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England wins most properties for sale in #TMCWorldCup

England may have been knocked out of the World Cup, but the country took home the trophy for most homes for sale in a property World Cup held by TheMoveChannel.com. The property portal's #TMCWorldCup infographic ranked all the countries participating in the football tournament by four categories: demand (the share of enquiries received in 2013), accessbility (number of properties for sale), appeal...

Increasing London house prices inspire sellers

Photo: Martie1Swart Increasing house prices in London are inspiring sellers to come onto the market. Asking price rises have accelerated in the last month, according to Home.co.uk's latest report, taking the average annual appreciation for England and Wales to 9.6 per cent. While a shortfall in supply has been a key driver of London's soaring values, though, sellers are beginning to be encouraged back...

London homes sell three times faster than North East

Photo: MeandmyShadow London homes sell three times faster than those in the North East of England, according to data from Home.co.uk. The figures show that a typical listing in the UK capital spends just 48 days on the market, far lower than the 167 days recorded by the average North East home. The gap underlines the sheer extremes of the UK's bipolar housing market, with marketing times in the South...

Hong Kong property market to plummet in 2014

The Hong Kong property market is expected to take a dive next year with property prices and sales predicted to decline. Knight Frank, a property consultancy agency, has released its forecasts for the Hong Kong market in 2014 and expects to see transactions fall to 45,000-50,000 for the year. This year saw sales reach between 52,000 and 55,000, but it is likely that the continuation of current cooling...

US house prices rise for 20th month in a row

House prices in the US have seen a year-on-year rise for the 20th consecutive month, new data has shown. According to propertywire.com, research from CoreLogic has revealed house price value is continuing to increase but at a slowing rate as the Christmas holidays approach. Mark Fleming, chief economist for CoreLogic, said that a slowdown isn't necessarily a bad thing. "Based on our pending HPI (House...

Cyprus property market turning a corner

Property professionals in Cyprus have reacted with cautious optimism after new figures reveal the island's property slump could be on the verge of reversing, news.cyprus-property-buyers.com reports. Whilst the number of new contracts deposited at the Cypriot Land Registry still posted a decline during the most part of 2013, it was a decidedly less sharp drop than in recent years. Figures published by the...

Emigrating Britains prefer to stay in Europe

A new study has proved that Britons who plan on snapping up property in a foreign destination would prefer to remain in Europe. A poll from the Overseas Guide Company (OGC), which provides advice for people considering the purchase of an overseas home, suggests that people would still want to be close to Britain despite emigrating somewhere else. According to readings cited by deccanchronicle.com,...

Bahamas tourism boom set to impact property market

An improvement in tourism prospects for the Bahamas is also set to have a positive effect on its housing industry, twtrp.jp reports. The Bahamas have long been a favourite tourist spot for travellers from across the world. Now, with holiday bookings to the islands buoyant, it could also soon become a property hotspot. Whilst the archipelago (which is made up of around 700 islands) has no official property...

Australian property market growth slows

The Australian property market has experienced significant growth in recent months but all this could be coming to an end, according to the latest figures released by RP Data-Rismark. The data released revealed that house prices in Sydney grew just 0.1 per cent over November, after previously growing at least one per cent each month in the past six months, with the exception of August. Another key city in...

One fifth of Brits own a second property abroad

Around a fifth of Brits have taken the plunge and bought an overseas property, localuknews.co.uk reports. New research conducted for the Telegraph Weekly World Edition found that around 20 per cent of Brits now own a foreign property, be it for permanent residence or as a holiday home. Not only that, this figure could be set to rise further still over the coming years, as a consistently strong pound...