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UK housing market sees first value drop in a decade

The total value of all homes across the UK has dipped for the first time since 2012. According to figures by Savills, the total value of UK homes now stands at £8.678 trillion. The analysis of the UK’s housing stock reveals that the total value has fallen marginally on 2022 – when values peaked – but remains […]

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ECB tells banks to factor in further drop in property prices

Reuters November 7, 20234:19 PM GMT+2Updated 3 days ago A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo Acquire Licensing Rights FRANKFURT, Nov 7 (Reuters) – Euro zone banks should factor in the risk of a further fall in property prices when […]

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Shocks in the Greek real estate market from the rumored changes in the tax and legislative framework

  The development and sustainability of the real estate market are critical issues for the economic prosperity and sustainability of a country. Despite significant efforts in the past, the inadequacy of a stable fiscal and legislative framework has often weakened efforts to sustainably develop the real estate market. In the current era, where globalisation and […]

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Fears mount that Europe’s commercial real estate sector could be the next to fall

KEY POINTS Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to implode. Following March’s banking crises, fears have arisen of a so-called doom loop, in which a potential bank run could trigger a property sector downturn. European funds invested directly […]

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How the world’s top 15 luxury housing markets will perform in 2020

Paris will have the hottest luxury housing market in 2020, according to Knight Frank. Global consultancy firm Knight Frank forecasted how the world’s top-tier luxury real-estate markets will perform in 2020. Paris will be the world’s hottest luxury housing market in 2020, with prices expected to grow by 7%, according to the report. High-end real-estate in the French […]