Australasia
House approvals in Australia slowing considerably in some locations
New home approvals in Australia remain at historically high levels but the latest data suggests they are slowing down, especially for houses. The figures from the Australian Bureau of Statistics shows that approvals to build fell by 1.8% month on month in August but are still 10.1% higher than August 2015. But more apartments are […] The post House approvals in Australia slowing considerably in some locations appeared first on PropertyWire . Continue reading →
Post Brexit, the UK property market is picking up nationwide
The residential property market in the UK is beginning to pick up nationwide for the first time since February with prices and buyer demand both up, the latest index report shows. The data from the Royal Institution of Chartered Surveyors (RICS) also says that market confidence continues to improve following some jitters just after the […] The post Post Brexit, the UK property market is picking up nationwide appeared first on PropertyWire . Continue reading →
Investment returns to UK buy to let market after stamp duty change
Buy to let landlords and new investors are returning to the UK market after stamp duty change earlier this year with enquiries up 30% since May, the latest data shows. The tracker report from Rightmove describes it as ‘a substantial’ boost to the buy to let market following a short term dip when the 3% […] The post Investment returns to UK buy to let market after stamp duty change appeared first on PropertyWire . Continue reading →