Adelaide's median house price surged 4.8% in the June quarter to a record $1.125 million, making it Australia's fastest-rising capital market and bucking national trends. Despite this, local real estate agents report slowing buyer confidence and low turnout at inspections, while experts predict future price declines.
Russia's annual inflation hit 6% as of June 29, according to the Ministry of Economic Development. Weekly consumer price growth slowed to 0.22% from June 23-29, with food prices changing by 0.18% and nonfood by 0.42%.
UK house prices saw no growth for the second consecutive month in June, with average prices falling slightly. Rising interest rates, influenced by the war in Iran, have dampened buyer demand, leading estate agents to predict a quiet summer.
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In Q1 2026, Italian housing market sentiment for sales price increases strengthened, with a balance of +12 percentage points, up from +9 in Q4 2025. Offer remains limited nationwide. Average discounts and selling times also decreased.
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth due to the conflict in the Middle East.Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading...
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth due to the conflict in the Middle East.Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading...
Rolling coverage of the latest economic and financial newsAcross the UK, house prices are rising faster in the north of the country, and falling parts of the South.Halifax reports:Northern Ireland still leads UK annual house price growth, with average prices up +7.6% over the past year to £224,851.Scotland also recorded strong growth, rising +4.0% annually to an average price of £222,448.Wales has seen property price growth continue to slow, now +0.7% on annual basis, taking the typical home value to £230,952.The North East of England saw prices rise +4.5% over the year to £183,445, while the North West recorded annual growth of +3.4%, with the average home now costing £248,945.By contrast, the southern markets continue to see prices fall. The South East led declines, with prices down -2.0% year‑on‑year to £383,044, while London saw average values fall by - 1.4% to £536,051.“After a strong start to the year, recent global developments have added a greater degree of uncertainty to the outlook. In particular, higher energy prices have fed into inflation expectations, prompting markets to reassess the path for interest rates – a shift that has already pushed up borrowing costs for many buyers.“This understandably leads to more caution among some households, with the cost-of-living once again front of mind and extra thought being given to planned property moves. Continue reading...
Food prices are on track to be 50% higher in November 2026 than at the start of the cost of living crisis in 2021, according to ECIU thinktank research. Climate and energy shocks have driven an almost quadrupling of food price growth, with costs rising in five years at roughly the same rate as the previous two decades. Staples including pasta, chocolate, eggs and beef are significantly more expensive, while household food bills rose by £605 over 2022-2023.
The South Korean government expects a slowdown in housing price growth as tax exemptions for multiple-home owners expire. Officials report increased listings and cooling prices in affluent Seoul districts like Gangnam.
UK house prices rose at the fastest annual pace in 11 months in April, jumping 3% year-on-year to £278,880, according to Nationwide. The 0.4% monthly increase marked the fourth consecutive month of growth, surprising economists who had expected a 0.3% fall. Despite weakening consumer confidence and rising uncertainty from Middle East tensions, the housing market showed resilience with the three-month growth rate reaching 1.2%.
The World Bank projects a 16% increase in commodity prices for 2026, driven by the US-Israeli war against Iran, soaring energy and fertilizer costs, and record metal prices. Developing economies will see inflation average 5.1%—a full percentage point higher than pre-war expectations—while growth slows to 3.6%. The report warns 70% of commodity importers and over 60% of exporters worldwide could experience weaker growth than projected in January.
U.S. rent growth has slowed to its weakest pace since 2020, with asking rents at approximately $1,910, up just 1.8% year over year as of March. Nearly 40% of rental listings now offer concessions like free rent or waived fees as landlords compete for tenants in a cooling market. The surge in multifamily construction, with 608,000 units completed in 2024, has created more supply and improved affordability, though markets like New York City and San Francisco remain tight.
