Spanish banks will have to put a “huge quantity” of repossessed homes on the market over the next few months, said Juan Iranzo, Managing Director of the Institute of Economic Studies (IEE), during the presentation of a new book on the Spanish economy and housing market, sponsored by the savings bank Bancaja.
According to Iranzo, the [...]
Posts under ‘Market’
Future housing conference – Council of Mortgage Lenders
Future housing conference information
24 February 2010
Conference time: 0845hrs – 1630hrs
Background
The CML compile and publish a range of statistics on the UK housing and mortgage markets including key data on mortgage lending, arrears and possessions and market segments such as buy-to-let. This unparalleled knowledge and insight into the important role housing plays in the economy is [...]
Latest Bank mortgage lending figures may point to slower January – Council of Mortgage Lenders
The latest Bank of England mortgage data published today confirms the likelihood that there may have been a “bunching” of house purchase transactions in December to beat the stamp duty concession deadline.The gross lending total of £13.4 bn in December 2009 was in line with the CML’s estimate (£13.5 bn) and seems to confirm the CML’s view that much activity was “rushed [...]
Effects Of The End Of The Stamp Duty Holiday – Decision Homebuyers Report
London, England (Jan 11, 2010) – Decision Homebuyers, one of the UK’s most trusted and flexible home buying specialists, comment on the impending end of the stamp duty holiday and the effects it will have on the current housing market conditions.
Surveyors in the West Midlands, East Midlands, Wales and Scotland predict that the end of [...]
USA – Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit
Washington – Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.4 percent to a seasonally adjusted annual rate1 of [...]
Help is still at hand for Stamford Homes first time buyers
ALTHOUGH the past few months have seen a return to the UK housing market by first time buyers, research still suggests that more than a quarter believe it will take them five years to raise a deposit.
A recent study of more than 3,000 potential first time buyers reveals that 28 per cent feel they will [...]
Don’t let the cost of Christmas put you off buying a new home
IT’S not only the tingling of jingle bells many of us hear over the festive season – but the ringing of the tills as we spend our way through the festive season and well into the January sales!
However, for potential buyers who are putting off moving until after Christmas, buying a brand new dream home [...]
Nationwide: House prices edge up further in November
• House prices rose by 0.5% in November, the same rate as in October
• Year-on-year house price inflation increased from 2.0% to 2.7%
• Labour market has so far held up better than expected
Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist, said:
“The monthly rate of house price inflation was unchanged in November at a seasonally [...]