Property News
Weaker pound may spur UK luxury real estate after referendum
CNBC - 29 Jun 2016 15:55
The U.K.'s housing market is seen taking a knock in the wake of the Brexit vote, but the forecast depreciation in sterling may spur investment.
Chinese Buyers Look Again at U.K. Property
Wall Street Journal - 29 Jun 2016 05:30
As turmoil continues to grip U.K. markets, some in China are beginning to eye British property for potential bargains.
Easier monetary policy could weaken Brexit effect on UK real estate
Property Wire - 29 Jun 2016 04:54
The hit to UK real estate sentiment that many experts predict will be sparked by the vote to leave the European Union may be limited by easier monetary policy, it is claimed. While uncertainty in the run up to the refere...
Pending home sales down 3.7%, marking first annual drop in two years
CNBC - 29 Jun 2016 16:00
The final push of the spring housing season turned out weaker than expected. Contracts to buy existing homes fell 3.7 percent in May.
UK monthly property price growth slowed to 0.2% in May, activity expected to slow further
Property Wire - 29 Jun 2016 15:54
Residential property prices in the UK edged upwards by just 0.2% in May in the run up to the historic vote on the future of the country in the European Union, according to the latest index. This meant that annual price g...
Demand for homes in UK falls to three year low, according to estate agents
Property Wire - 29 Jun 2016 14:53
Uncertainty created by the UK’s decision to leave the European Union has triggered demand for property to fall to the lowest level seen in three years, according to a new report. The number of house sales agreed in May...
UK remortgage figures up in May, but uncertainty could now creep in
Property Wire - 29 Jun 2016 14:36
Last month was the best May for remortgaging since 2008 but uncertainty and volatility are now expected following the decision by the UK to leave the European Union. Remortgaging reached £5 billion in May and the number...
Before Brexit storm, mortgage applications fell 2.6%
CNBC - 29 Jun 2016 13:00
Before the British vote, total U.S. mortgage application volume decreased 2.6 percent last week.
GIC in Talks to Buy Owner of Manufactured-Home Communities
Wall Street Journal - 29 Jun 2016 06:02
Singapore sovereign-wealth fund GIC is negotiating to acquire Denver-based Yes Communities, an owner of manufactured-housing communities, in a deal valuing Yes at more than $2 billion.