04-22 08:07:55 [Europe]
As the supply of homes continues to drop, more buyers than ever before are willing to pay more than the asking price to secure their dream property, according to estate agents.Read full article: [UK buyers more willing to pay more than asking price, say estate agents]
 
New home starts soar in some parts of Australia, latest stats show
2014-04-21 17:11:24 [Australasia]
New home starts in Australia increased by 8.2% in Australia in the final quarter of 2013, the latest data from the Australian Bureau of Statistics shows.Read full article: [New home starts soar in some parts of Australia, latest stats show]
 
UK landlords likely to see buy to let rental yields fall
2014-04-21 10:04:26 [Europe]
UK house prices rising faster than rents could result in yields for buy to let landlords becoming slimmer than in previous years, it is claimed.Read full article: [UK landlords likely to see buy to let rental yields fall]
 
Rising rents and lack of affordable housing could force people out of Dubai, experts warn
2014-04-21 09:30:44 [Middle East]
Rising rents and a lack of affordable housing in Dubai is starting to cause some concerns according to real estate experts in the emirate.Read full article: [Rising rents and lack of affordable housing could force people out of Dubai, experts warn]
 
Higher fees and taxes push up the cost of moving home in the UK
2014-04-21 08:50:37 [Europe]
UK home owners spent £6.6 billion on moving in 2013, up from £5.2 billion in 2012 and saw the cost of moving go up by 6% in a year to £8,248, or some 25% of average earnings, a new report shows.Read full article: [Higher fees and taxes push up the cost of moving home in the UK]
 
Almost half of UK property owners plan to improve their home this year
2014-04-21 08:05:56 [Europe]
The Easter Bank Holiday weekend is usually a busy one for home owners seeking to start improvements on their property and almost half plan to undertake a DIY project in the next 12 months.Read full article: [Almost half of UK property owners plan to improve their home this year]
 
Compulsory redress schemes for UK letting and property management agents confirmed
2014-04-18 08:10:58 [Europe]
All letting and property management agents in the UK will be required to join an approved redress scheme later this year under new plans announced by Housing Minister Kris Hopkins.Read full article: [Compulsory redress schemes for UK letting and property management agents confirmed]
 
Alpine ski property market gaining momentum, new report suggests
2014-04-18 08:06:48 [Europe]
The market for ski property in the Alps is gaining momentum with prices stabilising following falls in both 2011 and 2012, according to a new analysis report.Read full article: [Alpine ski property market gaining momentum, new report suggests]
 
UK set to become more like Europe in terms of renting homes, new research suggests
2014-04-18 08:04:01 [Europe]
One in five of 23 to 27 year olds in the UK have no desire to own a home, suggesting that the country will become a nation of renters within the next generation, according to a new report.Read full article: [UK set to become more like Europe in terms of renting homes, new research suggests]
 
Rare private island off north west coast of Scotland comes to market
2014-04-18 08:01:51 [Europe]
A private island off the north west coast of Scotland has come onto the market described as being located on one of the country’s most beautiful archipelagos but still easily accessible.Read full article: [Rare private island off north west coast of Scotland comes to market]
 
British expats seeking buy to let opportunities back home
2014-04-18 07:58:09 [Europe]
British expats have a strong appetite for buying property in their home country as they see it as a sound investment for the future, new research suggests.
Read full article: [British expats seeking buy to let opportunities back home]
 
Development land prices in England up 7.3% year on year
2014-04-17 15:02:54 [Europe]
Development land prices in England increased by 0.8% in the first three months of the year, to take the annual increase in values to 7.3%, according to the latest data from property firm Knight FrankRead full article: [Development land prices in England up 7.3% year on year]
 
UK mortgage loans up 4% in March, but consumers want more access and choice
2014-04-17 11:49:59 [Europe]
Gross mortgage lending in the UK was an estimated £15.4 billion in March, some 4% higher than February, according to the latest figures from the Council of Mortgage Lenders.Read full article: [UK mortgage loans up 4% in March, but consumers want more access and choice]
 
Developers offering discounts to new home buyers in Hong Kong
2014-04-17 10:23:25 [Europe]
Developers in Hong Kong are continuing to launch new residential projects with incentives which are proving attractive to buyers, especially first time buyers, according to the latest monthly residential report.Read full article: [Developers offering discounts to new home buyers in Hong Kong]
 
UK asking prices up 8.4% year on year, latest index shows
2014-04-17 09:20:39 [Europe]
Home asking prices across England and Wales leapt a further 1.3% over the last month, bringing annual rise to 8.4%, according the latest data from home.co.uk.Read full article: [UK asking prices up 8.4% year on year, latest index shows]
 
UK interest rate rises could affect buy to let landlord expansion, it is claimed
2014-04-17 08:08:25 [Europe]
 UK landlords are being advised to be cautious when considering expanding their buy to let portfolios due to a risk that interest rates could rise sooner than expected.Read full article: [UK interest rate rises could affect buy to let landlord expansion, it is claimed]
 
US sellers advised to spruce up the outside of their properties for a fast sale
2014-04-16 15:39:32 [North America]
Home owners in the United States putting their properties on the market should focus on making them look good on the outside rather than undertake large scale renovations, a survey has found.Read full article: [US sellers advised to spruce up the outside of their properties for a fast sale]
 
More Rent to Build projects announced by UK housing minister
2014-04-16 14:37:12 [Europe]
The second phase of the UK’s Build to Rent scheme is set to deliver up to 6,500 new home for private rent in England, housing minister Kris Hopkins has announcedRead full article: [More Rent to Build projects announced by UK housing minister]
 
