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Property News

Location American Property News for 24 May 2016

Property Debt Mounts Up in U.K.

Wall Street Journal - 24 May 2016 17:15
A rise in U.K. commercial real-estate lending last year has pushed the total amount of outstanding property debt higher for the first time since 2008.
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Prices hit a record high, offering further evidence of a pick-up in economic growth early in the second quarter.
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The funds are placing a large number of 'short' wagers on Australia's biggest banks, among the world's most profitable, suggesting the lenders might be headed for trouble.
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Sam Zell said he's investing less because he sees fewer opportunities and selling more because he doesn't get buyers' optimism.
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The number of homes for sale drops as demand outstrips supply and potential sellers bow out.
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Mark Zuckerberg's residence is set for an overhaul, with plans to downsize surrounding houses, according to documents.
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Despite ongoing inventory shortages and faster price growth, existing home sales in the United States have sustained their recent momentum and moved higher for the second consecutive month. The latest data from the Natio...
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Toll Brothers' revenue rose nearly 31 percent, as the company sold more luxury homes at higher prices, mainly in the West market and California.
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Households across the UK perceive that the value of their home rose in May, according to the latest house price sentiment index to be published. Some 25.6% of the 1,500 households surveyed for the index from Knight Frank...
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Property prices per square metre have risen by 432% in Greater London against a national average increase of 251% over the past two decades, according to new research. Although London dominates the country's list of most...
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Some 64% of aspiring home owners in the UK rent a property before they pick up the keys to their very own home, new research has found. Saving a deposit is one of the biggest financial hurdles facing potential first time...
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