Over the past few years, the surge in house prices have been shocking Londoners from Shepherd’s Bush to Stratford. Many potential buyers have hoped that signs of a slowdown that emerged in the summer would continue, and so it has proved. But what is exactly a slowdown for a market that has been outperforming away […]
When members of the public and MPs have been asked about housing by pollsters, there’s been a striking consistency in their response: Britain is facing a housing crisis – and the solution is more affordable homes. But as the latest government figures show, we’re still falling far short of building the number of new homes […]
New analysis, which has measured the collective worth of all homes in England, Wales and Scotland and cut it by local authority, has revealed which areas have seen rocketing house prices over the past decade and which have been untouched by the 2006/2007 housing market boom and, latterly, the recovery. More than half of Great […]
Foxtons said it expected sales activity to “remain subdued” in the first half of 2015, as concerns about the global economy and the upcoming May general election hold people back from buying. The London-focussed estate agent said lettings increased by 1.7pc last year, but sales volumes were down by 3.7pc. That compares to a 27pc […]
“While the top of the prime central London market may be undergoing a weaker period in the face of the election, London’s suburbs are still experiencing strong growth, fuelled in part by buy to let investors benefitting from a reduction in lenders stress testing…” Sales in London’s prime property market have continued to fall for […]
David Sutton isn’t going to wait for Cristina Kirchner to leave her pretty pink mansion in Buenos Aires. Despite an economic downturn, the Alvear Group’s CEO has been busy building up the new Puerto Madero section of the capital city more than any other developer. Sutton’s company – heavily invested in real estate and tourism […]
According to Cushman & Wakefield, the U.S. has overtaken China to become the world’s largest real estate investment market. With better relative economic growth, QE and low interest rates all continuing to encourage investors to spread their interest in property, U.S. real estate investment performance is set to improve further. The U.S. and Canada in […]
(Bloomberg) — Denmark is monitoring its property market and is ready to act should the country’s efforts to defend its euro peg result in unsustainable house-price distortions. Morten Oestergaard, the country’s economy minister, says such a scenario “may come in the second or third wave” of the economic cycle as the central bank drives its […]
Almost 20 years ago, the property market in Malaysia was hit hard by the Asian financial crisis. House prices contracted between 8 to 9.5 per cent. The government’s stringent policies helped the market to recover. From 2006 onwards, the residential market experienced exponential growth. The property market started weakening from 2009 when the base lending […]
