April House Prices in London See a Record Rise of 4.2%
Submitted by Jitendra Tiwari on Mon, 06/02/2014 - 04:38
The price of houses in England as well as Wales has witnessed high return rate in about four years, revealed the figures that were released by the Land Registry.
As per the most recent figures from the Land Registry, house prices in London jumped up by 4.2% during April, assisting the overall rate of price inflation to drive at the rate of 1.5% in England and Wales.
Low interest rates result in house approvals
Submitted by Kunal Garg on Thu, 01/09/2014 - 10:57
A strong growth in house building approvals is a heartening sign of economic growth ahead, as low interest rates continue to motivate the housing market.
On Thursday, the Australian Bureau of Statistics said approvals for the construction of new homes fell 1.5 per cent across Australia in November, but were up 22.2 per cent over the year to November.
House prices soar in Auckland
Submitted by Ajay Saxena on Wed, 01/08/2014 - 11:58
Barfoot and Thompson, Auckland's biggest real estate agency says the average price of a house in the city has never been this high.
The realtor said, the average sale price rose to $700,387 in December, from $684,646 in November and was $624,015 in December 2012. This is thought to be a result of lack of supply before heading into the peak summer season.
During the Second Half of 2013 House Price Inflation Accelerates
Submitted by Apoorva Prasad on Sun, 01/05/2014 - 09:29
According to the latest Nationwide House Price Index the average price of a house across Wales rose by 2.9% to £139,722 across the last quarter in UK.
The lender mentioned that average house prices in the UK went up by 8.4 per cent during 2013 and by 1.4 per cent in December and that the increase in prices was “gaining momentum as the year progressed.”
Redfin survey says Just 65 Percent of Real Estate Agents Think It Is A Good Time To Sell
Submitted by Kunal Garg on Sun, 01/05/2014 - 09:23
When it comes to home sales, real estate agents, who deal directly with buyers and sellers, are in a position to know firsthand what is on the minds of both the groups.
Redfin, real estate brokerage says its latest survey of real estate agents points out it is still a good time to sell, but less if compared to preceding quarters.
House prices rise 10% in 2013 Australia’s capital city
Submitted by Ajay Saxena on Thu, 01/02/2014 - 08:39
Australian home prices soared almost 10 per cent in 2013, boosted by a record-low cash rate.
Property market was the strongest in Sydney, helping to deliver the strongest year of national capital city prices since 2009. House values moved up by 14.5 per cent in Sydney in 2013, pushing the city's median dwelling price to $655,250, according to the RP Data-Rismark December Home Value Index.
