housing-market
FinanceUK House Prices Edged up by 0.1% in January, Nationwide Says
FinanceEurocell Flags Tough Market Amid Subdued Housing Repair, Maintenance Activity
FinanceUK Rents Outside London Fall for First Time Since Pandemic, Rightmove Says
FinanceSpain's PM Sanchez Floats Ban on non-EU Citizens Buying Properties
Portugal’s Property Deals Hit Record, Adding to Shortage of Affordable Homes
Date: December 23, 2024
LISBON (Reuters) – The value of Portuguese homes that changed hands in the third quarter rose 28% to a record 9.05 billion euros ($1.04 billion), potentially aggravating a shortage of affordable housing, as interest rates in Europe retreated from all-time highs. The National Statistics Institute said on Monday almost 41,000 homes were sold in the...
Spain Probes Holiday Home Platform in Crackdown on Tourism Rentals
Date: December 18, 2024
By Inti Landauro MADRID (Reuters) -Spain has opened an investigation into an unidentified holiday apartment renting platform for failing to delete thousands of rental offers in another attempt to curb a business blamed by many for housing shortages and soaring prices. The probe is part of a general crackdown on tourism rentals via sites such...
Rent in England Hits Record High in 12 Months to November, Ons Says
Date: December 18, 2024
LONDON (Reuters) -The average rent for residential properties in England rose at their fastest annual pace on record, according to official figures on Wednesday that also showed an increase in house prices. Private sector rents in England rose by 9.3% to an average of 1,362 pounds ($1,727.97) in the 12 months to November, the strongest...
UK Property Asking Prices Fall, Headwinds Remain for 2025, Rightmove Says
Date: December 16, 2024
By Suban Abdulla LONDON (Reuters) – Average asking prices for newly listed houses and apartments in Britain fell by 1.7% in December, but activity was robust for the time of year as movers aimed to complete sales before property purchase taxes rise in April, property website Rightmove said on Monday. Rightmove’s data is not seasonally...
Factbox-The Six Milestones Starmer Says Will Define Success of UK Government
Date: December 5, 2024
By Andrew MacAskill LONDON (Reuters) – British Prime Minister Keir Starmer on Thursday announced six priorities intended to convince dissatisfied voters he was addressing their concerns after his approval ratings have plunged since Labour’s national election victory in July. Below is a list of what he called “milestones” he wants to achieve by the next...
Norway Eases Loan-To-Value Mortgage Limit to 90%
Date: December 4, 2024
OSLO (Reuters) – The Norwegian government will ease its loan-to-value restriction on mortgage lending, the finance ministry said on Wednesday, loosening a policy that had constrained borrowing and led to a decline in the construction of new homes. The revised rule set a maximum loan-to-value mortgage ratio of 90%, up from 85% previously, requiring borrowers...