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Official house price index highlights sales slide in London and beyond

first_imgHome » News » Housing Market » Official house price index highlights sales slide in London and beyond previous nextHousing MarketOfficial house price index highlights sales slide in London and beyondONS data shows double-digit reductions in sales are driving significant price inflation.Nigel Lewis21st March 20170971 Views The total fee slice taken by London estate agents each month dropped by over £20 million between 2015 and 2016, the latest house price index reveals.Today’s figures from the Office of National Statistics (ONS) reveal that the number of completed sales during November 2016 compared to November 2015 fell from 9,800 to 6,400.This, based on an average fee of 1.5%, saw agents’ total revenue for the two Novembers dip from just over £67 million in 2015 to £47 million last year.Completed house sales across England also reduced during the same period, down by 21.2% to 62,500 from 79,300.This reduction in supply is the main driver behind buoyant house price figures, most commentators agree. The figures for completed sales, also released today, show prices rising by 6.2% over the past year.The average price for a property in London is now £490,700 compared to £234,800 in England and £145,900 in Wales, the index says.“With only a week to go until Article 50 is triggered, house prices remain indestructible as the average person is paying £13,000 more to own a home than the same time last year, reflecting the health and buoyancy of the UK economy seen in the last few months. This certainly chimes with our own data,” says Paul Smith, CEO of Haart (pictured, left).“But low supply does have an important role to play in rising prices. If the Government could finally stick to their word and act to substantially boost house building across the UK to meet the needs of families, downsizers and first-time buyers, we could certainly see the UK property market going from strength to strength in the upcoming months.“While the Government is focused on the EU we must not lose sight of the challenges here at home.”Jonathan Hopper (picture, right), Managing Director of Garrington Property Finders, strikes a more cautious note.“While the lack of supply is steadily nudging up average prices, pragmatic vendors are realising that this is anything but a seller’s market. Astute buyers are increasingly able to ask for, and secure, sizeable discounts,” he says.“Buyer confidence is not unlimited though, and on the front line we’re seeing that house hunters, though committed, are highly price-sensitive.”haart House price index Garrington Property Finders Jonathan Hopper ONS Paul Smith March 21, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more


first_imgFacebookTwitterCopy LinkEmailShare We hope that today’s “Readers Forum” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way?WHATS ON YOUR MIND TODAY?Todays“Readers Poll” question is: If the election was held today for the Indiana United State Senate who would you vote for?Please take time and read our articles entitled “STATEHOUSE Files, CHANNEL 44 NEWS, LAW ENFORCEMENT, READERS POLL, BIRTHDAYS, HOT JOBS” and “LOCAL SPORTS”.  You now are able to subscribe to get the CCO daily.If you would like to advertise on the CCO please contact us [email protected]: City-County Observer Comment Policy.  Be kind to people. No personal attacks or harassment will not be tolerated and shall be removed from our site.We understand that sometimes people don’t always agree and discussions may become a little heated.  The use of offensive language, insults against commenters will not be tolerated and will be removed from our site.last_img read more

