Property Market News

We scour the Internet to retrieve the latest property market news.

House Sales Seen to Rebound After Election

Veteran housebuilder Taylor Wimpey plc sees a promising rebound in the local property markets but remains cautiously guarded about its future for the moment. 

Expats in shock – homes sold at Auction

Home owners in North Cyprus are in shock as their properties are sold at auction. Thirteen homes already sold with more to follow.

Leading London Property Buyers Launch Industry Defining Website.

LONDON, UK: The London Property Buyers has unveiled its new website to make it even easier for people to sell their property whatever their situation.

China’s housing market - fantastic interactive resource

The Wall Street Journal has excelled itself with this superb resource providing background on the Chinese housing market (bubble?)

Housing and the British Economy

Here are some charts of recent developments in the UK housing market and some revision notes on the impact of the housing recession on macroeconomic performance

iProperty.com Welcomes New Chief Executive Officer: Former REA Group Senior Manager Joins IPGA

The iProperty.com Group, Asia’s leading network of property portals and owner of Malaysia’s No.1 property website has announced the appointment of Shaun Di Gregorio as the company’s new CEO.

UK Housing Market Affordability Reaches Seven Year High

New research released today by leading property website Zoopla.co.uk reveals that the fall in house prices and mortgage rates over the past couple of years has resulted in UK housing affordability at its highest level since 2003.

Latest Market Indicators Reveal Positive Outlook

A market update from Countrywide, the UK’s largest Property Services Group

CKD Galbraith Ayr seminar: Prospering in the property market recovery

Scotland’s leading independent property consultancy, CKD Galbraith, will host a discussion event at the Savoy Park Hotel in Ayr at 7pm on Tuesday 2 March on how to prosper during the property market recovery.

Five Signs That Your Street Is On The Up And Up

With the property market in a constant state of flux, buyers must be careful when they purchase a new piece of land or a home or office block.Perhaps you don’t need to move in order to up the value of your portfolio.

Revision Presentation - Housing & the UK Economy in 2010

This new revision presentation examines the links between the housing market and the UK economy. Launch revision presentation Download printable slide handout

50-year decline in housing affordability

The BBC website has a summary of the key points in a report issued by the Halifax about the housing market over the last 50 years. The main headline is that houses have become less affordable, with the average annual price rise of 2.7% outstripping the 2% annual rise in incomes over the period. There have been 4 periods of boom in house prices: 1971-73, 1977-80, 1985-89, and 1998-2007, with the greatest acceleration in the last decade. In 1959 the average house cost £2,507 (compared with an average price in December 2009 of £162,103 according to Nationwide Building Society) and about 14% of them did not have an indoor toilet (compared with 0.2% in 1996). In 1967 22% of houses did not have a basic hot water supply, and built-in central heating was a rare facility. 

CKD Galbraith says cash buyers will drive property market recovery

One of Scotland’s leading independent property consultancies, CKD Galbraith, which has a dedicated office in Ayr, is cautiously optimistic that ‘cash-buyers’ will help drive recovery in the Scottish property market over the forthcoming year.

2010 Predictions on the International Property Investment Market by Property Frontiers

What an amazing year 2009 has been. Although the world of property and investment seemed to have been turned upside down recently; the final year in the noughties produced a plethora of exciting investment opportunities.

Phuket Luxury property market

Phuket Luxury property market and resale market revieuw.