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Prime central London property market outlook flat for 2017
Only properties that are priced realistically in the prime central London market are selling as the sector has been impacted by tax change, according to the latest analysis. Sales have seen an uplift of 4.6% from British buyers in the third quarter of 2016 but overall both the volume of sales and selling prices are […] The post Prime central London property market outlook flat for 2017 appeared first on PropertyWire . Continue reading →
London housing market has healthy outlook with growth by borough averaging 15%
Despite the current uncertainties in the London property market over the past 12 months the city has a generally healthy outlook with growth averaging 15%. An analysis of London’s 33 boroughs by real estate firm CBRE measures everything from sales and rental growth, to the average age and salaries shows that the outer boroughs have […] The post London housing market has healthy outlook with growth by borough averaging 15% appeared first on PropertyWire . Continue reading →
British house builders optimistic about the future despite Brexit
House builders in Britain are optimistic despite market uncertainty and skills shortage but a third regard Brexit as a major challenge, new research has found. The sector’s confidence is reflected in average five year investment plans, increasing 17% year on year and average growth over five years of 28% predicted, up from 25% last year. […] The post British house builders optimistic about the future despite Brexit appeared first on PropertyWire . Continue reading →