Canada

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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More new family homes expected to be built in the US in 2017

The number of new family homes being built in the United States is expected to gradually rise this year and next after dipping slightly at the end of 2016. Last year, the National Association of Home Builders projected 1.16 million total housing starts in 2016, which was up nearly 5% from the previous year. Now […] The post More new family homes expected to be built in the US in 2017 appeared first on PropertyWire . Continue reading

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