Thumbnail image for Foreign buyers continue to boost property sales in Miami

Foreign buyers continue to boost property sales in Miami

April 25, 2013

Residential property sales are continuing to increase in Miami as demand and limited supply drive double digit price growth, the latest data from real estate agents show. In March prices for single family homes in particular surged, up 25.1% year on year and 16% month on month to a median price of $225,000, according to [...]

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UK home owners want more innovative mortgage products

April 24, 2013

Some 82% of home owners in the UK want more to be done to make it easier for new lenders to enter the mortgage market and would welcome more innovative products, according to new research. Many believe that new lenders such as Tesco, Virgin Money and M&S, as well as other new entrants, can help [...]

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Thumbnail image for Lack of land sales holding up new home building in Australia

Lack of land sales holding up new home building in Australia

April 23, 2013

New home building in Australia in 2013 is likely to fall short of what is needed as land sales are well below requirements, a new report suggests. The HIA-RP Data Residential Land Report provided by the Housing Industry Association, the voice of Australia’s residential building industry, and RP Data, Australia’s leading property information and analytics [...]

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Thumbnail image for Number of UK first time buyers is rising

Number of UK first time buyers is rising

April 22, 2013

The numbers of first time buyers are increasing, although still well below levels at the market peak in 2006, according to research from UK lender Lloyds TSB. Spending by first time buyers on fees and furnishings is estimated to have contributed £1.9 billion to the economy in 2012 and first time buyers supported a further [...]

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Thumbnail image for Average UK residential property rents rise for first time since last October

Average UK residential property rents rise for first time since last October

April 19, 2013

Average rents in England and Wales are now 4.2% higher than a year ago after a 0.5% rise was the first recorded since last October, according to the latest index. However as rents rise, tenant finances are worsening once again, with 8.5% of all rent in England and Wales now in arrears, the latest Buy [...]

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Thumbnail image for Property prices rise across the UK

Property prices rise across the UK

April 18, 2013

Every region of England, Scotland and Wales reported month on month property price growth with Greater London seeing the biggest rise at 1.3%, according to the latest index. Asking prices also rose, up 0.8% nationwide, the third monthly rise in a row and with the supply of properties entering the market falling, buyers have less [...]

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Thumbnail image for Property price growth in Hong Kong slowing

Property price growth in Hong Kong slowing

April 17, 2013

Price growth in the residential property market in Hong Kong has slowed as measures designed to cool the market take hold. Data from the Land Registry shows that residential transaction volume slumped 28.1% month on month, with only 4,534 sales recorded in March. Price growth in the luxury and mass residential sectors was a mere [...]

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Thumbnail image for Fall in rents making Abu Dhabi a more affordable place to live

Fall in rents making Abu Dhabi a more affordable place to live

April 16, 2013

Abu Dhabi has become a more affordable place to live due to a fall in residential rents over the past 18 months caused by general oversupply and low demand, the latest analysis of its rental property market suggests. However, residential rents in areas benefitting from strong demand have increased by as much as 25% during [...]

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Thumbnail image for Average asking rents fall in the UK

Average asking rents fall in the UK

April 15, 2013

Average residential property rents in the UK fell nationally in the first quarter of 2013 with Scotland taking over as the most expensive region in the north of the country, according to new figures. The national average rent is stable at £969 per month, although in London rents have fallen stabilising at around £2,181 per [...]

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Thumbnail image for Overseas buyers showing increased interest in bargain prices in Cyprus

Overseas buyers showing increased interest in bargain prices in Cyprus

April 12, 2013

Cyprus has become more popular with would be overseas buyers searching for property at a time when prices are expected to fall considerably due to the Mediterranean island’s deteriorating economic outlook. ‘The recent news coverage of the economic woes in Cyprus led to an increase in searches for the island, overtaking Ireland as our seventh [...]

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Thumbnail image for End of ski season means property discounts in French Alps

End of ski season means property discounts in French Alps

April 11, 2013

Following a strong season for ski property sales, a number of property developers in the French Alps have unveiled a range of discounts to boost sales before the official end of the season, it is claimed. Increases on forecasted sales for the 2012/2013 season have enabled alpine developers to leverage offers and soften their prices [...]

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