Taking the baton

first_imgEarly last April, I pulled a pristine crimson folder from a tattered envelope to find the hard copy of my Harvard acceptance.  Still euphoric from the news of my admission over email several days earlier, I flipped through the folder until I came upon a flyer about the April Visiting Program.The page explained that the April Visiting Program, now called Visitas, was a time when newly admitted students visited the College to experience Harvard’s academic, social, and extracurricular offerings firsthand.  Within hours, I had signed up for a host through Harvard’s website and had booked a flight to Boston. Though I did not realize it at the time, the people and activities I would stumble upon over that weekend would set me on the trajectory to my current Harvard life.Pre-frosh weekend was a dream. In addition to attending panels, dances, and dining hall meals, I got to glimpse the aspects of college life unique to Harvard. I managed to hear the “Ten Thousand Men of Harvard” song 10,000 times as the band made an appearance at every event I did. I attended the a cappella jam on the sunny steps of Widener Library and watched a stellar student-written play in the Adams Pool Theatre. All in all, though, the other students I met proved to be Harvard’s best advertisements. Hourlong meals in Annenberg Hall exposed me to bright-eyed people enamored with the world around them. This was a group I wanted to remain connected with.Though gilded in my memory, the weekend certainly was not perfect.  I made some amateur mistakes like forgetting to pack long-sleeved clothing (whoops) and wandering around Harvard Square in search of a mystical Earth Day event at the MAC Quad that I never actually found. Despite these blunders, I now look back on the weekend and realize that those three short days determined more about my current Harvard lifestyle than any other sessions I have had at the College since. Chance encounters that occurred over April Visiting Weekend set in motion much of my Harvard reality.Almost every component of my academic, extracurricular, and social life this year can be directly traced to a conversation or event that happened that weekend. To begin with, I met most of my close friends through the Freshman Arts Program (FAP) during freshman pre-orientation. A varsity athlete in high school, I never would have even considered applying to participate in an arts program at Harvard were it not for the rave reviews the program received from my visiting weekend host Alex. First semester of my freshman year, I took the lessons I learned through participating in FAP and stepped outside my comfort zone for a second time by joining the Pan African Dance and Music Ensemble, a group whose mesmerizing performance in the pre-frosh weekend talent show inspired me to want to learn more about African culture. African dance is an unheard of pastime back home, but it quickly became one of my favorite activities at Harvard.I also attended English Professor Louis Menand’s stellar “Art and Thought of the Cold War” class over pre-frosh weekend. The lecture was so captivating that I looked up the readings after class last year and subsequently decided to take the class this semester.  My positive experiences looking at mid-20th century art through the lens of the Cold War have pushed me to consider History and Literature as a viable concentration. Were it not for pre-frosh weekend, it is possible that none of these components of my current life would have come to fruition.Realizing how vital the weekend was to helping me imagine what my Harvard world could encompass, I chose to get involved with the Undergraduate Admissions Council this year and help coordinate the weekend for next year’s freshman class. Only months after attending the weekend as a student, I am now revising the budgets and the schedule for this year’s program.  I have gained an appreciation for the many logistics that go into making the first impressions of Harvard so warm. Someone needs to order those 29 gallons of ice cream served at the Sunday Sundaes event; someone needs to find speakers for panels and recruit groups to perform in the arts showcases.A good first impression requires effort, and with Harvard’s many tourists and prominent public image, that effort needs to be sustained all year long, but never more than during admit weekend: the time when the future of Harvard first visits the University. It’s times like these when first impressions set the trajectories for life.If you’re an undergraduate or graduate student and have an essay to share about life at Harvard, please email your ideas to Jim Concannon, the Gazette’s news editor, at [email protected]last_img read more

Lord Chancellor plans commonhold revival

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Arsenal immediately shut down in bid to sign Kevin Malcuit

