Economics
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Benham & Reeves, Halifax, Zoopla, Savills, Knight Frank, LonRes & more...
Industry Reactions: Mortgage lending ticked up in August
Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.
‘Mixed fortunes’ for prime housing markets as pre-Budget nerves offset falling mortgage costs
"Prospective tax changes in the impending budget have caused buyers to become more cautious in the prime housing markets, offsetting the benefit of lower interest rates," says Savills.
Global real estate bubble risks deflate as ‘real housing prices in many cities have bottomed out’
Miami, Tokyo and Zurich are still at high risk of a housing bubble, warns UBS, while London, New York and Paris are deemed to be 'low risk'.
Tom Bill: Sellers move quicker than buyers this autumn as rates drop
Although more sub-4% mortgages are appearing, uncertainty ahead of the Budget means some buyers are hesitant, writes Knight Frank's head of UK resi research.
UK housing market ‘returns to growth’ with £88bn spent in Q2 2024
Savills research highlights a resurgence of mortgage lending and the highest level of first-time buyer activity in eight years.
Dollars & La Dolce Vita: How Europe’s luxury homes became the hot ticket for America’s super-rich
'We heard recently of an American couple who have bought houses in seven different countries in the past 18 months – and are keen to buy more': Top buying agent Philip Harvey explains what's driving…
Postcard from South Africa: ‘The future’s looking bright for the Rainbow Nation’s real estate market’
Berry Everitt of Chas Everitt shares a rosy view of the South African economy and property market, following the election of the Government of National Unity.
Property Industry Reactions: BoE holds interest rates at 5%
Today's unsurprising decision 'suggests that bringing interest rates down will be a test of stamina not speed,' notes Jackson-Stops boss.
Abrahmsohn on non-doms, £50k pw rentals & why October 30th will be a watershed moment
Next month's Budget could send shockwaves through every stratum of the property market, writes veteran agent Trevor Abrahmsohn.
America’s wealth dominance ‘hangs in the balance’ as global super-rich population booms
It's a "super-rich explosion", declares Henley & Partners, as the number of individuals with more than US$100mn to their name soars - but "the geography of extreme affluence is shifting".
Emma Fildes: Observations from the field
Market indices have given sellers false hope, reports buying agent Emma Fildes, and there is an air of desperation amongst those who went too big on price before the summer.