Housing market

According to the IMF, the sustained improvement in the quality of real estate loans in the UAE despite falling house prices is an indication that the country is handling the recent real estate slump better than it did seven years ago. Following its annual consultations with the UAE government, the IMF revealed that the average price of residential real estate fell by 11 percent in Dubai, and by 0.8...

In the second quarter of 2016, the commercial real estate stayed solid across Europe with a total of €54.0 billion, up 2.5 percent from the first quarter and 30.4 percent on the 10-year average, new reports reveal. However, total performance was behind in comparison with the second quarter of 2015, where the office sector had the best Q2 with an 8.3 percent increase in the first three months of...

The most recent real estate analysis report released by Clear Capital, a real estate company,  shows that housing growth in the US is steady, increasing by 0.6 percent each quarter. Most regions in the US have benefited from the annual spring housing. Also, a lot of the markets outside the North East experienced a bump in quarterly growth last month. Clear Capital's data shows that quarterly growth...

It’s no secret that the cost of housing has increased significantly over the past 10 years. The UK’s House Price Index has indicated several key changes in the market. In particular, the past year has seen six significant changes in price, with the most recent taking the average house price in the country to £300,000. Compared to 10 years ago, house prices have risen by a massive 50%....

Knight Frank Global House Price Index has cast a very interesting light on the worldwide property market, highlighting those in favour and those where markets are starting to turn down. The latest league table takes into account the 12 month period ending the first quarter of 2016 and will prove rather useful for those looking at future real estate investments. We guarantee you will never guess the top 10...

In an investigation that lasted over four years, carried out by the trading standards team at Barnet’s Council, Martin Marcus, 52, of Bushey Hertfordshire pleaded guilty to deceitful appropriation of over £220,000 after seven days of trial. The court found out how he set up a string of letting agencies, and used various false names between 2009 and 2015 to steal £221,000 from over 60...

The Home Builders Federation has restated its commitment to keep building homes in the UK to help meet demand. They made this pledge after a meeting with Brandon Lewis, the housing minister, and Greg Clark, Secretary of State. Housing Remain a Key Priority for the Government The Secretary of State reassured members of the HBF that housing remained a key priority for the government, and that the...

Following the vote to leave the EU that caused panic in the UK property market, Anthony Hesse, the managing director of Britain’s oldest estate agent recruitment consultancy, has called on employers to “hold their nerve.” His comments come on the heels of a quick survey performed by the Chartered Institute of Personnel Development (CIPD) that tried to gauge recruitment...

Figures from Nationwide’s latest house price index in the UK show that annual house price growth climbed to 5.1% in June, a slender increase from May’s 4.7%. It is hard to say why Nationwide’s chief economist, Robert Gardner warns against drawing conclusions too soon. He explained that determining the real factors behind house demand in recent months has become a difficult task, as...

The UK property market is on the up. Prices are increasing year on year in towns and cities across the country and savvy entrepreneurs are seeing big returns on their investments. As a result, the demand for estate agents and property specific services is higher than ever before and increasing numbers of ambitious entrepreneurs and looking for ways to cash in on the property boom. Though there is money...