The house price ‘Hail Mary’ that could boost Sunak’s election hopes

[ad_1] Capital Economics now expects price growth of 3pc this year, having previously forecast a 1.5pc drop. Pantheon Macroeconomics has also forecast that house prices will rise by 5pc between…

Time to buy a house? It might cost double the price

[ad_1] House prices and rents in the EU show significant trends that vary across the country, according to new official data. ADVERTISEMENT House prices and rents in Europe increased by…

Turkey’s home price so high even central bank governor can’t pay rent

[ad_1] “When even the head of the central bank cannot afford rent, what can public servants or minimum wage earners do?” Turkish citizens ask on social media. ADVERTISEMENT “We haven’t…

Swedish Housing Market Gets Good News as Prices May Have Bottomed

[ad_1] Sweden’s third biggest bank turned clearly more optimistic in its outlook for the country’s battered housing market, saying prices have bottomed out. Sweden — one of the worst-hit residential…

Where in Europe will the property market revive in 2024?

[ad_1] The rise of technologies, such as AI, and the solid growth in tourism-related sectors could drive Europe’s commercial real estate market next year, while the housing market struggles to…

Germany’s Scholz Tells Homeowners They Can Cope with 4% Rates

[ad_1] German Chancellor Olaf Scholz used a campaign stop in Bavaria as an opportunity to defend the recent interest rate hikes by the European Central Bank, telling homeowners they shouldn’t…

First-time buyers look for long-term loans to get on property ladder

[ad_1] One-fifth of first-time buyers in the UK wanting to get onto the property ladder are taking out mortgages of more than 35 years, according to UK Finance. ADVERTISEMENT That…

House prices continue to rise in Ireland – where’s best to buy?

[ad_1] The median price of a home in Ireland stood at €323,000 as of October, according to new figures. ADVERTISEMENT Residential property prices in Ireland continue to accelerate, both on…

Repossession looms for pricey UK property owners

[ad_1] More owners of very expensive property at the top end of the market are being repossessed, according to reports from estate agents around the UK. ADVERTISEMENT The past six…

Housing Doomsters Defied, For Now: The London Rush

[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. Remember all the gloomy predictions about the plunge in UK house prices…