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UK Mortgage Rate Hits 15-Year High

UK Mortgage Rate Hits 15-Year High

by Phil Hall | Jul 11, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The U.K.’s average two-year fixed residential mortgage rate reached 6.66% today, the highest level since August 2008 when it soared to 6.94%. According to a Reuters analysis of data from Moneyfacts, today’s rate is slightly above the 6.65% from last October that was...
The World’s Most Livable City Is…

The World’s Most Livable City Is…

by Phil Hall | Jul 10, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Austrian capital of Vienna and the Syrian capital of Damascus are literally worlds apart, according to the new survey by The Economist of the world’s most livable cities. The survey rated living conditions in 173 cities across five categories: stability, health...
Irish Home Asking Prices Up After Three Quarterly Declines

Irish Home Asking Prices Up After Three Quarterly Declines

by Phil Hall | Jul 10, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The median asking prices for homes in Ireland shot up by 4.3% during the second quarter, marking the first increase after three consecutive quarterly declines. On a year-over-year basis, asking prices are up 2.2% According to data from the Irish property resource...
The City With the Most Luxury Home Sales Is…

The City With the Most Luxury Home Sales Is…

by Phil Hall | Jul 7, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The capital of the global luxury home market during the first quarter of this year was Dubai, according to a new data analysis from the real estate consulting group Knight Frank. Working with the definition of luxury homes being residences costing $10 million and up,...
Toronto Home Sales and Average Selling Price Up Year-Over-Year

Toronto Home Sales and Average Selling Price Up Year-Over-Year

by Phil Hall | Jul 6, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Last month’s home sales and the average selling price in the Greater Toronto Area (GTA) were above last year’s levels, according to data from GTA Realtors. The GTA market recorded 7,481 sales through the Toronto Regional Real Estate Board’s (TRREB) MLS System, up...
Russians Are Buying Up Lithuanian Residential Real Estate

Russians Are Buying Up Lithuanian Residential Real Estate

by Phil Hall | Jul 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Russian citizens are on a real estate shopping spree – not in their own country, but in neighboring Lithuania. According to the Lithuanian national broadcaster LRT, Russians have purchased 297 properties in Lithuania during the first half of this year. Most of the...
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