Irish house prices will rise by 4.5% over the next 12 months, according to estate agents who are members of the Society of Chartered Surveyors Ireland (SCSI). This is up on the 1% increase which SCSI agents forecast for 2024 back in January. According to the latest SCSI Mid-Year Market Monitor released in August…
Read MoreThe average rent (including running costs) in Austria was €9.8 per square metre per month in the second quarter of 2024, up 1.0% compared to the previous quarter and 5.4% compared to the second quarter of the previous year, Statistics Austria data showed on Thursday (Sept. 5) “Residential rents in Austria rose again in the…
Read MoreRents in England heading into summer unswing
Rents heat up ahead of the summer across England, the latest Rental Index from Goodlord has revealed. Rents rose in May to hit a new seven-month high of £1,183, rising by 6.4% year-on-year. This is a rise of 1.4% compared to April’s figure of £1,166, the proptech said. It’s also the highest rent average recorded…
Read MoreNatives of the coastal city of Limassol are being priced out of the property market in their hometown by wealthy foreigners, Agence-France Presse (AFP) notes in a reportage. In 2022 there was a 30% increase in real estate sales transactions (contracts deposited at the Land Registry) with Limassol achieving the greatest number of sales, followed by Paphos,…
Read MoreToronto and Frankfurt exhibit the most elevated risk levels on housing markets, according to the UBS Global Real Estate Bubble Index. Risks are also elevated in Zurich, Munich, Hong Kong, Vancouver, Amsterdam, Tel Aviv, and Tokyo, the yearly study which analyzed residential property prices in 25 major cities around the world reveals. In the US,…
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