Households perceive that the value of their home rose in November, according to the House Price Sentiment Index (HPSI) from Knight Frank and Markit Economics.
A more challenging domestic and global economic outlook means the immediate threat of interest rate rises has receded.
Prices in prime outer London fell in October, ending a period of 40 consecutive months of growth.
After three rounds of policy interest rate reduction by a cumulative of 75 basis points (bps) and a permanent lowering of property acquisition tax from 2-4% to 1-3% (see Figure 2), house prices have finally turned the corner and begun edging upwards in September 2013.
The Chennai residential market is one of the steadiest in India.
The once-buoyant residential market of the National Capital Region (NCR) is currently reeling under the immense pressure of high unsold inventory.
The global spotlight will shine this weekend in Australia, as leaders from the world’s most influential economies gather for the G20 Leaders Summit in Brisbane, Queensland.
The average value of a home within a mile of one the top 50 best performing schools in England is 16.6% higher than average values in the surrounding Local Authority, according to research by Knight Frank.
I recently did a short piece for the FT looking at how the cost of London living is pushing the finances of many young people to the brink.