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News related to real estate

Waterfront homes in the US command massive premiums, research shows
2014-09-17 15:04:52 [North America]
A typical oceanfront or lakefront family home in the United States is worth more than double the median value of all homes, and in some locations 10 or more times, new research shows.Read full article: [Waterfront homes in the US command massive premiums, research shows]
 
UK house prices still rising but could be affected by Scot vote and 2015 election
2014-09-17 05:52:41 [Europe]
House prices continues to rise across the UK in August but the vote in Scotland on independence is likely to have an effect along with next year’s general election.Read full article: [UK house prices still rising but could be affected by Scot vote and 2015 election]
 
Sales and prices in Canada continue upward but with considerable local variations
2014-09-16 14:58:50 [North America]
Home sales in Canada increased by almost 2% in August compared with the previous month and prices were up 5.3% year on year, according to the latest index from the Canadian Real Estate Association (CREA).Read full article: [Sales and prices in Canada continue upward but with considerable local variations]
 
Difference between asking and selling prices in Scotland narrows
2014-09-16 13:12:29 [Europe]
Average asking prices across Scotland increased by £2,000 and the average selling price increased by over £8,500 to £162,122 in the second quarter of the year, narrowing the gap between the two to less than 1%.Read full article: [Difference between asking and selling prices in Scotland narrows]
 
UK house prices up 11.7% year on year and national index reaches new record
2014-09-16 11:15:36 [Europe]
UK house prices increased by 11.7% in the year to July 2014, up from 10.2% in the year to June 2014, according to the latest figures from the Office of National Statistics.Read full article: [UK house prices up 11.7% year on year and national index reaches new record]
 
Asking price growth in UK slowing, latest index shows
2014-09-16 10:12:23 [Europe]
UK asking prices increased by 0.2% in August, the eighth month in a row that they have moved upwards, the latest index shows.Read full article: [Asking price growth in UK slowing, latest index shows]
 
Number of London homes worth over a million set to rise by 47% by 2018
2014-09-16 08:24:23 [Europe]
The number of London house sales breaking the £1 million price barrier is expected to rise by 47% by 2018, according to new analysis from international property adviser, Savills.Read full article: [Number of London homes worth over a million set to rise by 47% by 2018]
 
Number of foreign buyers in Paris region rises as French look to Spain
2014-09-15 13:53:55 [Europe]
Foreign buyers are increasingly snapping up properties in and around Paris with new figures showing they account for almost one in 10 sales.Read full article: [Number of foreign buyers in Paris region rises as French look to Spain]
 
UK home rental price growth eases, latest index shows
2014-09-15 08:34:20 [Europe]
Rental price growth across the UK eased in August, with every region seeing smaller rent increases than in previous months, according to the latest index.Read full article: [UK home rental price growth eases, latest index shows]
 
House price momentum slows right down in the UK, says RICS index
2014-09-15 08:08:46 [Europe]
House price momentum in the UK has slowed to the same level it was a year ago and new buyer enquiries fell for the second consecutive month, according to the latest index from the Royal Institution of Chartered Surveyors.Read full article: [House price momentum slows right down in the UK, says RICS index]
 
US foreclosure figures tailing off, latest data suggests
2014-09-12 12:37:21 [Europe]
The foreclosure crisis is over in the United States but the distress caused by the housing bust is still lingering, according to the latest report from housing data firm RealtyTrac.Read full article: [US foreclosure figures tailing off, latest data suggests]
 
London and South East skewing average house price figures, latest index shows
2014-09-12 11:34:45 [Europe]
The average property price in England and Wales has reached £274,302 but this drops to £185,496 if London and the South East are removed, the latest monthly index shows.Read full article: [London and South East skewing average house price figures, latest index shows]
 
Activity in prime central London property market stable, says latest monthly report
2014-09-11 15:36:07 [Europe]
Activity across all prime price ranges in central London are stable although sales at the top end of the market are down, according to the latest estate agent research.Read full article: [Activity in prime central London property market stable, says latest monthly report]
 
