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| Articles about House Prices |
| Cyprus house prices slip by only 0.4% in Q2 | | 2008-08-13 05:00:00 | | House prices in Cyprus held up in the second quarter compared to other European markets and despite worsening global and local economic conditions, according to the latest quarterly BuySell Home Price index.In the period April to June 2008, the BuySell Home Price Index recorded a marginal decrease of 0.4% compared to the first quarter, bringing the year-on-year increase to 12.9%.Home prices rose by 0.3% in April, 0% in May and declined by 0.7% in June.The increase since January is 2.8%.The BuySell Home Price Index closed at 143.02 (June 2008), bringing the average home price in Cyprus to EUR 190,391 (CYP 111,431).The BuySell Home Price Index was created and is updated monthly on behalf of BuySell Cyprus Real Estate by MAP S. Platis. The Index is announced quarterly and depicts the movement of prices at which residential properties are sold in Cyprus, based on the extensive BuySell Cyprus Real Estate database.
... | | By: Cyprus Real Estate News | | |
| | Greater Vancouver house prices drop slightly | | 2008-07-04 13:10:00 | | Lower Mainland house hunters are now in a buyers market with prices that have eased slightly off of earlier-year highs in many markets, according to the latest report from the Real Estate Board of Greater Vancouver. The region saw 2,425 sales registered through the Multiple Listing Service in June, the board reported, a 43-per-cent decline from the same month a year ago. At the same time, owners listed 6,546 properties, an 18 per cent increase from the same month a year ago.
... | | By: Vancouver Real Estate News | | |
| | Cyprus house prices seem to defy global trends | | 2008-05-06 03:21:00 | | Prices rose by 1% month on month in February and by 3.6% in January, more than covering for the December 1.9% fall.The BuySell Home Price Index closed at 143.64 units in March 2008, bringing the Average Home Price in Cyprus to EUR 191,216 (CYP 111,914).The BuySell Home Price Index is the only house price index in Cyprus. It was created and is updated monthly on behalf of BuySell Cyprus Real Estate by MAP S. Platis.The Index is announced quarterly and depicts the movement of prices at which residential properties are sold in Cyprus, based on the extensive BuySell Cyprus Real Estate database.
... | | By: Cyprus Real Estate News | | |
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| UK House Prices Fall On Yr 1st Time Since 06 | | 2008-04-29 02:52:00 | | U.K. house prices posted their first annual decline in more than two years in April as economic uncertainty and the global credit crisis further reduced activity in the residential property market, housing valuation company Hometrack said Monday.House prices fell an average 0.6% in April, the seventh consecutive monthly fall, after dipping 0.2% in March, it said. On the year, prices fell 0.9% after rising 0.4% in March, the first drop since February 2006 and the weakest performance since they slumped 1.0% in January 2006."While the availability of finance is impacting on demand in certain segments, the reality is that weak confidence is effectively resulting in a buyers strike with households sitting on the sidelines and waiting to see how events unfold," Hometrack Director of Research Richard Donnell said in a statement.
... | | By: London real estate news | | |
| | A survey has found that London is becoming unpopular with investors due to rocketing house prices | | 2008-03-26 06:19:00 | | Estate agent Knight Frank recently said house prices in the capital were rising at a rate of more than 30% annually during 2007.The Urban Land Institute (ULI), which concentrates on the use of urban land in order to enhance the total environment, has established that London has dropped to fifteenth place with regard to investment prospects and thirteenth place in terms of development prospects.In the past, London has been branded ‘a long-term favourite’. According to a spokesperson for the organisation, it is a measure of the sentiment of investors and developers which reflects that London, relative to other markets in Europe, has become exceptionally expensive.
... | | By: London real estate news | | |
| | Cyprus house prices rise 19.2% in 2007 | | 2008-01-31 05:21:00 | | Residential house prices in Cyprus accelerated during 2007 according to the latest results from the BuySell Home Price Index, rising by 19.2% for the whole year compared with 6.6% in 2006.The BuySell Home Price Index closed at 139.06 units for the year, bringing the Average Home Price in Cyprus to CYP 108,344 (EUR 185,117).However, they ended the year on a negative note, slipping by 1.9% in December over the previous month.
... | | By: Cyprus Real Estate News | | |
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| Vancouver house prices can't keep rising forever | | 2008-01-14 18:27:00 | | While Vancouver's downtown real estate market may be immune from global economic forces, it has a market depth, especially for luxury real estate, probably deeper than most other B.C. markets.Perhaps the Okanagan is also a market unto itself, somewhat immune from outside economic forces. Albertan oil money has had a huge impact on fuelling demand for properties in Kelowna, Penticton and Osoyoos.
... | | By: Vancouver Real Estate News | | |
| | Cyprus house prices hit another record | | 2008-01-09 14:13:00 | | Residential property prices in Cyprus hit another record in November as prices rose by 21% year on year, according to the BuySell Home Price Index. This is the highest year-on-year increase recorded by the index, which began in 2004.The BuySell Home Price Index rose for an eleventh consecutive month to 141.69, recording a significant monthly increase of 2.5%, compared with a month-on-month increase of 3.7% in October.In the year to date, prices were up by 21.5%, compared with a more modest increase of 5.9% in 2006.
