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News related to real estate

Property sales unchanged in Canada in November and prices steady
2014-12-19 15:48:17 [North America]
Residential property sales in Canada were unchanged in November compared with the previous month and are 2.7% above a year ago, according to the latest data.Read full article: [Property sales unchanged in Canada in November and prices steady]
 
House prices to rise by 3% in 2015 and rents by 2% says RICS
2014-12-19 14:42:35 [Europe]
House prices in the UK will see an average increase of 3% in 2015 bolstered by recent changes to Stamp Duty, continuing demand and lack of supply of property, it is predicted.Read full article: [House prices to rise by 3% in 2015 and rents by 2% says RICS]
 
Property price growth in London now behind five other UK cities
2014-12-19 12:33:18 [Europe]
Property growth in London now lags behind five other UK cities as the capital’s house price growth has dropped by two thirds in just three months.Read full article: [Property price growth in London now behind five other UK cities]
 
A year of two halves for the prime central London lettings market
2014-12-18 12:43:12 [Europe]
It has been a year of two halves in the lettings market in prime central London with the supply and demand pendulum swinging towards supply in the latter half of the year, according to a new report.Read full article: [A year of two halves for the prime central London lettings market]
 
Rest of UK expected to catch up with London and South East price growth in 2015
2014-12-18 10:38:16 [Europe]
In 2015 UK regions outside of London and the South East of England will catch up on the property price growth that has topped the market this year, according to agents.
Read full article: [Rest of UK expected to catch up with London and South East price growth in 2015]
 
UK asking prices down 3.3% in December, latest Rightmove index shows
2014-12-17 14:52:17 [Europe]
This year is ending with the largest ever monthly fall in the price of property for sale in the UK with the average asking price down by 3.3%, the latest index figures show.Read full article: [UK asking prices down 3.3% in December, latest Rightmove index shows]
 
Scottish property prices bounce back after dip due to referendum vote
2014-12-17 07:38:18 [Europe]
After a cooling in the market due to the referendum vote on independence, house prices in Scotland have now recovered, according to the latest index figures.Read full article: [Scottish property prices bounce back after dip due to referendum vote]
 
UK house prices up 10.4% annually, but inflated considerably by growth in London
2014-12-16 11:41:31 [Europe]
UK house prices increased by 10.4% in the year to October 2014, down from 12.1% in the year to September 2014, the latest index from the Office of National Statistics shows.Read full article: [UK house prices up 10.4% annually, but inflated considerably by growth in London]
 
Consumer confidence in UK property price growth falling
2014-12-16 10:04:25 [Europe]
Consumer confidence in the outlook for UK house prices has continued to fall from its peak in July 2014, according to the latest Halifax Housing Market Confidence Tracker. Read full article: [Consumer confidence in UK property price growth falling]
 
Residential property cash sales in the US falling, latest data shows
2014-12-15 18:09:00 [North America]
Cash sales in the United States made up 34.8% of total home transactions in September 2014, down from 37.2% a year ago, according to the latest data to be published.Read full article: [Residential property cash sales in the US falling, latest data shows]
 
UK asking prices down apart from in Scotland, latest index shows
2014-12-15 17:52:35 [Europe]
Asking prices have fallen across the UK apart from Scotland, month on month, according to the latest data from the Home.co.uk index, but are expected to growth by 7% in 2015.Read full article: [UK asking prices down apart from in Scotland, latest index shows]
 
Most UK regions see strong annual rental market growth
2014-12-15 08:39:23 [Europe]
Nine out of 12 UK regions saw rental price rise in November compared to the same month last year, according to the latest rental index.Read full article: [Most UK regions see strong annual rental market growth]
 
Belgrave Square named as having the most expensive homes in England and Wales
2014-12-12 11:40:53 [Europe]
  The streets of Belgravia and Knightsbridge in central London are the most expensive locations in England and Wales to buy a property, according to new research.Read full article: [Belgrave Square named as having the most expensive homes in England and Wales]
 
Renting costs twice as much as owning a home in US cities
2014-12-11 16:40:16 [North America]
People renting a home in the United States can expect to pay twice as much of their incomes on their rent than an owner on mortgage payments, new research has found.Read full article: [Renting costs twice as much as owning a home in US cities]
 
London prime property rent rises set to outpace house growth in 2015
2014-12-11 10:47:54 [Europe]
London prime property prices are expected to grow by 3% to 5% in 2015 but strong tenant demand is expected to boost rental prices by 10% over the next year, the latest forecast suggests.
Read full article: [London prime property rent rises set to outpace house growth in 2015]
 
Luxury markets face challenges in 2015 with New York and Sydney tipped for growth
2014-12-10 16:29:44 [Global News]
Luxury residential markets face a diverse range of challenges and opportunities in 2015 with New York and Sydney predicted to lead the price growth but other key cities seeing values fall.Read full article: [Luxury markets face challenges in 2015 with New York and Sydney tipped for growth]
 
