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Three things government could do to support the housing market now

Three things government could do to support the housing market now

by Third Party | Feb 9, 2023 | International Real Estate News, Real Estate News

Source: MPA Mag —  With the housing market enduring a period of turmoil, along with the expiration of Help to Buy, there is now a conversation to be had on what the government might do to help stabilise or support the market. When it comes to any potential new...
London house prices fell by £11,000 on average in January

London house prices fell by £11,000 on average in January

by Third Party | Feb 8, 2023 | International Real Estate News, News/Current Events

Source: Metro —  London house prices fell by an average of £11,000 in the first month of 2023, according to new data.  The average value of homes fell by roughly £11,073 from £541,472 to £530,396 in January compared to the month before. According to new data...
A Strong Dollar Has U.S. Buyers Flooding Overseas Housing Markets

A Strong Dollar Has U.S. Buyers Flooding Overseas Housing Markets

by Third Party | Feb 8, 2023 | Industry Updates, International Real Estate News

Source: Mansion Global —  John and Felicia Magliula are self-acknowledged adventurers, but now that they have two young daughters, they’re settling down. Just not in New Jersey where they grew up. “We decided we wanted to move to the Caribbean and St. Croix rose...
Mortgage demand to hit 12-year low as high interest rates hammer borrowers

Mortgage demand to hit 12-year low as high interest rates hammer borrowers

by Third Party | Feb 8, 2023 | Industry Updates, International Real Estate News

Source: The Telegraph —  Mortgage demand will hit a 12-year low this year as high interest rates pummel borrowers. UK mortgage lending will grow by just 0.4pc in 2023, the slowest rate since 2011, according to economic forecaster the EY Item Club. Anna Anthony,...
Dutch housing update: house prices, transparency and borrowing

Dutch housing update: house prices, transparency and borrowing

by Third Party | Feb 7, 2023 | International Real Estate News, Real Estate News

Source: Dutch News —  2023 has started up with a flurry of housing news, including a further drop in house prices and predictions of more to come. House prices are continuing to fall House prices fallen for five months in a row as rising interest rates reduce...
Cost of fixed-rate mortgages set to fall as UK inflation outlook brightens

Cost of fixed-rate mortgages set to fall as UK inflation outlook brightens

by Third Party | Feb 7, 2023 | Industry Updates, International Real Estate News

Source: Financial Times —  Interest rates on five-year fixed mortgages are set to drop below 4 per cent after the Bank of England suggested inflation may come under control sooner than expected, according to brokers. The central bank on Thursday raised its...
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