UK housing market activity has “remained subdued”, the Nationwide says, as annual house price growth slowed for the seventh month in a row. Annual price growth fell to 5.1% in March, down from 5.7% the month before. House prices edged up 0.1% in March itself, the building society said, taking the average price to £189,454. […]
A third of all house sales are now made to first-time buyers, a new report has found, suggesting the UK’s housing market is becoming less hostile towards those attempting to climb the first rung on the property ladder. The report, by the National Association of Estate Agents (NAEA), said 30 per cent of all house […]
Dubai: All talk of demand for property in Dubai being in terminal decline is greatly exaggerated, industry insiders said on the first day of the International Property Show. “In the first quarter of this year, Damac Properties is looking at somewhere north of Dh2.7 billion in off-plan sales — and that’s similar to what we […]
WASHINGTON (Reuters) – Contracts to purchase previously owned U.S. homes rose to their highest level in 1-1/2 years in February, a sign the lackluster recovery in the U.S. housing market could be accelerating. The National Association of Realtors on Monday said its pending home sales index rose 3.1 percent last month. Economists polled by Reuters […]
A year on since the extension of Crossrail was confirmed to come to Reading, we look at what it is due to do for town centre house prices Property prices are forecast to increase nearly 43 per cent in Reading by the end of 2020 thanks to Crossrail . One year on since the government […]
February CSO figures show residential prices down 0.4% nationally, 0.7% in Dublin Residential property prices fell by 0.4 per cent nationally last month, with the decline in Dublin rising to 0.7 per cent, according to the latest official figures.The Central Statistics Office (CSO) results show more than 2 per cent has been wiped off the […]
Slumping oil and improving U.S. economy could boost housing markets across much of province, economist predicts. Toronto’s record house prices could soar a further 17 per cent by the end of 2017 as the lack of supply in the face of unrelenting demand continues to drive prices far beyond the rate of inflation, says the […]
The Reserve Bank has issued a fresh warning about the rising risk of a significant fall in house prices if “speculative demand” fueled by cheap credit continues to drive the property market. With investor buyers powering a house price boom in NSW especially, the central bank on Wednesday said the risks in residential and commercial […]
If someone would review the number of buildings that have collapsed in Kenya within the last few years, he or she would conclude that Kenya is within a strong earthquake radius. Surprisingly, Kenya has no serious earthquake history. In fact, no earthquake has been recorded in the last few years, and if any, none could […]
International property group Savills has reported record results following a wave of recovery that has boosted some of the world’s major and emerging real estate markets, but warned of a “hiatus” in the UK housing sector ahead of May’s election. Savills’ management team led by Jeremy Helsby, said the company had broken through the £1bn […]
