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Annual UK house price growth hits 10-year low; China’s imports in surprise tumble – business live

Introduction: Halifax shows annual house price growth fizzling out Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Annual house price inflation in the UK has slowed to its lowest in a decade, as the market stabilises after last autumn’s turmoil. Lender Halifax has just reported that […]

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How Dubai property prices compare globally for investor risk

New UBS research shows Dubai real estate market is fairly valued compared to global peers after years of price declines. Dubai’s real estate market remains fairly priced compared to other major cities in the world after seeing six years of falling values after reaching a peak in 2014, according to new research. The UBS Global […]

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Why record UK house prices could be falling again soon

London (CNN Business)Britain’s housing market is on a tear. Pent-up demand following lockdowns, a temporary tax cut, record low-interest rates, and government support for workers and mortgage holders have spurred a rebound that’s taken analysts by surprise. The average price of a UK home soared to an all-time high in September, according to leading mortgage […]

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Chinese Buyers Are Kickstarting A Generational Housing Market Rally, And Bitcoin May Be Next

Chinese investors are aggressively starting to purchase international properties once again. The rising demand for real estate from buyers in Asia may catalyze a prolonged housing market rally as seen at the start of 2001. Residential and luxury properties across many countries including Singapore, Australia, the Philippines, and South Korea are reportedly being bought up. Wealthy […]

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Canadian Real Estate: Oakville Housing Market

Oakville, with picturesque Lake Ontario waterfront and countless pockets of luxury homes, has boasted a strong housing market over the past few years. This suburban market was primed for balanced conditions coming into the new year, with an expected five-per-cent increases in prices, according to the RE/MAX 2020 Housing Market Outlook Report. Oakville is a hot […]

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STATE OF THE US HOUSING MARKET: More data shows that rising house prices won’t last — the dip is coming

According to the CoreLogic Home Price Index Report, national home prices saw a year-over-year increase of 5.4% in May — up from a 3.6% gain in April 2019. CoreLogic attributes the growth to a decrease in housing supply because of the pandemic. “Tight supply and pent-up demand, particularly among millennials, provides optimism for a bounce-back in […]

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How international property markets are responding to Covid-19

Here’s how international markets are reacting. Images: Getty More Australia has shut down auctions and open houses, significantly impacting the number of homes hitting the market. Beyond that, however, it’s too early to know just what impact the Covid-19 pandemic has had on house prices. The most recent figures show Australian property values rising 0.7 per […]