Sydney median house prices have hit $1m for the first time, according to the latest Domain Group House Price report. The report revealed median house prices in Sydney are $1,000,616, rising 22.9% in just 12 months. The report touted it as Sydney delivering the “unthinkable” and having “emerged as a significant player in the international […]
First-time buyers are struggling to find a house as the gap between the supply and demand for two-bedroom properties widens, a new report found. The price of a typical first-time buyer home is leaping by £1,250 every single month, putting home ownership out of reach for many. The demand for smaller homes is further compounded […]
House buyers borrowed more money in June than in any month since the financial crisis, as the pre-election lull in the market was swept aside by buyers surging back to the market. Home purchase loans came to a total of £20.5bn in June, according to the Council of Mortgage Lenders – the highest level seen […]
A report by the Canadian Real Estate Association says the Calgary housing market continued to see a slow down in price gains in June. The association’s, MLS Home Price Index, released on Wednesday, which tracks benchmark, or typical, property sales in specific markets, said Calgary saw a year-over-year increase of just 0.48 per cent last month. […]
Singapore’s housing market, which has posted seven straight quarterly declines in home prices, may face harder times ahead. The latest housing data point on Wednesday showed home sales slumped 42 percent in June from a month earlier to the lowest this year — fueling concerns of further declines in prices that have already recorded the […]
The UK housing market appears to be “waking up” after a quiet period in spring, the Council of Mortgage Lenders (CML) has said. It said homeowners took out 49,000 loans in May, the highest number since December last year. That compares with 48,300 loans taken out in April. Separate figures from the Office for National […]
In real estate, timing is everything. Judging when it’s the best time to sell or buy depends on a multitude of markets indicators. In Sydney, where the housing market has the highest growth in the country the pace appears to be slowing. But how can you tell? These are the six indicators of a slowing […]
The Kenyan shilling is following a negative route against most of the foreign currencies. With the exchange rate touching the 102.5 mark to the USD and the 158.84 to the GBP and without even being able to sustain a strong position against the weak and challenged euro, CBK was forced to take more action in […]
London, United Kingdom – Rocketing housing costs in Britain’s capital have fuelled a surge in Londoners seeking cheaper accommodation on boats, with increased numbers putting pressure on the city’s historic network of rivers and canals. The picturesque lifestyle of sleeping in a colourfully painted narrowboat or barge can seem tempting, especially when buying one can […]
House prices in the UK unexpectedly surged in June with a shortage of homes on the market driving the pace of increases to the fastest level in nine months. The Royal Institute of Chartered Surveyors reported that the average stock of houses per surveyor had fallen to the lowest level since it started collecting this […]
