Asia Pacific

New homes sales bounced back in Australia in November 2016, latest data shows

New homes sales in Australia bounced back towards the end of last year after a two year low in October 2016, the latest data shows. Annual sales increased by 6.1% in November but over the quarter they fell by 0.7% although this was only 0.2% below the same three month period in 2015, according to […] The post New homes sales bounced back in Australia in November 2016, latest data shows appeared first on PropertyWire . Continue reading

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Regional prime property prices in UK slowed at end of 2016

Annual growth slowed to 1.8% in prime regional property markets at the end of 2016 with realistic pricing the key to selling, according to new research. Indeed, in the final quarter of the year price growth was just 0.1% which the analysis report from real estate firm Savills says reflects caution on the part of […] The post Regional prime property prices in UK slowed at end of 2016 appeared first on PropertyWire . Continue reading

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Rental growth slowed down in Scotland at end of 2016 but demand is high

Residential rents in Scotland fell in the fourth quarter of 2016, down 0.9% year on year to an average of £739 per month, the latest index data shows. The national average, however, has been affected by falls in Aberdeen where the economy has been hit by falls on oil prices, although a recovery in the […] The post Rental growth slowed down in Scotland at end of 2016 but demand is high appeared first on PropertyWire . Continue reading

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