A new NAR leader, a jaw-dropping data revision and more Britons buying homes. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 19-23. Miss: Wright or Wrong, Part 1. Nine months after the National Association of Realtors...
London Mayor Sadiq Khan is pressing for newly elected U.K. Prime Minister Keir Starmer to provide him with billions to address the capital city’s need for more affordable housing. The Evening Standard reported that Khan has been pushing for a £2.2billion...
Two U.K. homebuilders have partnered with the Octopus Energy’s Zero Bills initiative to provide newly constructed residences fitted with green technology that will guarantee no energy bills for the homeowners. The three- and four-bedroom houses available at...
CoStar Group Inc. (NASDAQ: CSGP), a provider of online real estate marketplaces, information and analytics, has completed its acquisition of OnTheMarket, a residential property portal in the U.K., for approximately $125 million. OnTheMarket was founded in 2013 and...
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...
Bank of Canada Raises Rates for First Time Since 2023, Adding Pressure to H…