first_img Metro Sport ReporterThursday 31 Jan 2019 5:11 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link310Shares Arsenal were interested in signing Kevin Malcuit (Picture: Getty)Arsenal have failed with a bid to sign Napoli defender Kevin Malcuit, according to reports in France.Hector Bellerin’s season-ending knee injury forced Unai Emery to delve into the market for reinforcements at right-back and Malcuit, 27, emerged as potential target for Arsenal this January.The Gunners made their interest known with an approach for Malcuit and the Frenchman’s agent hinted at a possible move to north London before the transfer deadline.However, France Football suggests Arsenal’s move for Malcuit was immediately rebuffed and the club will have to look elsewhere for cover at full-back.ADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityThe report claims that Napoli president Aurelio de Laurentiis swiftly shut Arsenal down when they asked about Malcuit.AdvertisementAdvertisementMalcuit is beginning to nail down as spot in Carlo Ancelotti’s starting XI at Napoli after fighting off strong competition from Nikola Maksimovic and Elseid Hysaj. Advertisement Bellerin has been ruled out for the season (Picture: Getty)Bruno Satin, Malcuit’s agent, confirmed that there had been interest from the Premier League when asked about the recent transfer rumours.‘There’s a London club who are looking for a right-back. They asked about Kevin, but there’s no question of him leaving Napoli,’ Satin told Radio CRC‘Arsenal? It could be them, but not necessarily. He’s happy with Ancelotti and in Naples.’ Advertisement Unai Emery has only signed Denis Suarez so far this January (Picture: Getty)Charlie Nicholas slammed Arsenal’s transfer policy following the club’s loan deal for Barcelona’s Denis Suarez.‘I’m happy with anyone at the moment if I’m being honest because this Arsenal transfer policy is a joke, it really is a joke – ever since David Dein left the building,’ the former Arsenal forward told Sky Sports.‘I’m confused because we all need defenders, they’re hard to get. Liverpool spend £70million getting one of the best and we don’t seem to identify this.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves‘We’re the ninth richest, we were the 6th richest last year and we can only get loan deals.‘I don’t care if this manager likes this player [Suarez] or not but please Arsenal, get some defenders in.’ Comment Arsenal immediately shut down in bid to sign Kevin Malcuit Emery speaks after his Arsenal’s 2-1 win over CardiffTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 7:09FullscreenEmery speaks after his Arsenal’s 2-1 win over Cardiff is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.MORE: Unai Emery blocks Eddie Nketiah’s deadline day exit after Arsenal fail to land wingerlast_img read more

Lendlease’s Springfield Lakes precinct The Peninsula popular among buyers

first_imgSpringfield Lakes land buyers James and Larissa Carter with children Oliver, Hugo and Arabella.The last lots of Lendlease’s Springfield Lakes precinct The Peninsula are being snapped up by buyers.Fewer than 50 lots remain at the unique island-like address, and range from 375sq m to 650sq m.According to the National Land Survey Program, Ipswich land sales have increased 24 per cent from calendar year 2015 to 2016.Larissa Carter and her family, who bought in The Promenade at Springfield Lakes 12 years ago, have bought their second property – on The Peninsula waterfront.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019 “We would always walk by the lake and say our next home would be to that side of the lake, right on the lake and we are doing just that – building our dream waterfront home,” she said.“We are a family of five and value for money is really important.“The waterfront block will be a great investment for our family.” Managing director of Lendlease’s Communities business in Australia, Matthew Wallace, said that The Peninsula offered some of the best land in the area.“Buyers are definitely looking for more choice, affordable price points and an enviable lakeside lifestyle with great amenities on their doorstep,” Mr Wallace explained.“Springfield Lakes is leading the way in masterplanned communities, offering a place to belong – an excellent opportunity for residents to live, work, learn and play.” The Peninsula at Springfield Lakes is about 30km from the Brisbane CBD and 17km from Ipswich CBD.last_img read more

Large suburban home perfect for growing family

first_img115 Pallert St, Middle Park.A large family home at Middle Park is sure to impress buyers looking for plenty of space to spread out.The freshly painted four-bedroom, three-bathroom home features multiple living areas for a growing family.RE/MAX Innovation – Jindalee selling agent Lisa Terare said the property at 115 Pallert St was in a quiet street in Middle Park with views to Mt Coot-tha from the large north-facing front deck.“This home has a family friendly design and layout,” Ms Terare said.“Outdoor living is well catered for with a secure backyard and plenty of grass for the kids and pets to run around.” 115 Pallert St, Middle Park.The home has three large bedrooms with built-in wardrobes and the master bedroom features a walk-in wardrobe, airconditioning and access to the front deck views to Mt Coot-tha.The teenage retreat/media room also has access to the front deck.Ms Terare said the property was on a mostly level 635sq m block. 115 Pallert St, Middle Park.She said the fully fenced low-maintenance yard also had a garden shed. The home has been carpeted throughout.Other features of the home include a formal lounge and dining room and a third bathroom downstairs.The large central kitchen has access to both formal, informal dining areas and the outside entertaining area.Ms Terare said the property was in a central location.center_img 115 Pallert St, Middle Park.Owners Joanne and Paul Chen have decided to sell and be closer to their business.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019The couple own the Royal Sri Thai Restaurant at Chapel Hill and said after a long day at work they wanted to be closer to home.Mrs Chen said the position of the home was high and views out to Mt Coot-tha was good feng shui and brought prosperity.last_img read more

