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...So far, its lending has funded 1,800 homes. It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...Across the 37 industrialised OECD countries, nominal house prices grew 2.1 per cent in the third quarter of 2023 compared with the previous three months, up from near stagnation at the start of last year...
...Signa documents show the four properties were valued at €1.2bn late last year, but people familiar with the matter warn that selling them now may lead to discounts of 50-70 per cent....
...Year on year, the average asking price rose 1.7 per cent across all property types, the highest annual rate in 12 months, according to the portal....
...0.1 per cent....
...This comes as average UK house prices decreased 0.2 per cent in the year to February to £281,000, having fallen 1.3 per cent in January....
...House, Matlock, £1.85mn Where Near Matlock, Derbyshire’s county town....
...With the Bank of England raising interest rates from 0.1 per cent at the end of 2021 to 5.25 per cent last summer in a bid to tame inflation, “affordability in London has deteriorated more than elsewhere...
...That is one way to look at Kering’s decision to spend €1.3bn on a building in Milan’s iconic Via Montenapoleone. To be fair, buying freeholds in key locations is not a new trend in the luxury sector....
...A typical borrower who took out a two-year fix at 1.6 per cent in 2022 will face a 42 per cent increase in their monthly payments, according to calculations by Zoopla, the property portal....
...Higher borrowing costs on mortgages prompted some landlords to pass on increases to tenants or sell their properties....
...Gucci owner Kering has bought a retail block on Milan’s top shopping street from Blackstone for €1.3bn in Europe’s biggest property deals for two years, as intense demand from luxury groups helps high-end...
...House, Tenby, £1.8mn Where Tenby, a charming harbour town in south Pembrokeshire, known for its dune-backed beach and medieval town walls....
...The property site forecasts that 1.1mn homes will be sold in 2024, up 10 per cent on last year’s total....
...UK house prices fell for the first time in six months in March, according to the lender Halifax, surprising economists and adding to signs of inconsistency in the property market recovery....
...Twelve months before it was 10.1 per cent....
...House, San Miguel de Allende, $1.3mn Where In the historic centre of San Miguel de Allende, which has two international airports within 100km....
...What A 1,600 sq m villa, two apartments and buildings including a chapel....
...But analysts said the property market was on the mend....
...Excluding London, Bristol had the highest average private rent of £1,734 compared with an average in Great Britain of £1,238....
...New York’s property supply crunch has brought vacancy rates down from almost 4.5 per cent in 2021 to 1.4 per cent, below the pre-pandemic rate of 3.6 per cent, according to the New York City Comptroller....
...Eastbourne, which has one of England’s highest rates of deaths of despair, is a pressing example: 49p from every £1 of the council’s existing budget is being spent on temporary accommodation....
...In a study published last year, Transparency International’s Spain arm said the country had granted 2,700 visas to Chinese citizens and more than 1,100 to Russians....
...Prices for new and second-hand homes in China’s major cities declined in February as the country’s property downturn deepened....
...development, according to government officials and the property tribunal....
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