Now playing Next Economy Why the days of lower European property prices may soon be over European residential properties have held onto nearly all their value, while the overall price drop for all types of commercial properties slowed down significantly after almost two years of going downhill, latest data reveals. 16/05/2024
Now playing Next Markets Town-sized private land in the Arctic is up for sale for €300 million The 15,000 acre plot is halfway between Norway and the North Pole. It lies at the heart of a pristine wilderness which has provoked debate over climate change and is the focus of geopolitical tensions among global powers who are eager to exploit the natural resources of the Arctic region. 10/05/2024
Now playing Next Markets Buying a piece of an island: How crypto could change property deals Europe is the hottest market for swapping property for cryptocurrencies, according to the founders of asset-backed cryptocurrency Unicoin. 07/05/2024
Now playing Next Spain Spain to end golden visas for foreign real estate investors Lawmakers hope closing the scheme will shut off an opening that critics say has allowed dirty money into the economy. 10/04/2024
Now playing Next Economy Germany's commercial real estate plunge could be a threat for banks Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector. 20/03/2024
Now playing Next Culture news Freddie Mercury's London home up for sale for over €30 million The Queen frontman left the eight-bedroom villa and all his possessions to his close friend and ex-girlfriend, Mary Austin. 19/03/2024
Now playing Next Economy Millennials set to become 'richest generation in history' Millennials could stand to inherit trillions worth of property and property assets passed down by ancestors in the next 20 years. 01/03/2024
Now playing Next Business What are shadow banks and why are they failing in China? European investment in China is under threat as the country's shadow banks face crisis. 27/02/2024
Now playing Next Economy UK homebuying struggle: Deposits hit 105% of average annual income The price of an average house in the UK increased further in January, at the swiftest rate since October, according to mortgage provider Nationwide. 31/01/2024
Now playing Next Markets UK estate agents predict respite for housing market Brighter days could lie ahead for the housing market following a rocky period caused by inflated mortgage costs. 18/01/2024
Now playing Next Economy Time to buy a house? It might cost double the price House prices and rents in the EU show significant trends that vary across the country, according to new official data. 11/01/2024
Now playing Next Business Where in Europe will the property market revive in 2024? The rise of technologies, such as AI, and the solid growth in tourism-related sectors could drive Europe's commercial real estate market next year, while the housing market struggles to get back on its feet and the rental market soars. 04/01/2024
Now playing Next Business House prices continue to rise in Ireland - where's best to buy? The median price of a home in Ireland stood at €323,000 as of October, according to new figures. 13/12/2023
Now playing Next Economy UK housing market shows signs of life as prices rise in November House prices rose in November compared to October but are still cheaper than this time last year, according to a new report. 01/12/2023
Now playing Next Business How high interest rates created a healthier housing market A closer look at house prices in 25 major cities around the world shows a sharp decline in prices, according to a study. 25/11/2023
Now playing Next Economy Housing crisis: Rent control gets the green light in Grenoble Grenoble is the latest French city to bring in rent control measures, joining the likes of Paris, Lyon and Bordeaux. 20/11/2023
Now playing Next Economy How are European firms exposed to China’s struggling property sector? A number of European companies have been facing tremors as the Chinese property sector teeters on the brink of collapse. 18/11/2023
Now playing Next Business HSBC announces $3 billion buyback despite missing profit expectations Higher interest rates have boosted profits for Europe’s biggest bank, bringing their third-quarter pre-tax total to $7.7 billion ($6.26 billion after tax). 30/10/2023
Now playing Next Economy IMF worries about China's financial stability due to property crisis At the ongoing World Bank-IMF annual meetings in Morocco, IMF officials urged Chinese authorities to intervene as an unprecedented property crisis rocks the world's second-largest economy. 11/10/2023
Now playing Next Business Housing crisis: Andorra is getting fed up with wealthy foreigners Andorran MPs change real estate rules as internet celebrities and wealthy foreign investors flock to the tax haven. 05/10/2023