Help to Buy is boosting property market recovery in Scotland, latest index shows
2014-04-16 12:34:51 [Europe]
The government’s Help to buy scheme is helping the Scottish property market recovery with average prices up 3.6% in the last 12 months, according to the latest index.Read full article: [Help to Buy is boosting property market recovery in Scotland, latest index shows]
 
Survey shows confidence in UK housing market increasing
2014-04-16 11:32:27 [Europe]
Confidence in the UK housing market is leading to an increase in positive selling sentiment, with 56% thinking it is a good time to sell in the next 12 months, according to a new survey.Read full article: [Survey shows confidence in UK housing market increasing]
 
New guide launched for new mortgage regime in the UK
2014-04-16 10:27:48 [Europe]
The UK’s financial watchdog has launched a new guide for consumers to explain the changes in the mortgage market that come into force later this month.Read full article: [New guide launched for new mortgage regime in the UK]
 
Foreign buyers attracted to Corfu and some Balkan property markets, says new report
2014-04-15 12:13:30 [Europe]
Corfu’s position as a high end recreation destination means that its property market has proved resilient when set against the markets of mainland Greece, according to a new analysis from real estate firm Savills.Read full article: [Foreign buyers attracted to Corfu and some Balkan property markets, says new report]
 
Govt help announced for locally planned garden cities in the UK
2014-04-15 11:20:25 [Europe]
A new prospectus which will help communities work up proposals for ambitious new developments, which are locally led, include at least 15,000 homes and have the backing of existing residents, has been unveiled.Read full article: [Govt help announced for locally planned garden cities in the UK]
 
UK house prices up 9.1% in a year, latest ONS data shows
2014-04-15 09:42:43 [Europe]
UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014, according to the latest data from the Office for National Statistics.Read full article: [UK house prices up 9.1% in a year, latest ONS data shows]
 
Prime property price growth in UK varies according to location, latest index shows
2014-04-15 09:07:40 [Europe]
Prime country house prices in the UK increased by 1.9% in the first quarter of this year and are 4.5% higher on an annual basis, according to the latest index.Read full article: [Prime property price growth in UK varies according to location, latest index shows]
 
Average property prices in London's Canary Wharf soar due to high demand
2014-04-15 07:51:10 [Europe]
Strong demand has forced average pricing in Canary Wharf up to around £750 per square foot, with some of the best units at new schemes pushing towards £1,100 per square foot, a new analysis shows.Read full article: [Average property prices in London's Canary Wharf soar due to high demand]
 
Average farm land prices in England rise above £7,000 an acre
2014-04-14 12:34:42 [Europe]
The average value of English farmland rose by almost 6.5% in the first three months of 2014 to £7,324 per acre, the first time prices have broken the £7,000 an acre barrier.Read full article: [Average farm land prices in England rise above £7,000 an acre]
 
House prices in the EU down 0.1% in last quarter of 2013
2014-04-14 09:54:03 [Europe]
House prices in the European Union fell by 0.1% in the fourth quarter of 2013 compared with the same quarter the previous year, according to the latest index from Eurostat.Read full article: [House prices in the EU down 0.1% in last quarter of 2013]
 
Surveyors warning over risk of housing market crash in UK hot spots
2014-04-14 08:46:55 [Europe]
It is becoming increasingly important for chartered surveyors to protect UK home buyers and lenders against the mounting risk of a repeat housing market crash, it is claimed.Read full article: [Surveyors warning over risk of housing market crash in UK hot spots]
 
Property price growth in London spreading across the south of the UK
2014-04-14 08:07:45 [Europe]
Property price growth in London is pushing up values in all southern regions of the UK to new price records but northern areas are around 6% behind, according to the latest Rightmove market report.Read full article: [Property price growth in London spreading across the south of the UK]
 
UK taxman issues new guidance for estate agents re money laundering
2014-04-12 08:33:05 [Europe]
 The UK’s tax man has published new guidance to help estate agency businesses stay on the right side of new money laundering regulations.Read full article: [UK taxman issues new guidance for estate agents re money laundering]
 
UK government releases new compensation packages for home owners along rail route
2014-04-11 12:24:32 [Europe]
Details of a new discretionary compensation package for those owning property affected by the HS2 rail link between London and Birmingham have been released by the UK government.Read full article: [UK government releases new compensation packages for home owners along rail route]
 
House prices up 6% in New Zealand to new record high, latest monthly index shows
2014-04-11 11:13:44 [Australasia]
Median house prices in New Zealand have reached a new high of $440,000 and sales have also increased, according to the latest index from the Real Estate Institute of New Zealand.Read full article: [House prices up 6% in New Zealand to new record high, latest monthly index shows]
 
Increased court fees in UK set to hit landlords seeking repossession
2014-04-11 10:27:38 [Europe]
UK government plans to increase court fees means that landlords seeking repossession of their properties face higher costs and has been branded as extortionate.Read full article: [Increased court fees in UK set to hit landlords seeking repossession]
 
UK Home lending fell slightly in February, but still strong year on year, says CML
2014-04-11 08:21:28 [Europe]
Mortgage lending in the UK dipped in February but this was in line with expected seasonal factors and year on year growth remains strong, according to the Council of Mortgage Lenders.Read full article: [UK Home lending fell slightly in February, but still strong year on year, says CML]
 
Golden visa schemes attracting foreign buyers to Spain and Portugal
2014-04-10 13:21:49 [Europe]
Real estate investor visas in Spain and Portugal have helped to revive some second home markets, according to a new analysis of their property markets.Read full article: [Golden visa schemes attracting foreign buyers to Spain and Portugal]
 



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