House prices have returned to where they were before the crisis, but the same has not happened with investments in the sector, which still deviate dramatically from the levels of 2007. Combined with the slow issue of housing loans, this has led to a reduced supply of properties, keeping the cost of housing high. “The […]
Key Points U.K. house prices fell for the first time in nine months in December, as the country’s Budget and higher mortgage rates dampened a recent flurry of homebuyer activity. Average property prices dipped 0.2% between November and December — the first monthly drop since March — fresh data from lender Halifax showed Tuesday. Tom […]
ΝΙΚΟΣ ΧΡΙΣΤΟΦΑΚΗΣ Written by Konstantinos Kioleoglou, Civil Engineer NTUA & Managing Partner of Avakon – Real Estate Development Chaos in the Real Estate Market Following the Council of State’s Ruling on Building Code Bonuses The real estate market is in turmoil following the announcement from the Supreme Court regarding the construction incentives of the New […]
Sofia Spingou 11.12.2024 • 17:40 Greece’s supreme administrative court, the Council of State, has ruled that key provisions of the New Building Regulation (NOK) are unconstitutional. These provisions include incentives to increase building height in exchange for enhanced energy efficiency and more communal and green spaces, which, the court ruled, violate Article 24, paragraphs 1 […]
The U.S. housing market has been a tough place for buyers in the past few years, with homes becoming more expensive, interest rates staying high, and housing inventory being low. Now, real-estate marketplace Zillow is predicting house prices will again rise modestly next year. “Zillow forecasts 2.6 percent home value growth in 2025, a relatively slow pace […]
A large number of Spaniards took to the streets of Barcelona on Saturday night to protest a housing crunch and the high cost of renting an apartment in the city. Tens of thousands of people clogged the streets of downtown Barcelona on Saturday to protest the rising cost of renting an apartment in the popular […]
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 […]
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, […]
15 July: Market Holds Breath As Bank Rate Decision Looms July asking prices dip 0.4% Prices up 0.4% annually Sales agreed up 15% year-on-year Average price £373,493 The average asking price of property coming onto the market fell by 0.4% in July, (£1,617 in cash terms), according to online property site Rightmove, down on the […]