More than 50% of UK tenants have problems with landlords and letting agents
2014-09-11 10:27:49 [Europe]
Over half of UK tenants have problems with landlords and letting agents and two thirds don’t consider if their letting agent or landlord is licensed, new research has found.Read full article: [More than 50% of UK tenants have problems with landlords and letting agents]
 
Almost half of UK property owners have homes too big for their needs, research sugg
2014-09-11 09:25:11 [Europe]
Across the UK, 47% of privately owned households are Tumbleweeders who occupy homes that are too large for their needs, according to new research.Read full article: [Almost half of UK property owners have homes too big for their needs, research sugg]
 
Australian new home approvals at high levels, but uneven across states
2014-09-10 14:42:35 [Australasia]
New home approvals in Australia bounced back in July and remain at very high levels by historic standards, according to the latest figures from the Australian Bureau of Statistics (ABS).Read full article: [Australian new home approvals at high levels, but uneven across states]
 
Prime central London rental market in recovery mode
2014-09-10 12:39:49 [Europe]
The prime central London rental market continued its recovery in August as uncertainty surrounding next May’s general election turned more prospective buyers into tenants, a new report suggests.Read full article: [Prime central London rental market in recovery mode]
 
Almost a third of families move house to get kids into a good school
2014-09-10 10:37:22 [Europe]
Nearly a third of parents have moved house in England to be in the catchment area for a good school, new research shows.Read full article: [Almost a third of families move house to get kids into a good school]
 
UK house prices up 3% on quarterly terms but prices growth is easing
2014-09-09 09:31:45 [Europe]
UK house prices were 3% higher in the three month period from June to August than in the three previous months, according to the latest index from the Halifax.Read full article: [UK house prices up 3% on quarterly terms but prices growth is easing]
 
Thousands of new homes in England stalled during housing crash get go ahead
2014-09-09 08:08:39 [Europe]
Work on nearly 13,000 homes stalled in England by the 2008 housing crash are set to be restarted with half a billion of government investment.Read full article: [Thousands of new homes in England stalled during housing crash get go ahead]
 
Prime property prices and sales in central London up in three months to August
2014-09-08 15:19:05 [Europe]
The average sale price of prime property in central London between June and August 2014 was £4.7 million, up from £3.7 million in the preceding three month period, the latest data shows.Read full article: [Prime property prices and sales in central London up in three months to August]
 
Survey suggests location is still vital when buying a home in the UK
2014-09-08 10:37:17 [Europe]
Everyone has heard of the phrase location, location, location, but new research reinforces that when it comes to selling a property it is indeed true.Read full article: [Survey suggests location is still vital when buying a home in the UK]
 
UK lettings agents have less than a month to get on redress schemes
2014-09-08 09:01:36 [Europe]
Letting agents in the UK are being urged to meet the October deadline to register with an approved redress scheme.Read full article: [UK lettings agents have less than a month to get on redress schemes]
 
Northern cities are more affordable for young professionals buying property
2014-09-05 15:44:38 [Europe]
Northern cities in the UK offer young professionals a much greater chance of getting on the housing ladder despite lower starting salaries, according to research from independent property firm Knight Frank.Read full article: [Northern cities are more affordable for young professionals buying property]
 
Strong economic growth in the US set to boost commercial real estate sectors
2014-09-05 15:24:40 [North America]
The strong rebound in economic growth in the United States during the second quarter of this year and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, it is claimed.Read full article: [Strong economic growth in the US set to boost commercial real estate sectors]
 
Pending homes sales in the US rebound with all regions seeing gains
2014-09-04 17:16:27 [North America]
Pending home sales in the United States rebounded in July and have now risen in four of the last five months, according to the latest data from the National Association of Realtors.Read full article: [Pending homes sales in the US rebound with all regions seeing gains]
 
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]
 
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]
 



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