Headlines
Property sales fell by 1.6% month on month in Canada in October, latest national index shows
National home sales in Canada fell by 1.6% between September and October 2018 and by 3.7% year on year while prices fell by 1.5% to $496,800 on an annual basis, the latest index... Read more
More new homes being built in England but still some way off Government target
Over 222,000 new homes were built in 2017/2018, a rise of 2% to the highest level in all by one of the last 31 years, official figures show. But the data from the Ministry of Housing, Communities... Read more
UK house prices up 3.5% in year to September 2018, official data shows
House prices in the UK increased by 3.5% in the year to September 2018, up from 3.1% in August 2018, taking the average price to £233,000, the latest official data shows. However, over the past... Read more
More lending going to first time buyers, mortgage monitor suggests
First time buyers and existing home owners in the UK capitalised on low rates across the residential property lending market in October, the latest index report suggests. Some 67,011 mortgages... Read more
Cities in the North of England see highest rise in sales
Cities in the North of England are seeing strong property sales growth, with Blackpool, Lancaster and Durham leading the rise in transactions. New research shows that sales increased by 17% in the... Read more
UK
Property sales fell by 1.6% month on month in Canada in October, latest national index shows
National home sales in Canada fell by 1.6% between September and October 2018 and by 3.7% year on year while prices fell by 1.5% to $496,800 on an... Read more
Global News
Australia is ranked as the safest place in the world to invest in property
Australia is the safest country for real estate investment, followed by the United States and the Netherlands while Venezuela is the least safe,... Read more
Asia-Pacific
New home sales show slight uptick in Australia as land prices rise
The downturn in new home sales in the five largest states in Australia paused in September after two months of falls of 3%, the latest report from... Read more
Europe
Property prices in Ireland continue to rise despite Brexit uncertainty
Property prices in Ireland increased at a national level by 8.2% in the year to September 2018, down slightly from 8.9% in the year to August, the... Read more
North America
New analysis reveals hundreds of thousands of US homes at risk from coastal change
Hundreds of thousands of coastal homes in the United States are at risk from the effects of climate change on sea levels in the next three decades,... Read more
Middle East
Sales, prices and rents fall in Abu Dhabi in third quarter of 2018, latest data shows
Property sales in Abu Dhabi fell in the third quarter of 2018 as demand fell while residential prices and rents also declined, according to the... Read more
Sponsored Features
MFS completes £5.2 million bridging loan deal
Mayfair based bridging lender Market Financial Solutions has announced that it has closed a ‘standout’ bridging deal, issuing a £5.2 million loan for an offshore client. A new broker approached MFS on behalf of a client who required funds... Read more
Slough could be a new property investment hotspot
Affordability, improved transport links and a £1 billion regeneration project over the next 15 years are set to combine to make Slough in the South East of England a new property investment hotspot. For example, property price growth could reach... Read more
All change for HMO licensing rules
The British Government has introduced new rules regarding licensing of houses in multiple occupation (HMO) that will mean a substantially higher number of properties will require a licence. From 01 October 2018, an HMO licence will be needed for... Read more
Landlords can combat fees ban costs by exploring alternatives
Following the recent announcement that the Tenants' Fees Bill has started its formal journey through Parliament, a PropTech startup is advising landlords to think seriously about how it could affect their profits. RentalStep says that landlords... Read more
Landlords concerned about tax change could look to short lettings
There are concerns that tax relief changes on buy to let mortgages may leave some UK landlords struggling to maintain their yields. One possible opportunity is for them to look at is increasing their returns via the short lettings market for... Read more
Introduction of reservation agreements for buyers and sellers gaining support
As the estate agency business in England moves towards being more robust with professional qualifications and higher standards being introduced there are calls for compulsory reservation agreements to be introduced. The British Government has... Read more
Rapid modernisation boosts potential of online property auctions
Buying a property at an auction in Britain used to be regarded as a risky business but the whole process is now very much in the 21st century, having undergone a rapid modernisation. Digital innovation means that auctions are no longer a last... Read more
UK bridging lender MFS launches new subsidiary in Singapore
Market Financial Solutions (MFS) has expanded into Singapore, launching a new office and subsidiary company called Market Bridge Solutions (MBS). Having established itself as one of the UK’s leading bridging lenders over the past decade, the... Read more