The Irish Government should focus on measures to increase housing supply for all housing sectors, rather than handing out grants to first time buyers for new homes, it is claimed. Initiatives like reducing VAT on affordable housing, making public land available for home building and providing financial help for builders should be considers, according to […] The post Chartered surveyors call on Irish Government to do more to encourage new home building appeared first on PropertyWire . Continue reading
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House approvals in Australia slowing considerably in some locations
New home approvals in Australia remain at historically high levels but the latest data suggests they are slowing down, especially for houses. The figures from the Australian Bureau of Statistics shows that approvals to build fell by 1.8% month on month in August but are still 10.1% higher than August 2015. But more apartments are […] The post House approvals in Australia slowing considerably in some locations appeared first on PropertyWire . Continue reading →
Rents set to continue upwards in the US, led by tech hubs in the West
Residential rents across the United States are forecasted to rise 1.7% over the next year, the same rate of appreciation as the past 12 months, according to the latest real estate analysis report. Rents will rise in 34 of the 35 largest US metros, although 11 of the 35 are expected to report slower growth, […] The post Rents set to continue upwards in the US, led by tech hubs in the West appeared first on PropertyWire . Continue reading →