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How international property markets are responding to Covid-19

Here’s how international markets are reacting. Images: Getty More Australia has shut down auctions and open houses, significantly impacting the number of homes hitting the market. Beyond that, however, it’s too early to know just what impact the Covid-19 pandemic has had on house prices. The most recent figures show Australian property values rising 0.7 per […]

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What will happen to house prices in the UK after lockdown? Watch New Zealand’s property market

Last week, New Zealand started lifting its lockdown restrictions, kickstarting its frozen housing market. Transactions that were on hold are now completing (or “settling”, as it’s known), and buyers can view homes. Its property market is very similar to Britain’s, which could soon be thawing as we come out of lockdown. So can New Zealand show us the future […]

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UK house sales expected to drop to lowest level in 20 years

Coronavirus hits the market just as it started to recover from slowdown after 2016 Brexit vote The UK housing market has come to a sudden halt, with sales expectations dropping to their lowest level in more than 20 years after estate agents closed their doors in the nationwide coronavirus lockdown. The score for sales expectations […]

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Greek Property Market :House prices show marked slowdown

The Greek housing market has doubtlessly slowed down this year, with the sale price growth rate declining for six consecutive months. Based on data from the first quarter of 2020, the slowdown marks are clear, as most areas observed a lower pace of price growth compared to the fourth quarter of last year. Across Greece prices grew at an annual […]

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UK property market moves into cold storage

As Britain enters the most serious phase yet in its fight to tackle the coronavirus crisis, the traditional “spring selling season” in the housing market has been all but forgotten. The government’s crisis measures to limit the spread of Covid-19 mean estate agents, prospective buyers and surveyors are barred from making home visits — bringing the […]

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Economic slowdown decreases house prices by 0.61pc in Q419

By MARGARET NJUGUNAH, NAIROBI, Kenya, Feb 3 – House prices maintained a downward trend in the fourth quarter of 2019, according to the Kenya Bankers Association House Price Index (KBA-HPI).   The report attributed the performance to an overall slowdown in the performance of the economy, which in turn tightened disposable income growth among potential home buyers.   During the period under review, house […]

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UK house prices rising at fastest rate since February 2018

Halifax shows rate of growth at 4.1%, partly due to sales delayed amid 2019 uncertainty UK house prices are rising at their fastest annual rate for nearly two years, according to Halifax, prompting claims that the property market is heading into the crucial spring season in reasonable shape. Halifax said house prices rose by 0.4% in […]

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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 […]