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News related to real estate

Property prices in England and Wales up 0.1% in Oct, says Land Reg index
2014-11-28 16:23:36 [Europe]
Property prices in England and Wales increased by 0.1% in October, taking the average price to £177,377, according to the latest index from the Land Registry.Read full article: [Property prices in England and Wales up 0.1% in Oct, says Land Reg index]
 
US homes market experiencing a shortage of properties for sale at lower end
2014-11-27 18:43:25 [North America]
More higher priced homes in the US are being put up for sale but there is still a shortage of lower priced homes on the market, new research suggests.Read full article: [US homes market experiencing a shortage of properties for sale at lower end]
 
Next year looking optimistic for British buyers looking for dream home abroad
2014-11-27 09:08:25 [Europe]
Interest from British buyers looking for property abroad in 2014 was driven by the strength of the pound against the euro and this continues to be the case, according to a new outlook report.Read full article: [Next year looking optimistic for British buyers looking for dream home abroad]
 
US commercial real estate activity expected to be on a firmer footing in 2015
2014-11-26 16:55:40 [North America]
Despite a slowing global economy, forward economic momentum in the United States should keep commercial real estate activity on firmer footing, according to the National Association of Realtors.Read full article: [US commercial real estate activity expected to be on a firmer footing in 2015]
 
Scottish rent rises outpace rest of UK
2014-11-26 07:22:20 [Europe]
Scotland is seeing stronger annual rent growth than England and Wales, with average residential rents up 2.2% compared to a year ago, the latest index shows.Read full article: [Scottish rent rises outpace rest of UK]
 
UK house prices to rise between 3% and 5% next year, it is predicted
2014-11-26 07:15:58 [Europe]
A further moderation in house price growth in the UK is likely next year and house prices nationally are expected to increase in a range of 3% to 5% in 2015.
Read full article: [UK house prices to rise between 3% and 5% next year, it is predicted]
 
New build completions in Scotland at their highest level in over three years
2014-11-25 14:26:26 [Europe]
The number of new homes being built in Scotland is at its highest level for over three years, new official figures have shown.Read full article: [New build completions in Scotland at their highest level in over three years]
 
Saudi Arabia set to see continued growth of its residential real estate market
2014-11-25 12:31:28 [Middle East]
Saudi Arabia has seen its residential property market expand rapidly over the last year due to increased demand caused by various government initiatives to boost the housing sector.Read full article: [Saudi Arabia set to see continued growth of its residential real estate market]
 
UK property transactions up 3.2% month on month, HMRC provisional data shows
2014-11-25 10:09:40 [Europe]
The number of seasonally adjusted property transactions in the UK increased by 3.2% in October and are up 4.3% compared to a year ago, according to the latest data published by HMRC.Read full article: [UK property transactions up 3.2% month on month, HMRC provisional data shows]
 
Gazumping is back in the UK with buyers in Brighton most affected
2014-11-25 09:21:21 [Europe]
Brighton leads the way as the gazumping capital of Britain with 34.9% of residents losing out in this way, new research has found.Read full article: [Gazumping is back in the UK with buyers in Brighton most affected]
 
UK house prices back on track after September dip
2014-11-24 11:34:55 [Europe]
UK house prices back on track after falling slightly in September dip with a 1.2% rise in October and up 7% annually, the latest published index shows.Read full article: [UK house prices back on track after September dip]
 
Value of UK housing up 57% in last decade, new research shows
2014-11-24 09:21:34 [Europe]
The current value of the UK's private housing stock is estimated at £5.06 trillion, up from £3.22 trillion in 2004, a rise of 57% over the past decade.Read full article: [Value of UK housing up 57% in last decade, new research shows]
 
Equity release from UK homes going on improvements, study finds
2014-11-21 15:11:44 [Europe]
The main reason home owners in the UK are choosing to unlock money from their property is to fund home improvements, new research suggests.Read full article: [Equity release from UK homes going on improvements, study finds]
 
UK buyers better off than renters after five years, new study has found
2014-11-20 17:08:25 [Europe]
Buyers in the UK are better off than renters within five years on average as a result of equity outstripping the value of savings, new research has found.
Read full article: [UK buyers better off than renters after five years, new study has found]
 
Homes sales up again in Spain in September, most recent data shows
2014-11-20 11:18:17 [Europe]
Home sales in Spain increased again on an annual basis in September after dipping in August, according to the latest figures from the National Institute of StatisticsRead full article: [Homes sales up again in Spain in September, most recent data shows]
 
UK buyers better off than renters after five years, new study has found
2014-11-19 18:21:32 [Europe]
Buyers in the UK are better off than renters within five years on average as a result of equity outstripping the value of savings, new research has found.Read full article: [UK buyers better off than renters after five years, new study has found]
 
Canadian property prices and sales both continue upwards, latest index shows
2014-11-18 16:47:23 [North America]
National home sales in Canada rose by 0.7% from September to October and prices were up 7.1% year on year, according to the latest data from the Canadian Real Estate Association.
Read full article: [Canadian property prices and sales both continue upwards, latest index shows]
 
