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Glut of unsaleable new homes in Spain down by 20% in 2016
A glut of homes built in Spain during the boom housing years before the crash of 2007 which have been difficult to sell is steadily falling but some will never sell, according to new research. Some of the houses may end up being demolished but the glut is now non-existent in several areas of the […] The post Glut of unsaleable new homes in Spain down by 20% in 2016 appeared first on PropertyWire . Continue reading →
Property prices in Australian capital cities up by almost 11% year on year
Property prices in capital cities in Australia increased by 1.4% in December and by 10.9% year on year, the highest annual growth since 2009, the latest index figures show. But there is considerable variation with annual prices rising by 15.5% in Sydney but falling 4.3% in Perth while Melbourne and Hobart recorded gains higher than […] The post Property prices in Australian capital cities up by almost 11% year on year appeared first on PropertyWire . Continue reading →
Spain set for a more robust property market in 2017 as prices rise
Demand from international buyers will remain fundamental necessity to help the Spanish property market continue its recovery and it remains to be seen if Brexit results in a fall in British interest. Overall experts point out that 2016 was a positive year for the real estate market with prices having bottomed out the year before […] The post Spain set for a more robust property market in 2017 as prices rise appeared first on PropertyWire . Continue reading →