{"id":39785,"date":"2017-01-06T13:28:57","date_gmt":"2017-01-06T06:28:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-uk-city-has-one-of-the-hottest-property-markets-in-europe\/"},"modified":"2017-01-06T13:30:18","modified_gmt":"2017-01-06T06:30:18","slug":"this-uk-city-has-one-of-the-hottest-property-markets-in-europe","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-uk-city-has-one-of-the-hottest-property-markets-in-europe\/","title":{"rendered":"This UK city has one of the hottest property markets in Europe"},"content":{"rendered":"


\n(It\u2019s not London)
\nThe neo-classical towers of Bristol cathedral and university. Image: pjhpix\/Shutterstock
\nHome prices in Bristol, a city in the southwest of England are rising faster than in the UK capital, and the market is one of the most exciting in Europe right now, writes Business Insider.
\nNew data from Knight Frank reveals average property prices in the city increased by 15.8 percent in Q3 2016 compared to the same period the previous year, this marks the city our as being third for house price growth in Europe, with Budapest and Oslo in the lead.
\nOn a global scale, Bristol now ranks twentieth for price growth.
\nComparatively, London registered a 9.2 percent price growth in Q3 2016. While the devaluation of the Sterling following Brexit may have sent some overseas buyers on a \u2018buying spree\u2019 in the capital, overall the eye-watering climb of London property prices is at an end, with both Brexit and changes to stamp duty in 2016 deterring some high-end buyers.
\nBristol\u2019s success is the result of has more favourable market conditions, being \u201cfuelled by low mortgage rates, and a structural undersupply of housing,\u201d according to Kate Everett-Allen, international residential research analyst at Knight Frank.
\nChinese buyers have long been keen on London property, and a new wave of interest in Britain\u2019s secondary towns is predicted, as an appetite for overseas investment increases.
\nMore: Asian HNWI still love a slice of London luxury
\n\u201cOnce they\u2019ve got somewhere to live in China, the reality is that the domestic market is quite expensive, so that\u2019s why they are looking more for international opportunities,\u201d Charles Pittar of Juwai.com, China\u2019s largest international real-estate website, told The Guardian. \u201cLike anyone who wants to preserve their wealth, diversification is important.\u201d
\nAs Pittar explains, Chinese overseas buyers have four main motivations: investment, lifestyle, emigration and education. It\u2019s common for a buyer from China to purchase a property where they hope their child will go on to study. With Bristol\u2019s university a member of the prestigious Russell Group (the UK\u2019s answer to the Ivy League, a list which also includes Oxford and Cambridge), it seems inevitable that Bristol will catch many a Chinese buyer\u2019s attention.
\nProperties you can buy in Bristol right now:
\nClick to view slideshow.<\/p>\n

Read next: 3 things UK property experts have told us about London Mayor\u2019s investigation into foreign investment
\n
\nSource : property-report.com
\nRead more…This UK city has one of the hottest property markets in Europe<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(It\u2019s not London) The neo-classical towers of Bristol cathedral and university. Image: pjhpix\/Shutterstock Home prices...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-39785","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-alH","jetpack-related-posts":[{"id":64580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/slowdown-in-london-house-price-growth-ebbs-as-bristol-sees-steep-fall\/","url_meta":{"origin":39785,"position":0},"title":"Slowdown in London house price growth ebbs as Bristol sees steep fall","date":"August 25, 2017","format":false,"excerpt":"\r Upward pressure on prices in capital is returning as Bristol becomes UK city with biggest drop in property price growthThe slowdown in the growth of London house prices appears to be abating, leaving Bristol as the UK city with the biggest drop in property prices expansion last month, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/slowdown-in-london-house-price-growth-eases-bristol-posts-biggest-drop\/","url_meta":{"origin":39785,"position":1},"title":"Slowdown in London house price growth eases; Bristol posts biggest drop","date":"August 29, 2017","format":false,"excerpt":"\r The slowdown in the growth of London house prices appears to be abating, leaving Bristol as the UK city with the biggest drop in property prices expansion last month, according to new figures. Upward pressure on prices in the capital is returning following weak annual growth since the start\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-up-8-8-in-q3\/","url_meta":{"origin":39785,"position":2},"title":"Singapore home prices up 8.8% in Q3","date":"December 27, 2018","format":false,"excerpt":"\r The city-state was ranked 28th in Knight Frank\u2019s Global Residential Cities Index report. Residential property prices in Singapore rose 8.8 percent year-on-year during the third quarter of 2018, revealed a Knight Frank report. The city-state was ranked 28th in Knight Frank\u2019s Global Residential Cities Index Q3 2018, while Chinese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-up-8-8-yoy-in-q3\/","url_meta":{"origin":39785,"position":3},"title":"Singapore home prices up 8.8% YOY in Q3","date":"December 27, 2018","format":false,"excerpt":"\r The city-state was ranked 28th in Knight Frank\u2019s Global Residential Cities Index report. Residential property prices in Singapore rose 8.8 percent year-on-year during the third quarter of 2018, revealed a Knight Frank report. The city-state was ranked 28th in Knight Frank\u2019s Global Residential Cities Index Q3 2018, while Chinese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-prices-see-marginal-rise-in-q3\/","url_meta":{"origin":39785,"position":4},"title":"Luxury home prices see marginal rise in Q3","date":"November 3, 2016","format":false,"excerpt":"\r Luxury homes here have seen only minimal price growth in the last quarter. Singapore\u2019s luxury home prices grew by only 0.5 percent quarter-on-quarter in Q3 2016, according to a JLL report. The city-state joins 17 other cities tracked by JLL, which saw their rate of price growth decline from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37510,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-home-prices-down-2-from-year-ago-knight-frank\/","url_meta":{"origin":39785,"position":5},"title":"S\u2019pore home prices down 2% from year ago: Knight Frank","date":"December 9, 2016","format":false,"excerpt":"\r Singapore housing prices continue to fall. Home prices in Singapore fell two percent year-on-year in Q3 2016, while most countries in the world registered strong price growth, revealed a Knight Frank report. In fact, 44 of the 55 countries tracked in the report recorded an increase in prices, with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39785"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=39785"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39785\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=39785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=39785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=39785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}