Real estate adviser Savills reveals London and the south east average loan-to-value ratios have been boosted by property price increases. According to the research, British mortgaged owner occupiers have an average outstanding loan-to-value of 48 per cent, but this ranges from 39 per cent in London to 60 per cent in the North East of […]
No, cooling measures will not be lifted. Property prices will continue to drop while mortgage rates rise this year. Here are five trends that both property buyers and sellers must watch out for as the Year of the Monkey comes rolling in. 1. Cooling measures are here to stay. Although developers have intensified their call for […]
Many new condo developments that launched sales over the past few years will begin to see closings, new rental buildings will continue to hit the market in both Brooklyn and Manhattan, and progress in their lease-ups, and a shifting macro-economic climate — from interest rate hikes to stock market jitters — will have an effect […]
By Vincent Achuka The shocking admission last week by the real estate industry that the housing sector has finally been hit by a glut has raised fears about whether one of the country’s four key drivers of economic growth is driven by demand as previously thought, or through illegal money. Experts have time and again […]
Melbourne is now officially home to the hottest capital city housing market in Australia. According to the latest CoreLogic RP Data capital city house price index, residential property prices in Australia’s second largest city rose by 11.0% in the 12 months to January, displacing the mantle Sydney has held for much of the past three […]
Housing in Australia has been categorised as “severely unaffordable” compared with metropolitan markets around the world, a comprehensive survey has found. Of 10 major metropolitan markets assessed in the housing affordability survey, Hong Kong had the least affordable housing for the sixth year in a row, followed by Sydney. Sydney replaced Vancouver as the second […]
Housing experts predict U.S. home value growth around 3.5 percent this year. But which markets are leading the charge? To determine the hottest real estate markets for 2016, we looked at the Zillow Home Value Index (ZHVI) Forecast, recent income growth and current unemployment rates. These variables were scaled and combined equally to form a […]
If you could rewind 365 days to January 2015, would you short the Canadian real estate market? Given the predictions back then—of an imminent bubble burst and a housing market crash—hedging on real estate losses would’ve been a smart, speculative position. Of course, any active investors who did bet against the real estate market wouldn’t […]
Average house now costs £292,000 – and could hit £300,000 this year House prices in England and Wales climbed almost £18,000 last year, according to figures from estate agents Reeds Rain and Your Move. The increase of £17,963, or 6.6 per cent, was the “equivalent of £67.86 a day or £9.17 an hour earned by […]
Prices in the capital rose almost 10pc in year to September, boosting the average house price across England and Wales London house prices continue to outpace those in the rest of the UK, with the average property hitting £500,000. Prices rose 9.6pc in the year to September, meaning the average London property now costs £499,997, […]
