UK property prices drop in June

The Halifax house price index has reported that the prices of residential UK property decreased by 1.2 per cent in June compared to the previous month. House prices in the UK saw an overall increase of 4.5 per cent in the first half of 2006, however, and a rise of 2.6 per cent in the second quarter

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UK property prices increase in May

The government has released its UK House Price Index for May 2006, showing that inflation in the UK property market rose to 5.6 per cent from 5.1 per cent in April. Wales was the only country in the UK to see a fall in inflation in May, to 5.1 per cent from the level of 6.6 per cent the previou

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Maltese property prices continuing to rise

Prices of Maltese property are currently on an upward trend and showing no signs of easing, according to overseas property agents Tribune Properties. The prices of property in Malta were reportedly the highest of all EU members in 2004 and have continued to increase since then, with government figur

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Prices rise in US property sector

The US property sector is experiencing a rise in prices as the market across the Atlantic continues to boom. According to real estate experts in the country, property prices in areas popular with British second home owners, such as Florida and California, rose up to 11 per cent in a year. In Califor

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Chinese property market booming

The Chinese property market is in a period of substantial growth, with large amounts of overseas property investment coming into the country, according to reports. Industry observers in the area have attributed recent rises in property prices to an expanding inflow of foreign capital to China's real

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Bulgarian property boom continues

Property prices in Bulgaria have risen by almost five per cent in the first quarter this year, according to the Real Estate and Investment Forum (RINVOR). The Eastern European country is fast becoming a property hotspot, with many overseas investors seeing potential for high returns on rental proper

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Truro tops UK property rise table

The town of Truro has beaten off competition from some of the bigger cities to register the highest increase in residential property price per square metre (psm) in the UK. Although London remains the most expensive city to live at £3,582 psm, and Oxford comes second with an average £2,7

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China to rein in house prices

The Chinese government has announced its intention to bring in measures designed to stop the Chinese property market from overheating. An executive meeting of the State Council reached the conclusion that more needed to be done to stem the rising house prices in China's major cities, the state media

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