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News related to real estate

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]
 
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]
 
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]
 
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]
 
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]
 
UK house price growth exceeding expectations with strong midterm rises predicted
2014-08-27 14:47:08 [Europe]
Average UK house price growth has exceeded all expectations over the past year, leaving some markets with reduced capacity for further mid term growth, according to a new report.Read full article: [UK house price growth exceeding expectations with strong midterm rises predicted]
 
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]
 
First time buyers in Greater London borrow 27% quarter on quarter
2014-08-27 13:52:19 [Europe]
First time buyers in Greater London borrowed 27% more in the second quarter of this year than they did a year ago, according to the latest figures from the Council of Mortgage Lenders.Read full article: [First time buyers in Greater London borrow 27% quarter on quarter]
 
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]
 
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]
 
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]
 
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]
 
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]
 
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]
 
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]
 
Average property prices in Jersey up 5% quarter on quarter
2014-08-19 08:07:54 [Europe]
The average price of a typical three bedroom house in Jersey increased to the highest it has been for three years in the second quarter of 2014, the latest official data shows.
Read full article: [Average property prices in Jersey up 5% quarter on quarter]
 
Only half of new UK home buyers understand new mortgage rules, research shows
2014-08-18 15:23:14 [Europe]
Only half of aspiring home owners in the UK are aware of the new Mortgage Market Review rules that were introduced in April, according to new research.Read full article: [Only half of new UK home buyers understand new mortgage rules, research shows]
 
Higher fees and mortgage cap hitting prime property price growth in Dubai
2014-08-18 12:11:02 [Europe]
Higher fees and the recently introduced mortgage cap are having an effect on the prime property market in Dubai with price growth weakening.Read full article: [Higher fees and mortgage cap hitting prime property price growth in Dubai]
 
House price growth continues to moderate in Australian capital cities
2014-08-15 10:30:19 [Australasia]
Residential property price growth in Australia has moderated with values in capital cities up just 1.7% in the second the second quarter of the year.Read full article: [House price growth continues to moderate in Australian capital cities]
 
Strong demand from home and abroad fuelling Miami real estate market
2014-08-14 17:03:21 [North America]
The Miami residential real estate market continued to see rising prices in the second quarter of 2014 due to strong demand, according to the latest report from estate agents.Read full article: [Strong demand from home and abroad fuelling Miami real estate market]
 
UK asking price growth slowing, latest data shows
2014-08-14 13:01:28 [Europe]
Much has been written about the property market in prime central London cooling but there are now signs that this is spreading to other parts of the country as asking prices begin falling.Read full article: [UK asking price growth slowing, latest data shows]
 
UK housing market pauses as buyer demand slows
2014-08-14 08:28:12 [Europe]
Demand for new homes in the UK fell slightly in July, the first monthly decline since January 2013, according to the latest residential market survey from the Royal Institution of Chartered Surveyors.Read full article: [UK housing market pauses as buyer demand slows]
 
Prime central London flat sales down 11% year on year
2014-08-13 16:51:06 [Europe]
Flat sales in the prime central London property market are down 11% year on year but house transactions are up 20%, the latest market report shows.Read full article: [Prime central London flat sales down 11% year on year]
 
Property market in Cyprus showing shoots of recovery
2014-08-13 14:04:51 [Europe]
There are signs that the property market in Cyprus is recovering from the downturn which saw sales plunge and prices fall considerably after the island has to seek financial back up from the European Union.
Read full article: [Property market in Cyprus showing shoots of recovery]
 
First time buyers boosting property growth in UK, according to surveyors
2014-08-13 11:11:40 [Europe]
First time buyers have boosted annual growth in the UK’s housing market activity despite a seasonally quiet month of July, according to the latest research from chartered surveyors. Read full article: [First time buyers boosting property growth in UK, according to surveyors]
 
RICS to extend its role in promoting real estate professionalism in China
2014-08-12 10:47:37 [Asia]
The Royal Institution of Chartered Surveyors has signed a memorandum of understanding with a leading real estate association in China which is set to pave the way for higher standards in the country.Read full article: [RICS to extend its role in promoting real estate professionalism in China]
 
New compulsory property valuation programme launched in Cayman
2014-08-11 10:56:51 [North America]
A new compulsory valuer registration programme for real estate in the Cayman Islands has been introduced with the aim of providing more confidence in the property market.Read full article: [New compulsory property valuation programme launched in Cayman]
 
Home improvements proving popular but 10% end up botched, survey suggests
2014-08-11 08:54:33 [Europe]
One in 10 home owners in the UK have had a DIY or large scale home improvement project go wrong, with an average repair cost of £3,200, new research shows.Read full article: [Home improvements proving popular but 10% end up botched, survey suggests]
 
Forthcoming UK election already affecting central London prime property as sales fall
2014-08-08 16:17:12 [Europe]
There are signs of uncertainty in central London’s prime property market but the outlook for residential prices is still good.Read full article: [Forthcoming UK election already affecting central London prime property as sales fall]
 
Price growth slowing in the US amid concerns about longer term sustainability
2014-08-08 10:26:45 [North America]
Year on year property price growth in the United States fell from 9% to 8.4% in July, raising concerns about the market’s ability to maintain long term growth.Read full article: [Price growth slowing in the US amid concerns about longer term sustainability]
 
Sales in England and Wales reach seven year high, latest index shows
2014-08-08 08:26:12 [Europe]
House sales in England and Wales have recovered to the highest level for seven years and average prices are up 9.9%, according to the latest index report to be published.Read full article: [Sales in England and Wales reach seven year high, latest index shows]
 
Scotland sees median house prices up 8% year on year
2014-08-07 16:56:04 [Europe]
Median house prices have increased by 4.2% to £187,500 across England and Wales year on year but in Scotland they are up 8% to £135,000 in the same period, the latest published data shows.
Read full article: [Scotland sees median house prices up 8% year on year]
 
Causes for concern identified in property management sector in England and Wales
2014-08-07 16:18:32 [Europe]
The Competition and Markets Authority (CMA) has issued an update on its market study into the provision of residential property management services in England and Wales.Read full article: [Causes for concern identified in property management sector in England and Wales]
 
Property values, tourism growth and easy air access boosting real estate in Turkey
2014-08-07 09:12:04 [Europe]
Rising property values, booming tourist numbers and ever improving air access is making Turkey more attractive to foreign real estate investors, it is claimed.Read full article: [Property values, tourism growth and easy air access boosting real estate in Turkey]
 
Australia has two tier property price market as growth continues in Sydney and Melbourne
2014-08-07 08:09:43 [Australasia]
Residential property prices in Australia’s capital cities increased by 1.1% in the second quarter of 2014 with Sydney and Melbourne continuing to drive a two tier housing market in the country.Read full article: [Australia has two tier property price market as growth continues in Sydney and Melbourne]
 
Foreclosed homes in the US down 35% in June, latest data shows
2014-08-06 12:57:37 [North America]
The number of foreclosed homes in the United States on the market fell by 35% in June, the 17th month in a row when levels have fallen by more than 20%, the latest data shows.
Read full article: [Foreclosed homes in the US down 35% in June, latest data shows]
 
UK property prices still growing, according to latest Halifax index
2014-08-06 10:51:46 [Europe]
Recently data has been suggesting that in the UK property market price growth has been slowing but the latest index shows a month on month rise of 1.4%.
Read full article: [UK property prices still growing, according to latest Halifax index]
 



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