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14.06.26 - 00:42
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MPs call for end to real estate event over fear it pushes sale of Israeli settlements (The Guardian)
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More than 100 UK lawmakers urge government to cancel London event, warning it is linked to land 'stolen from Palestinians'More than 100 UK lawmakers have called for the cancellation of an Israeli real estate event scheduled to take place in London on Sunday, which had appeared to advertise the sale of land in Israeli settlements in the occupied West Bank.In a letter sent to the foreign secretary on Friday, 101 parliamentarians and members of the House of Lords, warned the event was “firmly embedded in Israel's project of colonial expansion by facilitating the sale of land that has been stolen from Palestinians” and called on the government to take “all necessary steps” to stop the event from going ahead in the capital. Continue reading......
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08.06.26 - 08:24
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OMNIYAT Chairman: UAE′s Property Market Resilient (Bloomberg)
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Regional tensions have cast a shadow over the UAE's once-booming property market & raised questions about demand, pricing and investor confidence. However, Mahdi Amjad, OMNIYAT Group Executive Chairman and Founder told Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa the UAE property market remains resilient.
(Source: Bloomberg)...
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05.06.26 - 09:42
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UK house prices fall for third successive month amid Iran war uncertainty (The Guardian)
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Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand.The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop recorded by the lender Halifax. Analysts had been expecting a return to growth, with a consensus of a 0.1% rise forecast for May. The monthly drop followed falls of 0.1% in April and 0.5% in March. Continue reading......
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29.05.26 - 07:36
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′It feels unfair′: the Britons struggling to get a mortgage since Iran war began (The Guardian)
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Whether first-time buyers, in between homes or refixing, people tell of impact of higher mortgage rates on housingProspects of cuts in UK interest rates in 2026, which were widely expected at the start of the year, were rapidly extinguished when the Iran war started at the end of February. The renewed threat of inflation means the Bank of England is now expected to raise rates at least once this year, with mortgage costs staying higher for longer.The boss of Britain's largest housebuilder said on Thursday it was the most challenging time to be a first-time buyer since the 2008 financial crisis. Continue reading......
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14.05.26 - 01:12
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Housing market in England and Wales weakening due to Iran war, say estate agents (The Guardian)
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Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on propertiesFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading......
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