The London-listed company said it wants to save up to £25m in the coming financial year after profits fell 43pc to £97m due to a slump in its US wholesale business. The figures suggest homeowners are starting to win back confidence after repeated interest rate increases last year prompted many to delay putting their house on the market. Coles added that in the south, excluding London, “we’re seeing the impact of relentless eye-watering price rises over the past few years. As a result, affordability is a major problem, and we’re still seeing asking prices drop significantly”.

• Green financing for three CPIPG office assets CPI Property Group Poland has successfully concluded a green refinancing transaction with Aareal Bank amounting to more than €277 million for three office properties in Warsaw.
• Developers are capitalising on this growing market by selling villas with a carpet area of 1,500 sq.
• If you’re in the market for a vacation home on the island, you might be in for a sticker shock, as sale price and rental rates for these properties have soared to eight-year highs, showing…
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Compared with a year ago, total listings were down in those capital cities 6.3 per cent, 9.4 per cent, 23.2 per cent and 0.5 per cent respectively. ‘If we look in Sydney and Melbourne, the number of listings has been higher year-on-year every single month since July last year,’ Mr Kusher said. New listings were up 40.4 per cent year-on-year across all capital cities. We are also announcing a cost action plan across the group, targeting savings of £20m to £25m.

Why this home in NSW selling is on the market for less than $50,000

On the property supply front, new listings coming on to the sales market increased for a fourth successive month, with a net balance of +13% of respondents noticing a pickup in new instructions in March. EProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors. If you’re buying a house in Cyprus, you’ll need to keep up with the latest developments in the market. Our coverage includes everything that buyers need to know, including forecasts, new regulations, and the hottest trends. Here, we’ve rounded up all the need-to-know stories from the housing market.

Uluwatu is home to some of Bali’s best beaches and the cliff top views are simply breathtaking and populated with luxury resorts or private villas. Bali tourism recovered almost at warp speed, at least in the South of the island. These are all topics people are wondering about these days when considering whether or not to get invested on this beautiful island.

Everything you need to know about buying a holiday home

Sometimes, large cut-off prices can also mean a sham deal that compromises quality. So, find true developers that do not only propose properties at decent price points but also prioritize quality at the top of their business. No promises are given, but you know that the investment you’re about to make with them will take you to absolute high returns in monetary value in the long run. Historical data show that the increase in building material prices has not been fully transmitted by developers to house prices. This represents a 13% rise year-over-year and is the second consecutive quarterly increase after a slump lasting seven quarters.

• Raw materials, especially steel and cement are seeing a spike in price.
• Homes took an average of 16 viewings to sell in 2023Research focusing on the residential property market has revealed that it took an average of 16…
• The integration of existing retail locations and modernization has recently increased compared to the…
• As a result, affordability is a major problem, and we’re still seeing asking prices drop significantly”.

Investors are showing caution ahead of tomorrow’s US inflation data, while a speech by Bank of England governor Andrew Bailey will also be closely watched for hints about the next interest rate decision. The FTSE 100 is languishing close to a one-month low as investors look ahead to key US inflation data tomorrow. All measures of activity were higher than last year, said the property company. Animal Logic co-founder Zareh Nalbandian has paid $12 million for a Byron escape after selling his animation studio to streaming giant Netflix.