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 […]
Over 500,000 homes now cost £1m or more and in 13 streets of London average house price is in excess of £10m The number of property millionaires in Britain has more than doubled over the past three years and broken through the 500,000 mark for the first time, it is claimed. There are now 13 […]
The ‘rise of the suburbs’ has seen house prices shoot up almost 20 per cent in the outer London boroughs of Barking, Brent and Dagenham in the last three months. Prices in the Essex borough of Barking and Dagenham were up 19 per cent in the last three months compared to the same period last […]
The Emirate’s real estate market is forecast to see a 10 to 20% correction in prices this year, the report stated Dubai’s residential property market will see a double-digit correction in prices this year following 3 years of sharp appreciation, a new report by S&P found. The report estimates a “moderate” 10 to 20% decline […]
Households in the UK perceived that the value of their home rose in June and are more confident that they will continue on an upward trend, the latest house price sentiment index shows. Some 23.7% of the 1,500 households surveyed across the UK said that the value of their home had risen over the last […]
Basic principles of economics say that for any country a widening current account deficit and a rising debt level will eventually herald a weaker currency. The Kenyan economy has been growing for the last years but its account deficit and debt level are growing fast as well. On top of that, the need to support […]
Property prices increased by 9.6 per cent in the year to March 2015, up from 7.4 per cent recorded the previous month, official figures show. It is the first time annual growth figure has risen since last summer. From September 2014 onwards, yearly house price inflation has slowly dropped in each consecutive month, from a […]
The election-driven price stall in May gives buyers only temporary relief from the competition for properties that is generally driving prices ever upwards… There was an unseasonal fall in the asking prices of homes coming on to the market in May, but the surprise outright election win for the Conservatives could remove the brakes […]
Lack of homes for sale in April drove up prices as surveyors warn that the government must encourage building of new The number of homes coming on to the market fell to its lowest level in almost six years in April, driving up prices across the UK, surveyors said on Thursday. The affordability and availability […]
Over the past few years, Londoners, from Shepherd’s Bush to Stratford, have been shocked by the house prices . Many potential buyers who had hoped that signs of a slowdown ,that emerged in the summer ,would continue, and so it has . But what exactly is a slowdown for a market that has been outperforming for the last […]
