Real Estate

From Real Estate 5:29 am

Stamp duty changes push up UK mortgage activity

As expected, the end of the stamp duty concession led to a surge in activity in the mortgage market in the UK March, according to new data released today (Wednesday 16 May) by the Council of Mortgage Lenders.

US Housing Starts

From Economy 9:07 am

US April Housing Starts Rebound, But Permits Fall

U.S. builders began work on more homes than expected in April, government figures showed on Wednesday. But the data suggested that builders might also be slowing their future construction plans.

Andrew Cuomo

From Education 5:03 pm

New York School Budget Votes Could Send Tax Revolt Clue, Weigh Cuomo Popularity

New York’s suburban and upstate voters Tuesday are determining the future of their property tax rates and could also weigh on the standing of Democratic Gov. Andrew Cuomo.

A construction worker works on the framework for a single family home currently under construction in Los Angeles

From Economy May 15

NAHB Builder Confidence Index Rises To Five-Year High In May

Homebuilder confidence in the U.S. single-family home market rose to a five-year high in May as buyer traffic increased and sales improved, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Tuesday.

From Real Estate May 14

Santander joins the UK govt

UK Housing Minister Grant Shapps today (Monday 14 May) welcomed Santander's decision to start offering mortgages under the government’s NewBuy Guarantee scheme.

From Real Estate May 11

Residential property prices and sales continue to rise in New Zealand

Residential property values in New Zealand continued rising in April and sales are still strong, according to the latest QV index.

From Real Estate May 11

The Netherlands’ Housing Slump Continues

After four years of housing market slump, in early-2012 house prices in the Netherlands continue to fall.

From Real Estate May 10

Mortgage Rates Increases: Wrong Questions, Wrong Answers?

Nothing excites Australians like house prices and mortgage rates. It is no surprise, therefore, that the recent decision by major banks to increase interest rates 'outside the cycle' - that is independently of the Reserve Bank of Australia (RBA) - has led to hyperventilation among consumers and politicians.

Freddie Mac

From Economy May 10

Freddie Mac Names Donald Layton CEO

Freddie Mac (OTC: FMCC), the second-largest U.S. mortgage guarantor, said Thursday it was appointing Donald Layton, the former head of E*Trade as its CEO.

From Real Estate May 10

European commercial property markets remain cool

Commercial property investment markets in Europe remained in the deep freeze in the opening quarter of 2012 with volumes 31% down on the previous quarter at €25.