The swift increase in mortgage rates has seen buyer demand plummet by a third since the mini Budget in September, with house prices now set to drop over the coming months. Property site Zoopla said the spike in mortgage costs represents the largest rate shock for new buyers since the 1980s....
Property prices fall across South-east.Reports on home prices in London and Southeast England in March 2003. Percentage of price declines; Average house price; Outlook for the housing market.EBSCO_bspMoney Marketing
The CoStar indices are constructed using a repeat sales methodology, widely considered the most accurate measure of price changes for real estate. This methodology measures the movement in the prices of commercial properties by collecting data on actual transaction prices. When a proper...
Property prices in Hong Kong have been falling for nine months. In January, the property price index fell to its lowest point in more than 7 years. The Hong Kong Rating and Property Valuation Department announced on February 27 that the property price index fell to 306.4 in January, the ...
In greater Gothenburg and greater Malmo, prices have dropped 1 percent and 3 percent, respectively. Sandegren believes the growing availability of apartments is one of the reasons behind the price drop. More apartments are being built in Swedish cities so there is a greater supply of homes, but...
For resold homes, there were declines across the board in prices in December year on year, according to the data. NBS data released on Wednesday also showed that in 2023, property development investment stood at 11.09 trillion yuan (about 1.56 trillion U.S. dollars), with investment in reside...
CANBERRA, July 26 (Xinhua) -- Property prices in Australia have fallen over the past 12 months for the first time in six years, a report has revealed. The national median property price fell one percent in the 12 months to the end of June 2018, according to a report published by proper...
House prices have been sliding in 2023, with the slump now impacting house prices in more than 80% of all markets in the UK. Latest data from Zoopla shows fewer properties are being purchased as a result of higher mortgage costs and the cost of living denting household budgets. ...
Higher borrowing costs are deterring many Europeans from buying a house, leading to a sharp drop in demand for mortgages, which is driving downpricesand pushing up rental costs. Commercial property prices are falling even faster in Germany and much of Europe, while construction of new houses, of...
Central London property prices dropped almost 5 per cent in the 12 months to March, the largest annual fall in three and a half years, as the UK’s poor economic outlook and fears of a further decline in the housing market stopped wealthy buyers from committing to deals. ...