UK property prices up over 12% year on year, latest data shows
2014-11-18 16:10:29 [Europe]
UK house prices increased by 12.1% in the year to September but there is considerable variation with London driving national prices up, the latest data shows.Read full article: [UK property prices up over 12% year on year, latest data shows]
 
October saw a further dip in property valuations in the UK, latest research shows
2014-11-17 11:37:29 [Europe]
The UK housing market has now cooled following a pick-up in valuations activity in September with October seeing the total number of valuations fall by 20%, new data shows.Read full article: [October saw a further dip in property valuations in the UK, latest research shows]
 
England sees 10% rise in new homes, still way short of demand
2014-11-17 10:33:28 [Europe]
The number of new homes in England increased by 10% from 2012 to 2103, official figures show but experts are still warning that this is not enough to meet demand.Read full article: [England sees 10% rise in new homes, still way short of demand]
 
Global economic outlook and general election impacting on UK property markets
2014-11-17 09:09:51 [Europe]
A more challenging domestic and global economic outlook and political uncertainty in the lead up to next year’s general election are having an impact on property price growth in the UK.Read full article: [Global economic outlook and general election impacting on UK property markets]
 
Median and average sale prices continue upwards in Miami, latest data shows
2014-11-14 12:27:43 [North America]
The performance of the Miami real estate market remains consistent with record activity in 2013 due to strong demand despite increased existing and new construction supply, it is suggested.Read full article: [Median and average sale prices continue upwards in Miami, latest data shows]
 
Property sales in England and Wales surged in October, according to latest index
2014-11-14 10:22:33 [Europe]
The property market in England and Wales has shrugged off the general slowdown as sales surged 9% in October, according to the latest LSL/Acadata house price index.Read full article: [Property sales in England and Wales surged in October, according to latest index]
 
UK home owners over 55 considering downsizing, research suggests
2014-11-14 06:16:42 [Europe]
Some 41% of home owners in the UK over the age of 55 plan to sell their current property and many will downsize, according to new data.Read full article: [UK home owners over 55 considering downsizing, research suggests]
 
US housing market not set to normalise for at least three more years
2014-11-13 12:27:48 [North America]
Real estate professionals in the United States, including economists, agents and investment strategists, don't expect the housing market to normalise for at least three more years.Read full article: [US housing market not set to normalise for at least three more years]
 
Interest rates and property tax concerns impacting prime central London market
2014-11-13 11:10:25 [Europe]
Concerns around interest rates and property taxes have impacted on sentiment within the prime central London residential market, it is claimed.Read full article: [Interest rates and property tax concerns impacting prime central London market]
 
UK house price growth slows as demand slips for fourth month in row says RICS
2014-11-13 10:38:07 [Europe]
House price momentum in the UK continued to slow and new buyer demand tailed off in October, according to the latest Residential Market Survey from the Royal Institution of Chartered Surveyors.Read full article: [UK house price growth slows as demand slips for fourth month in row says RICS]
 
French commercial real estate investment up 10% in third quarter
2014-11-13 08:58:50 [Europe]
Investment volumes in the French commercial real estate market are set to exceed €15 billion, a 10% increase compared to the same period in 2013, according to the latest industry report.Read full article: [French commercial real estate investment up 10% in third quarter]
 
US home prices still rising but rate falls to 5% or below
2014-11-12 17:15:29 [North America]
Home prices in the United States showed continued growth in a majority of metropolitan areas in the third quarter, but all four major regions saw increases at or below 5% from a year ago.Read full article: [US home prices still rising but rate falls to 5% or below]
 
Asking prices in London push up averages in the UK as a whole, latest index shows
2014-11-12 12:43:48 [Europe]
Property asking prices in London are still increasing and have helped push up the average prices of a UK home for the tenth month in a row, according to the latest index figures.Read full article: [Asking prices in London push up averages in the UK as a whole, latest index shows]
 
Research reveals how UK home owners are switching mortgage deals
2014-11-11 15:55:01 [Europe]
Some 18% of borrowers in the UK have changed their mortgage details or come to a new arrangement with their lender in the last three years, new research has found.
Read full article: [Research reveals how UK home owners are switching mortgage deals]
 
UK and US buyers returning to the Italian property market
2014-11-11 14:03:31 [Europe]
UK and US buyers are increasingly seeking properties in Italy as the challenging market conditions and currency shifts makes buying a second home even more attractive.Read full article: [UK and US buyers returning to the Italian property market]
 
Home lending in UK reaches highest quarterly level for seven years
2014-11-11 11:05:11 [Europe]
Lending for home buying in the UK has reached its highest quarterly level since 2007, according to the latest data from the Council of Mortgage Lenders (CML).Read full article: [Home lending in UK reaches highest quarterly level for seven years]
 
