Latest Auction Properties News Articles

10 May, 2012:

Hong Kong land sales suggest market is cooling

Land in one of the city's exclusive areas sold last week for less than expected, suggesting that Hong Kong's property market may be cooling down.

Dordogne dominates British buyers’ wish lists

The Dordogne dominates British buyers' wish lists, according to a new study.

Infinito Real welcomes reports that Portugal is "on track"

A recent report stated that The European Union, European Central Bank and the International Monetary Fund said that Portugal was on track and might be able to stop relying on emergency support by next year. Stephen Anderson, Managing Director of Portugal based estate agent Infinito Real, says that this is great news considering all the negative press surrounding a possible second bail-out for the country, and a reflection of additional signs of an improved economy.

Landlords "relieved" that squatting is a criminal offence

Landlords are "relieved" that squatting is soon to be a criminal offence in the UK. In a statement issued by the Landlord Syndicate this week, the support centre welcomed the news that squatters will face up to a £5,000 fine and a six-month prison sentence from 1st September 2012.

Asking price reductions reduce across UK

The number of properties in the UK with asking price reductions has reduced, according to Zoopla.

New Channel 4 home renovation series looks for participants

A new UK TV series about home renovation is looking for participants. If you have bought a renovation project or are about to renovating a property, then the new Channel 4 series could help you win £5,000.

Video - Take a tour round Dick Clark's Flintstone home

Legendary TV personality Dick Clark has put his Flintstone-inspired Malibu home on the market for three point five million dollars.

US market is at bottom, says mortgage expert

A mortgage expert has added his voice to the crowd of experts saying that America's housing market is reaching its bottom.

Demand for Thai homebuilding rises by 20pc

Demand for new build homes in Thailand increased by 20pc in the first quarter of 2012, the Thai Home Constructions Association has revealed.

Spain's bailout: Have we finally reached the bottom?

The chairman of Spain's third-largest bank, which holds €31.7bn of real estate, resigned this week, prompting speculation that the government will use €10bn to bail out the financial institution. But Spanish banks are also accused of over-valuing the property on their books. With property prices already thought to be lower than the official figures, how low can they go?

Recession, what recession? Agents deny double-dip impact

Agents are lining up to face the UK's recession head-on, denying the impact of the double-dip on the property market. Strutt & Parker believe that there is less reason to worry and that in reality the majority of buyers and sellers will be only marginally affected, while Barton Wyatt reported a 650pc increase in sales at the start of 2012.

09 May, 2012:

Forget Spain: Go to Romania, say experts

Investors are tipped to try Romania instead of Spain this year by property experts.

Brazil welcomes record number of international visitors in 2011

If the latest figures from the Brazilian Tourism Ministry are anything to go by, Latin America's largest country is enjoying a boom in international tourism with a record breaking 5.4 million visitors welcomed in 2011.

UK commercial property improves in April

UK commercial property performance improved in April, according to CBRE. The firm's latest UK Monthly Index reveals that there was a marginal increase in headline total returns, as capital value declines slowed, which allowed total returns to increase by 0.1 per cent compared to the previous month.

Video - Home Insurance: Where can you afford to save money?

If you have a mortgage on your house, your mortgage lender will require you to purchase home insurance as a condition of the loan to protect the bank if the home were to be destroyed.