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UPDATE 1-UK homebuilder Crest Nicholson hit by flat prices, rising costs

(Adds details on results, executive comment) June 11 (Reuters) – Crest Nicholson Holdings Plc reported a fall in pretax-profit for the first half of 2019 as Brexit nerves kept house prices flat across the south of England and building costs Read more ›

Countrywide warns on earnings as Brexit bites

April 30 (Reuters) – Countrywide Plc said uncertainty around Britain’s impending exit from the European Union had hit residential and commercial property markets, prompting the nation’s largest estate agent to warn of a shortfall in its first-half earnings. Countrywide said Read more ›

Intu Properties, Cale Street in shopping centre joint venture

April 18 (Reuters) – British shopping centre operator Intu Properties Plc on Thursday said it would form a joint venture with Cale Street for the Intu derby shopping centre. Cale Street Investments, an investment firm backed by the Kuwait Investment Read more ›

UK house prices edge up, London falls again – Nationwide

LONDON (Reuters) – British house prices picked up only a little bit of speed this month as the approach of Brexit weighed on the housing market, data from mortgage lender Nationwide showed on Friday. FILE PHOTO: A row of houses Read more ›

Shanghai stocks flat after China reiterates no flood of stimulus

* SSEC flat, CSI300 falls 0.9 pct, HSI 0.5 pct lower * Trump predicts “good deal” or no deal in China trade talks SHANGHAI, March 7 (Reuters) – Chinese stocks were flat on Thursday at the end of a choppy Read more ›

UK house prices stagnate ahead of Brexit – Nationwide

FILE PHOTO: Estate agent’s signs hang from houses in the Selly Oak area of Birmingham, Britain September 25, 2018. REUTERS/Darren Staples LONDON (Reuters) – British house prices rose by just 0.1 percent in annual terms in January, their weakest increase Read more ›

UK house price growth edges off five-year low – Nationwide

FILE PHOTO: A couple view properties for sale in an estate agents window in London, Britain August 22, 2016. REUTERS/Peter Nicholls/File Photo LONDON (Reuters) – British house price growth picked up slightly this month from October’s five-year low, but the Read more ›

House prices rise only slowly again in September – Nationwide

LONDON (Reuters) – British house prices rose only slowly again in September, extending their weak run since the 2016 Brexit vote, according to data published on Tuesday by mortgage lender Nationwide. FILE PHOTO: Terraced houses are seen in Primrose Hill, Read more ›

U.S. office vacancy rate remains flat in third quarter – Reis

(Reuters) – U.S. office vacancy rate was unchanged at 16.6 percent in the third quarter, according to real estate research firm Reis Inc (REIS.O). FILE PHOTO: A worker repositions himself as he repairs a window at an office tower in Read more ›

Carney warns of ‘no-deal’ Brexit house price crash – newspaper

LONDON (Reuters) – Britain’s property market would crash and mortgage rates spiral up in the event of a chaotic no-deal Brexit, with house prices falling 35 percent over three years, Bank of England Governor Mark Carney told ministers, The Times Read more ›