Australasia
Scottish prime property market activity remains robust despite tax change and Brexit
It has been a year of adjustment for Scotland’s prime property market with further changes to property taxation and wider economic uncertainty affecting prices. Prices fell by 0.4% between October and December and year on year prime prices are 1.1% lower although activity levels remain robust, according to the latest index report from real estate […] The post Scottish prime property market activity remains robust despite tax change and Brexit appeared first on PropertyWire . Continue reading →
Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue
The national housing market in Australia has continued to show growth over the past quarter with capital city home values increasing by a further 2.7% according to the latest data. The increase in prices has taken the total value of residential property nationally to $6.7 trillion at the end of October 2016, according to the […] The post Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue appeared first on PropertyWire . Continue reading →
British residential rent values up by 2.3% in last 12 months
Private rental prices paid by tenants in Great Britain rose by 2.3% in the 12 months to November 2016 and were unchanged compared to October 2016, the latest index shows. Rents increased by 2.4% in England, by 0.1% in Scotland and by 0.3% in Wales to an average of £511.50, according to the figures published […] The post British residential rent values up by 2.3% in last 12 months appeared first on PropertyWire . Continue reading →