European Housing Showing Signs of Recovery
Signs of recovery are visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review.
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Eurozone interest rates kept on hold
For the eight consecutive month the European Central Bank has decided to keep interest rates on hold.
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UK and European interest rates stay on hold
Both the Bank of England and the European Central Bank (ECB) have decided to keep their respective base interest rates on hold.
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ECB leaves interest rates on hold
European Central Bank President Jean Claude Trichet has suggested that the beginning of the end of the recession is now in sight for the eurozone economies.
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European interest rates also on holdThe European Central Bank has decided to keep its base interest rate on hold this month at 1% amid signs of possible growth in the eurozone economies later this year.
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Euro interest rates kept on holdInterest rates in the Eurozone economies have been kept on hold at at 1.0% for another month following the European Central Bank’s regular meeting.
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ECB leaves interest rates at 1%The European Central Bank (ECB) has decided to leave interest rates unchanged at 1 per cent for the month of June, but announced it has downgraded its growth forecasts for the euro zone.
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House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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