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Average price of property in London nears £500,000

Average price of property in London nears £500,000

As per report in BBC, the average price of a home in London rose to £499,997 in September, as per the latest figures from the Land Registry.

Realty stocks face selling pressure; down up to 11%

Tracking the losses in these stocks, the BSE realty index fell by 4.91 percent to 1,673.48.

Home prices set to zoom as Delhi govt hikes circle rates

Home prices in the capital are set to go up further with Delhi government Monday hiking the circle rates -- the minimum valuation at which properties have to be registered -- by up to 20 percent with an aim to check black money component in sale and purchase transactions.

'Transparency, timely approvals can reduce home prices by 20%'

Priority sector housing loans should be increased to at least Rs 40 lakh per unit, he added.

Home prices near most affordable levels in over 30 yrs: HDFC

Home prices may have been on an upward spiral for many years, but the cost of owning a house in India remains near the most affordable level in over three decades, shows data compiled by mortgage giant HDFC Ltd.

Home prices fall in 8 out of 10 US cities

A real estate group says home prices fell in eight out of every 10 US cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals.