New flights to Turkey are set to give the country's property market a lift this year. New summer flights will launch this April, from London to south-west Turkey, which will make beach resorts there more accessible to British tourists. Agents say that this will boost awareness of Turkish property, as well as encourage interest. The country is already popular as a holiday destination. Indeed, 36.8...

Momentum in the middle of the US housing market is set to drive a strong recovery this year, according to experts. Figures from Clear Capital show that there is a growing gap between the bottom and top tiers of the US property market, an opening that is expected to restore healthy demand from both first-time and traditional buyers. All major regions of the US saw sales decline in December 2014,...

UK house prices enjoyed a surprise rebound at the start of the year, according to Halifax. The lender's latest house price index says that prices jumped 2 per cent in January 2015 compared to December 2014, the biggest monthly increase recorded in January since 2009. The small rebound occurs following the goverment's reform of Stamp Duty, which was forecast by experts to stimulate sales following several...

The Balearics are enjoying a booming start to 2015, as property investment surges. Engel & Völkers Mallorca, which has 16 offices across the island, reports that the total sales volume in 2014 rose from €202M in 2013 to €259M in 2014 - an increase of 28 per cent. The trend for buyers to make decisions faster to buy continued as potential investors wanted to take advantage of the stable...

A dramatic start to the year for the euro has given French property a boost for overseas buyers. The single currency has been rocked multiple times in the first few months of 2015, from the arrival of QE announced last week by the ECB to the Swiss Central bank's decision to unpeg the Franc against the euro. The victory of anti-austerity party Syriza in Greece's elections on Sunday night also shook up the...

US home sales rebounded at the end of 2014, rising in December for the third month in a row. New figures from the National Association of Realtors show that December property sales rose 2.4 per cent in December 2014 compared to November 2014, taking sales to 3.5 per cent above the same month one year earlier. Transactions climbed to a seasonally adjusted annual rate of 5.04 million, the sixth time in...

Last night, Greece's snap general election saw victory for the anti-austerity party, Syriza. Led by Alexis Tsipras, the party's pledge to end the austerity measures currently in place won support from citizens, who are tired of the country's economic difficulties. In the third quarter of 2014, Greece returned to growth for the first time in six years, as its GDP climbed 1.7 per cent, but while the overall...

This week, the European Central Bank confirmed that it will expand its stimulus measures to include quantitative easing.  The €1.1 trillion measure will see the bank buy €60 billion bonds ever month from central governments, agencies and European institutions in the euro area. The payments are designed to boost the supply of money within the eurozone economy and will continue to at least...

Apartment prices are climbing the French Alps, according to one estate agent. Leggett Immobilier has launched a quarterly Alpine property index. The report is based on over 100 quarterly valuations of a fixed sample of properties, including chalets, apartments, village and resort house, and highlights four key areas: Haut Alpes, Massif d'Aravis, Portes du Soleil and the Three Valleys. There are...

Switzerland has decided to scrap its currency cap, a move that has seen interest in London property surge from surprised investors. Switzerland's cap was introduced in September 2011, keeping the Swiss france at 1.20 euro. The move was designed to prevent the currency becoming overvalued, but as the euro has weakened, the franc has been pegged to the single currency, prompting the Swiss National Bank to do...