Australasia
Housing approvals strong in Australian cities despite over supply concerns
Despite repeated warnings around apartment oversupply and settlement risk, the number of dwellings being approved for construction across the capital cities remains unquestionably strong. The number of new homes being built in capital cities in Australia remains high despite warning about an oversupply of apartments, new data shows. In July 2016 there were 17,380 capital […] The post Housing approvals strong in Australian cities despite over supply concerns appeared first on PropertyWire . Continue reading →
Demand for home equity release in UK reaches highest level for a decade
Consumer demand for releasing housing wealth and innovation has helped drive equity release in the UK to its highest level for over a decade, the latest figures show. The sector recorded annual growth of £198 million in equity release lending between the first halves of 2015 and 2016, according to the autumn 2016 Equity Release […] The post Demand for home equity release in UK reaches highest level for a decade appeared first on PropertyWire . Continue reading →
Property supply in UK housing market rises
Supply in the UK’s housing market reached its highest level since March this year and is a sign that it is moving in the right direction, according to estate agents. The number of houses available for buyers increased to 41 per branch in August, the highest level seen since March when agents reported an average […] The post Property supply in UK housing market rises appeared first on PropertyWire . Continue reading →