... | | By: Cyprus Real Estate News | | |
| | Biggest drop in house prices for 12 years points to cooling market | | 2007-12-01 10:18:00 | | UK house prices tumbled in November at their sharpest rate for more than 12 years, figures from a leading mortgage lender showed yesterday, in yet another sign that higher interest rates and the credit squeeze are taking the steam out of Britain's housing boom.The figures raised expectations among analysts that the Bank of England may cut interest rates when it meets next week, bringing some much-needed relief for first-time buyers.
... | | By: London real estate news | | |
| | Spain house prices rise at slowest rate since '98 | | 2007-10-19 12:12:00 | | Spanish house prices rose 5.3 percent in the third quarter, the slowest pace since 1998, government data showed on Wednesday, marking a gradual slowdown in one of Europe's hottest home markets.Price growth was down from 9.8 percent a year ago and below the 5.8 percent increase in the second quarter but ahead of most private sector analysts' expectations.
... | | By: Spain real estate news | | |
| | House Prices Rising in Canada | | 2007-09-25 15:40:00 | | Canada House prices have shown signs of a continued strength despite worries across the border in the United States. The Canadian Real Estate Association (CREA) has predicted record numbers of sales for 2007 and increasing prices for existing houses. With the rising prices, many people are looking to invest in property, either to build now or for future use. The Canadian financial newspaper The Financial Post indicated in a recent article that home prices in the 25 largest markets reached an average price of just over $332,000 CND. With prices rising so much across the country, new construction is at all time highs and many are looking to invest in undeveloped property. The city of Saskatoon, in the western province of Saskatchewan, for example, is offering a five-year tax break on new condominium construction to help speed new units.
... | | By: Canada Real Estate News | | |
| | London Rightmove House Prices Fall Most Since 2004 | | 2007-09-24 17:56:00 | | London house prices fell the most since 2004 this month after five interest rate increases in a year and turmoil in financial markets sapped buyers' confidence, according to a Rightmove Plc report. The average asking price for a home in the U.K. capital declined 2.5 percent from August to 384,439 pounds ($774,000), according to Britain's biggest real-estate Web site. The reading is taken from a survey conducted from Aug. 12 to Sept. 8. For the U.K. as a whole, prices fell 2.6 percent, Rightmove said. Growth in London property values is faltering after the collapse of the U.S. subprime mortgage market triggered losses in securities linked to the loans and spurred banks to raise lending rates. The turmoil is piling pressure on consumers, already finding it costlier to pay loans after the Bank of England raised its key rate to a six-year high in July.
... | | By: London real estate news | | |
| | Canadian house prices at risk of dropping | | 2007-09-13 14:51:00 | | A hot Canadian housing market has lifted prices above their long-term trend, raising risks of an eventual drop in prices, says Scotiabank. The evaluation is made in the latest Real Estate Trends report, released Thursday by Scotia Economics. "There is little doubt that current trends are unsustainable," said Adrienne Warren, senior economist for Scotia Economics. "Affordability is becoming increasingly stretched for many would be buyers after almost a decade of rising home prices.
... | | By: Canada Real Estate News | | |
| | London House Prices Fell for the First Time in a Year | | 2007-08-21 01:39:00 | | Bloomberg - London house prices fell for the first time in a year this month, a sign higher interest rates are cooling Britain's property boom, a Rightmove Plc report showed. The average asking price for a home in the U.K. capital slipped 0.1 percent from July, the first drop since August 2006, to 394,268 pounds ($777,575), Britain's biggest real-estate Web site said in a statement today. The survey measured 150,000 properties listed for sale in the four weeks through Aug. 11.
... | | By: London real estate news | | |
| | England house prices grew by three per cent between June and July | | 2007-08-13 00:02:00 | | Rising house prices in London are continuing to drive annual price inflation across the property market, new figures have revealed. Annual rate of house price inflation across England and Wales hit nine per cent in July, down from 9.1 per cent in the previous month, according to the latest house price index published by the Financial Times (FT).However removing London data from the analysis brings the annual rate of house price inflation down to 7.3 per cent, stressed the consultancy firm which compiles the figures based on existing Land Registry data.
... | | By: London real estate news | | |
| | | House prices 'to soar 40 per cent within next five years' | | 2007-08-07 04:06:00 | | England house prices are predicted to show a startling rise of 40 per cent within five years hitting a national average of more than £300,000. The prediction comes from the National Housing Federation,(NHF) which says the rise will come despite Government promises to massively step up house building.
... | | By: London real estate news | | |
| | House prices increasing in France | | 2007-07-26 00:28:00 | | Rightmove Overseas has said it has received 251,824 French property searches last month alone with popular provinces including Brittany, Normandy and Languedoc-Roussillon.In addition, the south of France is emerging as the most popular region with investors and holidaymakers seeking a traditionally French way of life and hot temperatures.
... | | By: france real estate news | | |
| | England House prices rise modestly in June | | 2007-06-20 00:53:00 | | LONDON (Reuters) - Asking prices for homes in England and Wales picked up modestly from mid-May to mid-June but property inflation held below peaks scaled earlier this year, a survey showed on Monday. Property web site Rightmove said prices rose an annual 13.2 percent during the month. This compares with the previous month's 13.1 percent rise and four-year highs of 15 percent in late March/early April.
... | | By: London real estate news | | |
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