Gap widens between London and elsewhere as prices fall in 2011, Land Registry figures show
The average house price in the north east of England has fallen below £100,000 according to official figures from the Land Registry which reveal a widening chasm between London and the rest of the country.
In England and Wales, the average property fell in price by 1.3% across the whole of 2011 to £160,384, with prices in December flat compared to the same month a year ago.
But in the north east, an area ravaged by public spending cuts...
Small rise in London prices offsets declines in other regions, after falls of 0.2% nationally in November and December
Britain's housing market got off to a slow start to the year as the usual seasonal slowdown was exacerbated by weak consumer confidence.
House prices were flat in January, after falls of 0.2% in November and December, according to a survey of 1,500 estate agents and surveyors by the property analysis firm Hometrack. Nationally, prices have not risen month-on-month for a year and a half.
Analysis of top property markets by PricewaterhouseCoopers finds London struggling to retain status as gold standard of real estate
Istanbul, Munich and Warsaw are the new hotspots for property investors and developers, as much of Europe remains mired in a vicious cycle of low or no growth, mounting debt and drastic austerity measures.
London – usually seen as the gold standard of real estate – has lost some of its allure and is now just hanging on at the bottom of the top 10, according to a report by PricewaterhouseCoopers and...
The latter part of 2012 could be the right time to invest in real estate in Panama, with one expert in the country expecting property prices to begin to rise from 2013.
In an article for The Panama Report, Kent Davis, from Panama Equity Real Estate, explained that values are likely to fall by between 10 and 20 per cent in Panama City this year, largely as a result of the number of construction projects coming to an end.
However, he went on to predict that prices will pick up again in 2013, and this will happen "in a manner never seen before due in part to a...
The value of real estate transactions completed in Abu Dhabi in 2011 reached AED 42.9 billion (£7.5 billion), authorities in the emirate have revealed.
Adel Hussain, a media consultant for the municipality, told Gulf News that this represents a five per cent increase compared to the volume of deals recorded in 2010.
Acting executive director of municipal services Awaidah Al Qubaisi told the publication there is now more positive sentiment surrounding property in Abu Dhabi than there was 12 months ago.
