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Property market demand set to fall in UK in 2017 and prices rise by up to 4%
Demand for home in the UK is set to fall in 2017 but an ongoing shortage of supply will mean prices continue to rise, according to new research. With not enough new homes being built and historic low interest rates the supply and demand gap will go on although slower economic growth and affordability constraints […] The post Property market demand set to fall in UK in 2017 and prices rise by up to 4% appeared first on PropertyWire . Continue reading →
Sales rising in prime central London property market but prices down considerably
Despite a backdrop of political uncertainty, sales volumes are rising in the central London prime property market as lower asking prices release pent-up demand, according to the latest research. Indeed, November was the second highest month for sales volumes in 2016 after a stamp duty spike in March, says the analysis report from international real […] The post Sales rising in prime central London property market but prices down considerably appeared first on PropertyWire . Continue reading →
Stamp duty change in Hong Kong set to slow down real estate market in 2017
Residential sales in Hong Kong increased in November despite an increase in stamp duty for not first time buyers, the latest data shows. In a bid to reign in rising home prices and help first time buyers get on the housing market the Hong Kong Government raised the stamp duty rate for non first time […] The post Stamp duty change in Hong Kong set to slow down real estate market in 2017 appeared first on PropertyWire . Continue reading →