Rents in Australia more or less static in second quarter of 2019


National weekly rents in Australia increased by 0.3% over the second quarter of 2019, slower than the 1% increase the previous quarter and level with rental growth over the June 2018 quarter. The latest rent review from CoreLogic also shows that capital city rents were 0.1% higher over the quarter and 0.1% lower year on […]

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Average rents in UK up 2.3% year on year, led by South West


The average rent in the UK increased by 2.3% in the year to July 2019 to £959, with growth covering all regions, the latest lettings index shows. When London is excluded, the average rent in the UK is now £794, up 2.2% on last year and the growth is in line with inflation, according to […]

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Semi-detached homes have seen best price growth since 2008


Semi-detached homes have outperformed other types of residential property in the UK in terms of price growth since the financial downturn in 2008, according to new research. This type of property has seen price growth of 35.07% from the average house price of £162,201 following the financial crash to £291,087 today, the study from estate […]

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Rents rise across Britain in 12 months to July apart from in the Midlands


Average rents on newly let properties in Britain increased by 1.9% in July to reach £982 per calendar month with Scotland seeing the strongest growth, according to the latest agency index. The data from Hamptons International shows that rents in Scotland rose by 5.2% in the year to July to an average of £683, followed […]

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Property prices increased in most metro areas in the US in the second quarter of 2019


Most metro areas in the United States saw price gains while the supply of homes for sale grew only marginally in the second quarter of 2019, according to the latest research from realtors. Single family median home prices increased year on year in 91% of measured markets in the second quarter, with 162 of 178 […]

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Study rates university cities for rent and yields


The UK’s best universities for affordable rent and high rental yields are revealed in a new study with the cheapest rents found near Lancaster and Aberdeen universities. Using data from PropertyData, research by flat-sharing website Ideal Flatmate, looked at the average monthly rent for the first half of the postcode of the top 50 universities. […]

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Sales increase in prime central London and price decline slows


Sales in the prime central London market increased by 4% in the second quarter of 2019 compared with the first three months of the year and are set to keep rising in the next 18 months, according to the latest analysis. The number of properties being marketed also increased, up 3%, and despite prices falling […]

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Outlook for property prices turned negative again in July


Some of the improvement seen in near term expectations for property sales and prices have partially reversed, with the outlook for prices turning negative again, according to the latest residential survey Buyer enquiries increase marginally for the second consecutive month in July although sales remained flat, says the residential market survey from the Royal Institution […]

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Study reveals up to half of older home owners using equity release for debt


Up to half of older home owners are using equity release to repay debt as they struggle to meet payments, a new analysis has found. The study by independent equity release advisor Key, using customer data, suggests that 30% of people are using equity release to repay unsecured debt while 20% are using it to […]

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Mortgage advisers point to increase in interest only business


Intermediary mortgage advisors are seeing an increase in new mortgage introductions from customers looking or interest only loans. They say that interest only mortgages comprised 20% of new business introduced in the second quarter of 2019, down from a peak of 28% in the second quarter of 2007 but significantly higher than 15% recorded five […]

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