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Fall in supply helps to slow annual decline in prime central London rents

The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading

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Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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Property sales and prices up across Scotland, latest official figures show

Property prices are continuing to rise in Scotland annually and month on month while sales have increased substantially towards the end of 2016, the latest index shows. Average prices were up 1.5% month on month in November 2016 and 3.3% year on year to an average of £143,033, according to the data from the Registers […] The post Property sales and prices up across Scotland, latest official figures show appeared first on PropertyWire . Continue reading

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