housing-market
Top StoriesUK Home Asking Prices Rise, Tax Cuts to Spur Demand: Rightmove
Top StoriesUK Housing Market Keeps Momentum but Slowdown Ahead: Halifax
Top StoriesUK House Prices Speed up but Slowdown Coming, Nationwide Says
Top StoriesIrish House Prices Return to 2007 Peak for First Time
The 2022 Housing Market: Opportunities and Obstacles?
Date: August 11, 2022
By Vadim Toader, CEO & Co-Founder, Proportunity Buying a property isn’t just an investment – it’s a home. A place to laugh, cry, raise a family and sometimes a place where you can simply chill out on the sofa. A place of safety and security. Many however saw their plans of moving into their dream...
A Year of Struggle as an Afghan Family Builds a New Life in California
Date: August 11, 2022
By Brittany Hosea-Small and Kristina Cooke SACRAMENTO, Calif. (Reuters) – Najib Mohammadi had high hopes for his life in the United States when he, his pregnant wife Susan and two small children left Afghanistan in July 2021. But for most of the past year, the family has lived in a cockroach-infested, one-bedroom apartment in Sacramento...
UK House Prices Fall for First Time in 13 Months, Halifax Says
Date: August 5, 2022
LONDON (Reuters) -House prices in Britain fell the first time in more than a year in July in monthly terms and the market is likely to weaken further as interest rates go up and the cost-of-living squeeze tightens, mortgage lender Halifax said on Friday. Prices, which recently hit record highs, edged down by 0.1% from...
Purplebricks Slumps to Annual Loss, Shares Tumble
Date: August 2, 2022
By Aby Jose Koilparambil and Yadarisa Shabong (Reuters) -Purplebricks on Tuesday reported an annual loss as Britain’s biggest online-only estate agency struggled with implementing a new operating model and faced a challenging housing market, sending its shares down more than 10%. The UK housing industry, which fared strongly during the pandemic due to government support...
UK’s Purplebricks Says Housing Supply to Stay Challenging; Posts Fy Loss
Date: August 2, 2022
(Reuters) -Britain’s biggest online-only estate agency Purplebricks reported an annual loss on Tuesday, mainly hurt by hurdles in implementing a new operating model and said it expects supply in the housing market to remain challenging. Purplebricks changed its business model in 2021 by making its sales agents permanent employees, while a Money Back Guarantee pricing...
UK’s Barratt Misses Home Completion Target, Shares Tumble
Date: July 14, 2022
By Aby Jose Koilparambil (Reuters) -Barratt reported fewer home completions than expected for fiscal 2022, sending shares in Britain’s largest homebuilder down 4% on Thursday despite a profit forecast slightly above estimates. The sector has faced sharp rises in energy prices and building materials such as steel as well as along with supply chain constraints...