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London House prices: pre-boom peak passed amid sales slide

House prices in Britain are continuing to rise as a supply shortage squeezes the market, with official figures confirming prices have now surpassed their pre-recession peak to reach an eight-year high. Figures published by the Land Registry reveal the average house price in England and Wales increased in value by 5.4 per cent in June […]

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China’s weakened property market could hit banks: S&P

The slump that hit China’s property market this year could hit the country’s banks according to ratings agency Standard & Poor’s, in the latest warning to the world’s second largest economy. While the housing market in China has started to see some recovery of late, with data released at the start of the month showing […]

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Most Australians still want to get on the property market

MOST Aussies still think it’s a good time to get into the property market, despite house prices surging in Sydney and Melbourne, a survey has found. Sixty per cent of the 1,010 respondents polled in CoreLogic RP Data-Nine Reward’s housing market sentiment survey, released on Friday, considered the June quarter to be a good time […]

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Calgary housing market continues to see slowing in price gains

A report by the Canadian Real Estate Association says the Calgary housing market continued to see a slow down in price gains in June. The association’s, MLS Home Price Index, released on Wednesday, which tracks benchmark, or typical, property sales in specific markets, said Calgary saw a year-over-year increase of just 0.48 per cent last month. […]

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UK housing market waking up, says CML

The UK housing market appears to be “waking up” after a quiet period in spring, the Council of Mortgage Lenders (CML) has said. It said homeowners took out 49,000 loans in May, the highest number since December last year. That compares with 48,300 loans taken out in April. Separate figures from the Office for National […]

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Australia:Six signs of a Sydney housing slowdown

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 […]