Demand in the UK's commercial real estate sector is upbeat so far in 2017. Two trading updates from retail developer and manager Hammerson and Office developer Derwent London both pint to growth in leasing, sales and values.
UK house price growth accelerated for a third straight month in October, underpinned by a lack of property for ale as mortgage rates remain low and employment is high, the latest Halifax house price survey showed.
UK house price growth edged higher in October as a healthy economic backdrop and lack of property supported house price growth. the 2.5% annual increase is also supportive of a BOE rate hike announcement Thursday.
Real-Estate investors may need to search beyond the typical safe-haven cities to get the return they crave on their investment. Research from Knight Frank shows $1 million isn't enough to purchase an entire office floor in Hong Kong anymore.
London property price inflation continues to fall back while other UK regions perform more strongly, two separate surveys showed Monday. UK real-estate share prices, meanwhile, were all trading lower, mid-morning.
London house prices fell on the quarter in Q3 for the first time in 8 years. East midlands was the best regional performer, while online estate agency Purplebricks reported an upbeat trading update on its US launch and revenue goals.
Brexit has provided people with a lot to talk about. A lot of the talk has been negative, especially around the London property market, however property still represents a good investment if you invest in the right area.
One of the great barometers of the economic climate is the housing market, and perhaps more importantly, the lending that accompanies that. With lending to home buyers appearing to be on the increase, how bright does the future look?