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 […]
For those looking to buy or sell a property, the news of a general election on July 4 may, at first glance, appear to throw their plans into disarray. Elections usually lead to some stalling in market activity as buyers and sellers put their plans on hold until they know what housing policies are going […]
House prices down by 1.1 % in the euro area and up by 0.3 % in the European Union in the fourth quarter of 2023, compared with the same quarter of 2022. Annual and quarterly growth rates The HPI shows the price changes of residential properties purchased by households (flats, detached houses, terraced houses, etc.), both newly built and […]
Copyright Canva By Doloresz Katanich Published on 05/04/2024 – 07:00 Share this articleComments The cost of homes within the eurozone fell by 1.1% during the last three month of 2023. However, within the EU overall, prices were slightly higher. One of the countries hardest hit by a fall in property prices was Luxembourg where house prices slumped […]
Mortgage rates are steadily ticking higher. Will rising mortgage rates stall the housing recovery? Photographer: Chris Ratcliffe/Bloomberg Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Don’t miss the new episode of In the City, in which […]
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to bite European commercial real estate deal making fell to a 13-year low at the start of 2024, as fading hopes of imminent interest rate cuts prolonged the slump in property markets. Transaction volumes of €34.5bn in the first quarter […]
This year, the tax authorities have sent out 7,159,164 ENFIA payment notices The total value of real estate amounts to 771.9 billion euros, held by 7,159,164 individuals and legal entities, according to statistics for the 2024 Single Property Tax (ENFIA) released by the Independent Authority for Public Revenue (IAPR). The value of Greek immovable property […]
The allure of European residency through investment has propelled Greece’s Golden Visa program to the forefront of investor considerations. As of early 2024, the Greek government has introduced significant revisions to this sought-after program, aiming to streamline investment opportunities and stimulate economic growth. For potential investors eyeing Greece as a destination for residency, understanding these […]
Speaking to Kathimerini, Marios Rafail, head of the Geneva office at Henley & Partners, challenges the prevailing perception that the Golden Visa program has contributed to skyrocketing rental rates in Greece. Nikos Roussanoglou 22.03.2024 • 16:24 Nearly half (44%) of more than 200 Greek property market executives who participated in Cerved Property Services’ annual […]
Higher interest rates have meant a 12 per cent annual decline in commercial valuations in the final quarter of last year — the largest on record, according to the association of Pfandbrief banks this week. The fallout from the implosion of René Benko’s luxury property group, Signa, has highlighted mounting distress in the commercial real […]
