18 September: July Marks Fifth Month Of Consecutive Rises House prices rise 2.2% in the year to July Fifth consecutive month of annual increases Average home now worth £290,000 Annual house price inflation is running at 2.2% in the year to July, according to the latest data released by the Office for National Statistics (ONS), writes […]
In the first quarter of 2024, house prices in the EU increased by 0.4% and rents by 0.9% compared with the fourth quarter of 2023. Compared with the first quarter of 2023, house prices in the EU went up by 1.3%, while rents increased by 3.0%. This information comes from data on house prices and rents published by Eurostat today. This […]
The Greek economy has been boosted in recent years by the steady rise of the construction sector and the real estate market as a whole. With Foreign Direct Investment (FDI) related to real estate in Greece, having exceeded 2 billion euros in 2022-2023, compared to an average of 0.4 billion euros in the previous decade, […]
Written By Robin Rothstein Mortgages and Loans Writer The housing market has yet to heat up this summer, but that may change soon. The mortgage-rate roller coaster ride appears to be over. Recently, rates are behaving more like a water slide, moving downward with occasional plateaus and landing at their lowest levels in 15 months. […]
Significant changes are sweeping across Greece’s real estate market as the new Golden Visa regime takes effect from 1st September 2024. This long-anticipated shift brings with it a more demanding set of requirements for foreign investors seeking residency permits through real estate investment, signaling the government’s intent to reshape its housing policy while still maintaining […]
ByPhilip Chrysopoulos July 17, 2024 House prices in Greece soar. Apartment building in Kolonaki, the most expensive neighborhood in downtown Athens. Credit: Dimitris Kamaras Wikimedia Commons CC BY 2.0 While Greeks complain about house prices and rentals going through the roof, there is great interest from foreign buyers in several parts of Greece. Foreign investors, digital nomads, […]
Real estate markets in Greece, Cyprus and Serbia are showing remarkable resilience, despite the economic pressures in Europe. With increased residential prices and strong demand for commercial real estate, these countries offer attractive investment opportunities. The upward trend in property prices that has dominated Europe in recent years appears to be coming to an end, […]
China’s troubled housing market will continue to see softness as a slew of government stimulus and support measures have not been “satisfactory” in propping up the sector, according to a JPMorgan economist. The “housing market crash is still not over yet,” Haibin Zhu, chief China economist at JPMorgan told CNBC’s “Squawk Box Asia” Monday, […]
Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year ago The first Bank of England rate cut in four years has triggered an immediate upturn in the UK property market, as cheaper mortgages prompt interest among buyers and drive up house prices. Figures from the property website Rightmove show the number […]
Major global mining stocks have underperformed in the past three months due to a sharp decline in iron ore and copper prices, as China’s weak demand is likely to persist. The mining sector has experienced a downturn since May due to falling prices of industrial metals and critical minerals. The trajectory of mining stocks is […]
