Carney: House price boom set to end in 2016 January 15, 2014 BANK of England governor Mark Carney expects the recent surge in the property market to cool by 2016, as figures today confirm that house sales have returned to levels last seen in early 2008. The governor said that he is projecting “a continuation of the current momentum into 2014, before decelerating around the middle of [...]
UK house prices see rare fall this June: But the trend still sees values soar July 9, 2014 House prices have surprised analysts with a slight fall this June. Prices are 0.6 per cent lower, according to the latest Halifax house price index data. It's only the fourth time that Halifax has recorded a monthly house price in the last year. And while home sales are some three per cent lower in May, [...]
10 Soho Square: Bringing glamour back to London’s film land October 3, 2014 It has always been desirable to live off one of London’s garden squares. These traditionally fashionable addresses – such as Chester Square, Hanover Square and Eaton Square – are known in the popular imagination as the homes of the aristocracy and elder statesmen. Eaton Square is probably today’s most illustrious example, but back in the [...]
Amazon share price falls as authors plot US Department of Justice approach over Hachette dispute September 24, 2014 Amazon's share price fell in early trading today, after it emerged that a group of more than 1,000 authors were poised to take the standoff with publisher Hachette to the US Department of Justice. Shares at the internet giant were down 0.7 per cent in mid-morning trading in New York. Writers including Malcolm [...]
Taylor Wimpey backs stricter mortgage rules July 7, 2014 Taylor Wimpey yesterday welcomed new Bank of England rules to temper the housing market as “a positive move” as the housebuilder delivered a strong first half of the year. The group said a strengthening housing market helped sales rates and prices of its new homes come in at the top end of forecasts, while operating [...]
Chinese property company offers £200,000 discount on homes to Alibaba users August 27, 2014 Shop on Amazon and you might receive discount on a box of wine. Use Alibaba, and you could get money off mortar. Chinese builders need new methods to attract buyers: the country has enough floor space on sale to satisfy four years of demand, and over 90 per cent of households own the bricks and mortar [...]
London house prices to finally cool down as homeowners rush to sell properties August 11, 2014 The frothy London housing market is likely to come off the boil in the months ahead, with owners rushing to sell their properties following the recent surge in prices and buyers increasingly reticent to match the escalating valuations. The number of people looking to sell homes in the capital has climbed by nearly a third, [...]
London house prices continue to fall as cooling property market spurs rush to sell August 18, 2014 London house prices are falling for a third month in a row, according to a major property site, the latest sign of a groundswell of sellers flooding the market. New selling prices dropped 5.9 per cent between July and August, according to Rightmove. Although prices are still 10.3 per cent higher than in the [...]
The Week Ahead: US analysts still bullish August 3, 2014 WALL Street’s worst week in two years was enough to get investors worried about whether a long-overdue correction is coming, but analysts are still leaning bullish going into the new week. The market is undoubtedly ripe for a correction – the current rally has continued for nearly three years without a decline of more than [...]
Save money when buying overseas October 31, 2014 Whether it’s a villa in the sun-kissed Côte d'Azur, a chalet in the Alps or a pied-à-terre in Paris, France has long been a favourite destination for second home owners. And that desire shows no sign of abating, as trends in the French capital are showing: “In Paris, foreign buyers are now accounting for nearly [...]