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Residential confidence helping to steady the property and construction sector
The property sector in the UK is showing resilience in the face of a tumultuous year, with confidence in the residential sector the strongest, according to new research. Indeed, some 74% of senior executives in the in the property and construction industries surveyed by investment management and tax group Smith & Williamson regard residential property […] The post Residential confidence helping to steady the property and construction sector appeared first on PropertyWire . Continue reading →
Family homes to rent in London increasingly unaffordable, new research shows
Properties in London are now so expensive that couples looking for a family home pay more than half of their combined monthly salary to rent a typical three bedroom home, new research has found. They would need to fork out 55.6% or £2,460 of their combined average monthly salary to rent an average property, some […] The post Family homes to rent in London increasingly unaffordable, new research shows appeared first on PropertyWire . Continue reading →
New home sales and approvals falling in Australia
New home sales in Australia fell by 8.5% in October to a two year low but the slum is not unexpected as the housing market is coming to the end of its longest and strongest building upturn. The figures from the Housing Industry Association (HIA) report show that detached house sales fell by 8.2% and […] The post New home sales and approvals falling in Australia appeared first on PropertyWire . Continue reading →