Housing boom as deals near pre-crisis high February 13, 2014 HOUSE sale volumes hit their highest level in seven years in January, and are now just four per cent below the average seen in the boom years of 2000 to 2007, according to figures out today from LSL Property Services. Last month 73,000 properties changed hands, rocketing up 67 per cent compared with last January. [...]
Rightmove stays bullish despite cooling down of housing market November 6, 2014 Property website Rightmove yesterday said it had a confident outlook for the full year, as more agents and developers used its service to advertise despite signs of a cooling housing market. In a trading update for the four months to 31 October, Rightmove said its membership had grown two per cent since the first half [...]
London property sellers bag 99pc of the asking price March 31, 2014 House prices have risen for the 14th consecutive month, with a 0.6 per cent rise in March, according to the monthly national housing survey conducted by residential property analysts Hometrack. 50 per cent of postcode districts reported an increase in prices. The survey also showed that those who are selling property in London were able [...]
Here’s why homebuyers weren’t deterred by US storms February 26, 2014 Apparently people in the US still buy houses when it’s well below freezing outside, but today's new home sales numbers don't necessarily mean fair skies from here on in for the housing market. The number of new home buyers in the US shot up 9.6 per cent in January to a five-year high – a [...]
London’s house prices soar 12pc February 18, 2014 HOUSE prices in the capital have pulled further away from those in the rest of the country, official figures showed yesterday. London’s prices jumped by 12.3 per cent in the 12 months to December, more than double the 5.5 per cent rise in the UK as a whole, the Office for National Statistics (ONS) said. The increase [...]
Property in London: Is it a safe asset? October 7, 2014 Base rate hikes and a strong pound will dent prices, says Yogi Dewan THE EASY money in property markets was made a long time ago. That said, real estate remains the ultimate safe haven for many investors, as they consider it to be a better alternative to investing in global equities, government bonds or other [...]
London property prices: More million-pound properties have been sold in London this year than ever before October 31, 2014 London house prices might be cooling, but things are certainly hotting up at the premium end of the market. Sales of properties costing more than £1m have reached record levels in the UK with 6,143 houses sold in the first half of the year- 70 per cent of which were in London. That’s nearly 2,000 [...]
Capital Markets Union: Europe’s bid to reboot lending to businesses February 18, 2015 Creating large-scale, US-style capital markets in the EU could boost lending to businesses by hundreds of billions of euros, providing a vital boost to its struggling economies, European Commissioner Lord Hill said yesterday. The vast majority of small firms in the EU rely on bank lending for finance, a dependency which became a serious weakness [...]
Chancellor hopes for 200,000 new homes as a result of budget measures March 19, 2014 George Osborne has announced the government will be providing support to small housebuilding firms, with £150m used for new build housing. The construction of a new garden city at Ebbsfleet was also confirmed. The chancellor said the measures taken in the budget would support over 200,000 new homes, with 120,000 built as a result of [...]
Housing market surge spreads through the UK March 3, 2014 HOUSE prices rose across the largest proportion of the UK on record this February, shooting up at the fastest pace recorded for a single month, according to Hometrack’s latest assessment of the rapid recovery in the property market. Last month, 51.1 per cent of postcodes saw price increases, according to the research, released today. Only [...]