Portland, Dallas lead monthly gains in home prices Here’s a city-by-city look at U.S. house prices in July, after the S&P/Case-Shiller 20-city composite showed a 0.6% advance. The 20 cities exclude a few major metropolitan areas, including Houston and Philadelphia. City Monthly price change (%) 12-month price change (%) Atlanta 0.8% 5.8% Boston 1.1% […]
House building continues to show some modest signs of improvement. House guarantee registrations, which tend to reflect developer activity, remain on an upward trend, increasing by 89% in the year to July compared to a year earlier. However, this is off a very low base and they remain at very weak levels in absolute terms. […]
House prices in England and Wales rose by 0.5% in August to reach an average of £184,682, according to the latest figures from the Land Registry. Despite the month-on-month increase, the annual rate of growth slowed to 4.2% – its lowest level since November 2013. This was just under half the recent peak of 8.5% […]
A slowdown in population growth, due mainly to a fall in immigration to Australia, will pose further challenges to economic growth and the housing market. The latest Bureau of Statistics estimates, released today, reveal the nation’s population grew to 23.7 million by the end of March, up by around 316,000 people, or 1.4 per cent, […]
Housing demand to gather pace over next seven years and beyond: Knight Frank Prime properties in Dubai are offering rental yields of over 7 per cent, bringing the emirate among cities that offering high income generating assets for investors, according to Knight Frank. “With price falls continuing to outpace rental value declines, initial yields are […]
Dubai’s real estate market is undergoing a correction, but the biggest players within the industry are equipped to weather the slowdown, rating agency Standard & Poor’s has said. In a new report, the agency said that it maintained its forecast that prices in Dubai’s residential property market will drop between 10 to 20 per cent […]
House prices surged further in the June quarter, though growth was concentrated almost entirely in Sydney and Melbourne — which highlights the growing risks in Australia’s biggest asset class. Nationally, the house price-to-income ratio reached a new high, reflecting lower interest rates and elevated investor activity. The current scenario appears unsustainable unless income growth picks […]
Property website Rightmove says ‘property rich’ will gain most as sellers in priciest areas see biggest rises as first-time buyer properties fall. Asking prices for homes coming on to the market in England and Wales rose to a new record high in September, as sellers in the priciest areas tried to cash in on demand […]
The U.S. has been named the hottest market for global residential property in a survey of 14 countries by real estate advisors Savills. The researchers analyzed economic and demographic trends to forecast how much prices in popular cities will rise over the next five years. 1. United States The U.S. housing market has enjoyed three […]
While everything in the global financial system is working against small economies, the existing terrorism fear together with the Kenyan shilling weakening, increase the economic uncertainty in the country. And just when we were about to say that we are getting used to it, a new crisis stemming from China came along. A couple […]