UK’s USS expands stake in Sydney rail line

first_imgThe Universities Superannuation Scheme (USS) has grown its stake in an Australian railway line, buying a nearly 50% share from a local infrastructure fund.The Westpac Essential Services Trust, managed by the AUD7bn (€4.6bn) Hastings Funds Management, parted with its 49.9% stake in Airport Link Company (ALC).ALC is responsible for running the railway between the centre of Sydney and the city’s international airport, with USS already owning a stake in the company.Local infrastructure manager CP2, a part owner of ALC, will continue to manage the asset on behalf of USS. Gavin Merchant, senior investment manager at USS Investment Management, said: “The investment forms part of USS’s infrastructure portfolio and builds on a long track record of investing in high-quality Australian infrastructure assets including Connect East and Brisbane Airtrain.”According to its most recent annual report, covering the year to 31 March, USS had £1.1bn (€1.3bn) – or 3.6% of its £36.6bn in assets – invested in infrastructure.However, since then, the fund has bought a nearly 50% stake in UK air traffic control business NATS and invested £400m in Heathrow Airport.USS late last year also acquired a AUD110m stake in the trail line between Australian state capital Brisbane and its airport, and has offered debt financing to companies in the water utilities sector.last_img read more

There can be dignity in all states of life

first_imgOttawa Citizen 15 October 2014In his article of Oct. 9, Desmond Tutu emphasizes the importance of language on the sensitive issue of medically assisted dying. In the spirit of advancing a respectful dialogue, I must urge him to consider the deeper meanings of dignity, and how our experience of human dignity leads disabled Canadians to a very different conclusion about end-of-life interventions.Last week I had the opportunity to share my thoughts with a small group of parliamentarians on the subject of medically assisted dying.I was not alone. Several friends and colleagues from the disability rights community were each given five minutes to present an argument against amending the criminal code to sanction medically assisted dying.One spoke about the discriminatory implication of offering state-sanctioned assistance not for everyone, but only for persons who are frail, very ill, or seriously disabled. Another presented a chilling account of the “creep” of euthanasia in permissive jurisdictions.Another spoke from personal experience, about the time someone said to him, “I don’t know how you do it; I’d rather be dead than in a wheelchair.” There were nods of recognition around the room. This is a common experience.I spoke about dignity. The suffering that medically assisted dying is said to alleviate most often correlates with loss of dignity. I don’t believe that anyone should take a position on medically assisted dying without first understanding what dignity is, and what it is not.Catherine Frazee is Professor Emerita at the School of Disability Studies at Ryerson University, and former chief commissioner of the Ontario Human Rights Commission. read more

Vaccine campaign for largest measles outbreak sought

first_imgIn the country’s east, Ebola has claimed morethan 2,100 lives since erupting in August last year.  “As of Sept. 17, a total of 183,837 suspectedmeasles cases (5,989 confirmed) had been reported in 192 of the 519 healthzones nationwide, including 3,667 deaths – which exceed the number of deathsdue to Ebola. Nearly all the deaths have been children,” the WHO added.    The World Health Organization (WHO) and theCongolese government aim to carry out the emergency program across the country. Over 800,000 children are targeted for vaccination in the Democratic Republic of Congo after a measles outbreak killed more than 3,500 people in this country in 2019. AFP The WHO said the epidemic is the world’slargest and fastest-moving. CONGO – Over 800,000 children are targeted forvaccination in the Democratic Republic of Congo (DRC), after a measles outbreakkilled more than 3,500 people this year. Measles is a highly infectious viral illnessthat can sometimes lead to serious health complications, including infectionsof the lungs and brain.(BBC)last_img read more