Property News
CML figures shows dip in UK mortgage lending in November
Property Wire - 17 Dec 2015 13:08
Gross mortgage lending in the UK reached £19.9 billion in November, some 9% lower than October’s lending total of £21.9 billion, the latest data shows. But the figures from the Council of Mortgage Lenders also show t...
Auckland sees residential construction work double in four years
Property Wire - 17 Dec 2015 17:31
The value of construction in most regions in New Zealand increased in the third quarter of 2015 with Auckland seeing a new high of $943 million worth of residential work, up $107 million from a year ago. Overall building...
Slick Jamaica Plain proposal would look right at home in Kendall Square
Boston - 17 Dec 2015 16:52
A nonprofit and a development partner want to build a mix of affordable and market-rate apartments and a small amount of retail across from the Jackson Square T stop in plans filed this week at City Hall
Number of British homes worth £1 million or more up 14% since beginning of year
Property Wire - 17 Dec 2015 12:36
The number of home owners in Britain whose property is worth £1 million or more has increased by 75,796 or 14% since January, according to the latest research. This 14% rise over the past year takes the total number of ...
House and rent prices set to soar in the UK, outlook report suggests
Property Wire - 17 Dec 2015 10:05
House prices in the UK are set to soar by 50% and rental prices by over a quarter by 20025, according to an outlook report from two key real estate organisations. At the same time the number of households renting is set ...
Hilton to Spin Off Hotel Properties Into REIT
Wall Street Journal - 17 Dec 2015 03:44
Hilton Worldwide Holdings Inc. plans to spin off its hotels into a real-estate investment trust, a move that has become popular among casino, restaurant and retail companies looking to slim down and boost their stocks.