House Prices

The university towns where house prices have risen an average 22pc in three years

In the same time it took this year's graduates to study a typical three-year degree course, properties in 65 university towns across the UK grew in value by an average 22.5pc, or around £39,000.<p>Guildford, home to the University of Surrey, saw the biggest house price growth – increasing in value by …

Real Estate

Home prices are up in areas with the biggest risk of a natural disaster

If people are more worried about living in places with a high risk of flooding, hurricanes and wildfires, it hasn’t shown up in home prices.<p>During the housing recovery of the last five years, median home prices have risen 65 percent in areas with the biggest risk of natural disaster, compared to 45 …

National Flood Insurance Program

D-FW's hot home market is still getting red flags from analysts

Wall Street analysts are keeping Dallas-Fort Worth on their watch list of markets where housing prices are out of whack.<p>New York-based Fitch Ratings …

Business

London's Million-Pound Homes Push More Buyers Into Mortgages

More home buyers are resorting to mortgages to purchase London’s most expensive houses and apartments as rising prices drag them into higher tax …

Real Estate

Home Prices Soar in Disaster-Prone Areas

It’s been a bad few weeks for natural disasters. A series of hurricanes ripped through Texas, Florida, and the Caribbean, killing hundreds and …

Real Estate

Why won’t Trudeau stop real estate scammers?

Prime Minister Justin Trudeau is getting a rough ride for going after doctors and small-business types allegedly exploiting the tax system to their benefit.<p>Perhaps Mr. Trudeau would get more brownie points pursuing those gaming the real estate sector, people who are leaving a far more critical …

Real Estate

The Bubble Investors Least Expect

Investors worrying the stock market is too high and due for a decline need to recognize that it is not speculative growth stocks driving the rally, …

Finance

London house prices: Property market hits slowest level in eight years

The London property market is at its slowest in eight years with a third of owners selling their homes for less than their original asking prices, …

Real Estate

Home Prices in Disaster-Prone Parts of the Country Are Rising

Images of waterlogged or wind-whipped homes in Houston and Southern Florida might give a would-be homebuyer pause for thought — but new data actually shows the exact opposite: The threat of natural disaster does not deter Americans from moving to the riskiest areas.<p>Analysis from ATTOM Data …

Business

Thirty-year fixed mortgage rate rises to 3.83 percent

WASHINGTON (AP) — Long-term mortgage rates rose this week, lifting the 30-year fixed mortgage from the lowest levels of 2017.<p>Mortgage buyer Freddie Mac says the 30-year fixed mortgage rate was 3.83 percent, up from 3.78 percent last week and above last year's average of 3.65 percent. The 15-year …

Mortgages

How Safe Is Your City From Natural Disasters? You Might Be Surprised

Mother Nature's fury has been devastating—and deadly—over the past few weeks, with Hurricanes Harvey, Irma, and, now, Maria, as well as two powerful …

Business

Build-to-rent ‘a potential game-changer’

Kim Rawson, regional director Illawarra, Property Council of Australia.<p>View More Local Business<p>List Your Business Here<p>The Property Council’s …

Housing

Surging stock market powers US wealth to $96.2 trillion

WASHINGTON (AP) — A healthy gain in the stock market and steadily increasing home prices boosted Americans' household wealth this spring, a trend that likely adds to the nation's inequality.<p>The Federal Reserve said that Americans' net worth rose 1.8 percent to $96.2 trillion in the April-June …

Finance

Seattle is in the eye of the housing affordability storm

The rising cost of housing in America's most desirable "creative" cities troubles Richard Florida, urbanist thinker and author. In those cities, the …

Housing

College towns feel pinch from rental sites like Airbnb

CAMBRIDGE, Mass. (AP) — Time was when renting an apartment in one of this college town's funky triple-deckers or two-family homes wouldn't cost an arm and a leg.<p>Now, renting in Cambridge can feel like that — something critics say is made tougher by short-term rental websites like Airbnb, through …

Business

London’s estate agents fear the effects of slow growth and Brexit

“It’s like being lost at sea without being able to see the coast in any direction,” says Ian Ailes, director of Andrew Scott Robertson, an estate …

Real Estate

LA home prices kept climbing in August

For the fifth month in a row, they’ve reached an all-time high<p>Another month, another home price record broken.<p>According to real estate data tracker CoreLogic, the median sale price in Los Angeles County reached $580,000 in August, shattering an all-time record for the fifth month in a row. That …

Real Estate

Real estate up to 30pc overvalued in Sydney, Melbourne: economist

House prices in Australia's two biggest capital cities are between 25-30 per cent overvalued, according to a leading economist, but he only expects a …

Australian News

Beware, Philadelphia: Amazon could drive up housing prices

When Amazon announced its search for a second North American headquarters, government officials, developers, and residents in cities nationwide …

Real Estate

Southern California home prices jump again. Lots of residents worry about affordability

The Southern California real estate market continued to sizzle in August as home prices jumped 7.5% from a year earlier, reinforcing new poll results showing widespread concern about the state’s housing affordability.<p>Across the six-county region, the median price increased to $500,000 from $465,000 …

Real Estate

Fifth consecutive monthly house price fall in August as more signs emerge of London market dragging

London house prices recorded the biggest average fall of any region in England and Wales in August, according to new data, as the squeeze at the top …

Real Estate

How young homebuyers are walking into a debt TIMEBOMB

Figures buried in an official report show banks are lending more money to borrowers who can barely afford to get on the property ladder than at any …

Mortgages

August home prices dip amid strong sales

The median price of an Orange County home dipped to $685,000 in August, down $10,000 from the 2017 price peak reached in May and June, home data firm …

Real Estate

Australian house prices are still climbing at rates that would make most assets blush

Italy’s Lisa De Martini climbs during the semi-final of 2017 International Federation of Sport Climbing (IFSC) Climbing World Cup in Briançon on July …

Economy

A lot rides on how Sydneysiders react when the housing boom ends

Sydney's traditional spring property trading season is well under way but there are signs the city's five-year housing boom is losing steam.<p>Last …

Australian News

Melb, Sydney house prices 'continue to lift'

Home prices across Australia's capital cities have continued to lift, rising 10.2 per cent in the year to June, thanks to strong growth in Sydney and …

Cost of Living

A coffee a year: How much Australian incomes have grown since 2008

The failure of wages to match the pick-up in employment across the country has left Australian workers hopelessly behind the levels seen between …

Economy

US housing starts fall 0.8 pct., a 2nd straight monthly drop

WASHINGTON (AP) — Homebuilders slowed their pace of construction by 0.8 percent in August, the second straight monthly decline.<p>The Commerce Department says housing starts fell last month to a seasonally adjusted annual rate of 1.18 million. A 5.8 percent drop in groundbreakings for multi-family …

Business

Dallas and Fort Worth rank among top U.S. markets for housing recovery

As a testament to the region’s healthy economy, both the Dallas and Fort Worth housing markets have fully recovered — and then some — from the price …

Texas

Despite Recent Slowdown, Hong Kong Home Prices Predicted to Finish 2017 with Double-Digit Gain

But luxury residential homes will underperform the mass market, Knight Frank says<p>Hong Kong home prices are predicted to increase by double digits by …

Real Estate