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UK house prices: mortgage lending soars

Rising house prices and increasing consumer confidence had driven mortgage lending to a seven-year high, causing a new dilemma for policymakers. Banks handed out more money through loans and overdrafts in October than they had in almost a decade, The Times reports. The governor of the Bank of England Mark Carney recently sounded a warning […]

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Kenya’s Real Estate Performance Under The Microscope

During the 22nd Kenya Homes Expo held at the Kenyatta International Convention Centre (KICC) in Nairobi last month, a strange feeling clouded the atmosphere. There was something missing from this year’s expo in comparison with the last 5 years. For the first time since the Real Estate Market started its amazing course, producing millions of […]

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Higher prices, tight inventories straining housing market

Higher prices and tighter inventory are straining the recovering housing market. Sales of existing homes ran at a seasonally adjusted annual rate of 5.36 million in October, the National Association of Realtors said Monday. That was down 3.4% from 5.55 million in September, a level which marked the second-best in eight years. Sales were 3.9% […]

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Wisconsin housing market continues to surge

Warm temperatures and low interest rates are factors real estate industry experts say contributed to the continued strong housing market through October in Wisconsin. Both existing home sales and the median sale price were higher last month than in October 2014, according to the most recent assessment of the housing market by the Wisconsin Realtors Association (WRA). […]

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UK house prices up 6.1%, says ONS

House prices rose by 6.1% in the year to September 2015, according to the Office for National Statistics (ONS), with the average house price in the UK now £286,000. The ONS figures show that prices rose fastest in the east of England (8.4%) and the south-east (7.4%). However, the increase is still lower than the […]

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Going green the way to produce sustainable wealth

Did you know that agriculture is, maybe, the oldest investment and one of the most lucrative business opportunities directly connected with the survival of the human race? Well, for dozens of centuries, vast fortunes have been created around the world from farming; plantations and agriculture, while hundreds of millions of people have been making their […]

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Canada:Are young homeowners doomed if housing prices drop?

Young Canadian homeowners are in for some tough times if the housing market comes crashing down around them, a new study suggests, but realtors and economists say there’s no reason to panic. ​​A report released last week by the Canadian Centre for Policy Alternatives suggests that one in 10 homeowners under 40 will be underwater on their mortgages — meaning their debts will […]

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Average London house price hits £500,000 as capital’s housing market shows no sign of losing steam!!!

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, […]