analysis
Prime country property prices in UK fell marginally in final quarter of 2016
Prime country property values in the UK fell by 0.4% between October and December, the third consecutive quarter in which prices have fallen, the latest data shows. The property tax stamp duty continues to be the biggest drag on the top end of the prime country regional market with higher purchase costs contributing to the […] The post Prime country property prices in UK fell marginally in final quarter of 2016 appeared first on PropertyWire . Continue reading →
Higher borrowing hits US property market with sales down in November
Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading →
Demand keeping prime markets in the East of London more buoyant than in central areas
Proximity to the London’s main financial districts is driving demand for prime property in the East of the city, particularly Canary Wharf and Wapping which are becoming sought after by prime property buyers. People who work in the area also want to live there and developers have sought to meet this demand with a number […] The post Demand keeping prime markets in the East of London more buoyant than in central areas appeared first on PropertyWire . Continue reading →