New partnership to create 14,000 new homes in London
2014-11-10 17:24:12 [Europe]
A new partnership that is expected to create 14,000 new homes across London and the South East has been welcomed by the Mayor of London's Office.Read full article: [New partnership to create 14,000 new homes in London]
 
Property sales in Canada set to rise by almost 4% this year
2014-11-10 16:57:50 [North America]
Residential property sales in Canada are forecast to increase by 3.8% this year compared to 2013, according to revised figures from the Canadian Real Estate Association (CREA).Read full article: [Property sales in Canada set to rise by almost 4% this year]
 
Research reveals UK landlords experience difficulties accessing buy to let finance
2014-11-10 08:10:25 [Europe]
Three in 10 landlords in the UK plan to look for additional buy to let lending or to re-mortgage in the next three months, yet many may not gain access to finance, it is claimed.Read full article: [Research reveals UK landlords experience difficulties accessing buy to let finance]
 
Research reveals UK estate agents tactics for making a property more sellable
2014-11-07 17:40:13 [Europe]
British estate agents are not always popular but new research reveals the lengths they will go to sell a property by making it more suitable for viewings.Read full article: [Research reveals UK estate agents tactics for making a property more sellable]
 
Distressed properties in the US selling 37% below market value, latest data suggests
2014-11-07 14:00:38 [North America]
Distressed residential properties in the United States sold for a median 37% below market prices in September, according to the latest foreclosure report.Read full article: [Distressed properties in the US selling 37% below market value, latest data suggests]
 
General election set to slow UK prime property market
2014-11-07 10:58:23 [Europe]
The UK’s prime housing market is expected to slow in the run up to next year’s election and resume steady growth thereafter, but a mansion tax could change the outlook dramatically.Read full article: [General election set to slow UK prime property market]
 
Price growth in key global city luxury market weakens, latest index shows
2014-11-07 06:53:31 [Global News]
Luxury residential prices in key global cities weakened in the third quarter of the year with a slower summer season and political and economic events having an impact.Read full article: [Price growth in key global city luxury market weakens, latest index shows]
 
Latest index data confirms slowdown in price growth and sales in UK market
2014-11-06 12:54:23 [Europe]
House prices in the UK are slowing both on a monthly and a quarterly basis, confirming the general decline in value growth, according to the latest index from the Halifax.Read full article: [Latest index data confirms slowdown in price growth and sales in UK market]
 
A property overseas still proving popular among British buyers
2014-11-06 11:14:44 [Europe]
Buying property overseas is proving more popular this year than it was in 2013 although there is evidence of growth levelling off during the third quarter, according to new research.Read full article: [A property overseas still proving popular among British buyers]
 
Research reveals mortgage burden on retirees in the UK
2014-11-06 08:29:52 [Europe]
Four in 10 over 50s in the UK are paying off a mortgage worth on average of £49,000 and a fifth in their 70s are still paying off their mortgage, new research has found.Read full article: [Research reveals mortgage burden on retirees in the UK]
 
Australian housing market weaker outside of larges cities, latest index suggests
2014-11-05 15:15:43 [Australasia]
Residential property values across Australia’s capital cities increased by 1% over the month of October, according to the latest RP Data CoreLogic index.Read full article: [Australian housing market weaker outside of larges cities, latest index suggests]
 
Prime central London rental values up for eighth month in a row
2014-11-05 08:13:00 [Europe]
Rental values in prime central London rose for the eighth successive month in October, recovering to a level last seen two years ago, the latest index report shows.Read full article: [Prime central London rental values up for eighth month in a row]
 
IMF no longer concerned about property price bubble in Dubai
2014-11-04 14:37:44 [Europe]
The International Monetary Fund (IMF) has announced that it is no longer concerned about a property price bubble in Dubai.Read full article: [IMF no longer concerned about property price bubble in Dubai]
 
House sales falling in Canada, latest data shows
2014-11-03 16:07:29 [North America]
House sales in Canada are falling nationally, seeing the first monthly fall since the beginning of the year, according to the latest data from the Canadian Real Estate Association (CREA).Read full article: [House sales falling in Canada, latest data shows]
 
Scottish house prices at their highest since records began
2014-11-03 12:11:08 [Europe]
Scottish houses prices are at their highest level since records began, according to official statistics published by Registers of Scotland (RoS).Read full article: [Scottish house prices at their highest since records began]
 
Some 20% of house seekers in UK would consider moving abroad to find affordable home
2014-11-03 09:10:16 [Europe]
A fifth of disillusioned house hunters in the UK would consider leaving the country due to the cost involved in getting on the housing ladder.Read full article: [Some 20% of house seekers in UK would consider moving abroad to find affordable home]
 
Up and coming Istanbul suburbs proving popular with Gulf property investors
2014-10-31 13:40:45 [Global News]
Two up and coming districts on Istanbul's European side have become hot spots for Gulf investors purchasing second homes in 2014, it is claimed.Read full article: [Up and coming Istanbul suburbs proving popular with Gulf property investors]
 



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