UK house prices predicted to rise by 6% in first quarter of 2015
2014-12-10 16:00:46 [Europe]
UK house prices are predicted to rise by up to 6% in the first quarter of 2015 but then start slowing as the May general election approaches, according to one forecast.Read full article: [UK house prices predicted to rise by 6% in first quarter of 2015]
 
Spanish properties prices up 1.15% in third quarter
2014-12-09 15:47:31 [Europe]
Residential property prices in Spain rose 1.15% in the third quarter of 2014 compared to the same period last year, according to the latest index published by the Property Registrars.Read full article: [Spanish properties prices up 1.15% in third quarter]
 
UK viewers take just 38 minutes on average to decide to buy a property
2014-12-09 10:50:43 [Europe]
On average it takes just 38 minutes to make a decision to buy a home and prospective buyers no longer spend as much time viewing, new research has found.Read full article: [UK viewers take just 38 minutes on average to decide to buy a property]
 
Average home prices in areas of high employment rise faster, research has found
2014-12-09 09:10:34 [Europe]
Average house prices in the 20 top performing employment areas in the UK have risen by 45% over the past decade, more than double national average of 21%, new research has found.Read full article: [Average home prices in areas of high employment rise faster, research has found]
 
Home value growth rate in key Oz cities continues to moderate
2014-12-08 16:29:50 [Australasia]
Property values across Australia’s capital cities fell by 0.3% in November compared with the previous months as growth continues to slow, according to the latest index.Read full article: [Home value growth rate in key Oz cities continues to moderate]
 
Paris office market see strong year despite poor economic conditions
2014-12-08 09:18:03 [Europe]
Despite the difficult economic background in France, the Paris office market has turned in a strong performance over the first nine months of this year, according to a new report from Knight Frank.Read full article: [Paris office market see strong year despite poor economic conditions]
 
Latest index confirms that UK house price growth continues to moderate
2014-12-05 17:46:41 [Europe]
UK house prices in the three months to the end of November were 0.7% higher than in the previous three months, according to the latest quarterly figures from the Halifax.Read full article: [Latest index confirms that UK house price growth continues to moderate]
 
Private rental sector identified as a growth area in UK property markets
2014-12-04 10:06:39 [Europe]
The changing lifestyles of people aged under 35 and a shift in sentiment towards property ownership are set to contribute to a surge in the UK’s private rental sector, it is claimed.Read full article: [Private rental sector identified as a growth area in UK property markets]
 
Real estate market in Turkey expected to be healthy in 2015
2014-12-03 17:48:01 [Europe]
Rising foreign demand, record levels of tourism and healthy economic conditions throughout 2014 mean Turkey should expect further growth in its real estate market in 2015, it is claimed.Read full article: [Real estate market in Turkey expected to be healthy in 2015]
 
UK residential property tax changes widely welcomed
2014-12-03 17:28:27 [Europe]
Sweeping reforms to the Stamp Duty Land Tax (SDLT) in the UK have been announced which take effect immediately and will mean many people, especially first time buyers, will pay less property tax.Read full article: [UK residential property tax changes widely welcomed]
 
Surge in Chinese real estate investment in key global cities
2014-12-03 16:59:38 [Global News]
Chinese investment in global property is set to hit US$15 billion by the end of the year thanks to a surge in overseas real estate investment.Read full article: [Surge in Chinese real estate investment in key global cities]
 
Home price growth in the US continues to moderate
2014-12-02 16:33:03 [North America]
National home price gains in the United States fell to 6.7% year on year and 1% quarter on quarter in November, according to the latest index from Clear Capital.Read full article: [Home price growth in the US continues to moderate]
 
More transparency and communication needed in property leasehold sector
2014-12-02 13:46:32 [Europe]
Property managers should not be subject to more formal regulations by the government but there needs to be more transparency and communication in the leasehold market, it is claimed.Read full article: [More transparency and communication needed in property leasehold sector]
 
Faulty boilers are top cause of complaint for UK tenants
2014-12-02 10:28:11 [Europe]
The top cause of complaint from tenants in the UK is a faulty boiler, with nearly a third of tenants suffering from lack of hot water and/or heating at some time during their tenancy.Read full article: [Faulty boilers are top cause of complaint for UK tenants]
 
Political uncertainty over 2015 election hits central London prime property market
2014-12-01 13:21:06 [Europe]
Demand in the prime central London residential property market has become more restrained against a backdrop of heightened uncertainty due to next year’s general election, according to a new analysis.
Read full article: [Political uncertainty over 2015 election hits central London prime property market]
 
Annual rate of UK property price growth down for third month in a row
2014-12-01 09:14:53 [Europe]
UK house prices increased by 0.3% in October but the annual pace of growth has slowed to 9%, according to the latest index from the Nationwide Building Society.Read full article: [Annual rate of UK property price growth down for third month in a row]
 
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]
 



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