There was a sixth consecutive quarter of growth in the volume of house sales, according to a new housing monitor. The Irish Banking Federation says the report points to a continued stabilisation in prices. The report draws on published data on the residential housing market to provide a composite analysis on where the market may [...]
In today's market, when your house goes on sale, you become vulnerable to the entire world. That “For Sale” sign on your front lawn and your listing on real estate websites let everyone know that your home is for sale. While this attracts potential buyers, you could also make your home a target for people [...]
Official statistics have shown there were almost 5,000 residential property sales in the last three months of last year. Prices rose by an average of 4% in 2013, but growth slowed towards the end of the year, according to the latest Northern Ireland Housing Bulletin. The Department of Social Development, which produces the quarterly bulletin, [...]
Foreign investment in Spain’s housing market in 2013 was the highest for nine years, at €6.45 billion (US$8.95 billion), up 16% on the previous year, according to the Bank of Spain. British nationals were the biggest buyers with 15.1% of total foreign residential property purchases. The French bought 9.84%, the Russians 8.58%, and Belgians with [...]
Buying a home in the UK will set you back £235,000 on average, according to the latest figures published this morning by the Office for National Statistics (ONS). “But hold on a minute,” I hear the news-hounds among you say. “Yesterday I read that it was much higher than that.” And indeed you may have. [...]
SEVEN years ago, Rob Taylor's three-bedroom West Bridgford home was worth £170,000. Following a large kitchen extension, its value shot up to between £210,000 and £220,000. And now that the property's valuation has climbed even higher, much to the surprise of Rob and his wife Sarah. He said: "We are looking to move to somewhere [...]
The number of buyers chasing each property in England hits highest level since 2008 in the first quarter of 2014, research shows. Some 12 buyers are chasing each new property coming on the market, an increase of over 20% compared to the 9.7 buyers in the first three months in 2013, according to the latest [...]
A filthy Birmingham property has been sold for its asking price – despite shocking sales pictures of wall-to-wall squalor. Advertising shots of the property in Short Heath Road, Erdington showed unmade beds, washing up left in the sink, filth on kitchen worktops and a rubbish-strewn living room. The property has been snapped up for almost [...]
House purchases continue to account for vast majority of new mortgage approvals The latest figures from the IBF Mortgage Approvals Report, published by the Irish Banking Federation (IBF), show that 1,494 mortgages to the value of €252 million were approved in the three months ending February 2014.* The following are the key elements: A total [...]
The average house price rose by £2,500 in February - the largest monthly rise in 21 months. The latest House Price Index from LSL Property Services/Acadametrics shows that the average price climbed to £257,951 – a new record high. Alongside this, monthly sales are set to reach 66,000 - another record, as the highest February [...]