approvals

New home sales market in Australia peaked in December but outlook still good

New home sales in Australia weakened at the beginning of the year, down 2.2% in January, according to the latest figures from the country’s biggest builders. It means the market is tailing off from the largest and longest new home building cycle ever but overall the outlook is still good, says the first key new […] The post New home sales market in Australia peaked in December but outlook still good appeared first on PropertyWire . Continue reading

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Property prices in UK dipped at start of 2017, latest index shows

Property prices in the UK fell by 0.9% in January and the annual rate of growth slowed from 6.5% in December to 5.7% in the first month of 2017, the latest index shows. But prices were 2.4% higher in the last three months from November to January than in the preceding three months, the data […] The post Property prices in UK dipped at start of 2017, latest index shows appeared first on PropertyWire . Continue reading

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Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise

Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading

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