rises The scale of London’s property bubble is laid bare in a report that reveals how the capital has dramatically outstripped New York and every other major city in the world on prices and sales over the past five years. In 2009, there were 2,147 sales of luxury houses and apartments in London in the […]
Portland, Dallas lead monthly gains in home prices Here’s a city-by-city look at U.S. house prices in July, after the S&P/Case-Shiller 20-city composite showed a 0.6% advance. The 20 cities exclude a few major metropolitan areas, including Houston and Philadelphia. City Monthly price change (%) 12-month price change (%) Atlanta 0.8% 5.8% Boston 1.1% […]
House prices in England and Wales rose by 0.5% in August to reach an average of £184,682, according to the latest figures from the Land Registry. Despite the month-on-month increase, the annual rate of growth slowed to 4.2% – its lowest level since November 2013. This was just under half the recent peak of 8.5% […]
The UK’s housing market is accelerating once again amid strong demand and a lack of supply, according to reports. The Royal Institution of Chartered Surveyors has doubled its forecast for price rises this year from 3 per cent to 6 per cent, and says average stock levels on its members’ books stand at 30-year […]
Prices have fallen but high deposit required means low risk of crisis. As China’s equity markets cool down and its currency is devalued, attention will return to the question of whether the country’s property market is heading for a fall. In my view, the boom days are over, but with buyers required to put at […]
British house prices grew in July at their slowest annual pace since the end of last year but the market is being supported by rising wages and a lack of homes to buy, mortgage lender Halifax said on Thursday. Halifax said the year-on-year rate of growth in the three months to July slowed to 7.9 […]
There’s just no let up in New Zealand house prices, with prices rising at their fastest pace since 2007. Prices rose 10.1 per cent in the three months to July 31 from a year earlier, according to an index by Quotable Value, a government-owned property research company. This was up from a 9.3 per cent […]
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 […]
