currency
Demand for new developments pushing up prices in parts of New York
Despite the uncertainty and volatility that defined 2016, the real estate market in New York was and even broke several record highs mainly due to sales in new developments, the latest research shows. Prices throughout much of Manhattan and Brooklyn increased in 2016 with median prices, average prices and prices per square foot all reaching […] The post Demand for new developments pushing up prices in parts of New York appeared first on PropertyWire . Continue reading →
Residential market in Dubai close to bottom and likely to stagnate in 2017
Lower oil prices and currency changes affecting expats have affected Dubai’s residential real estate market with prices and rents still down in the fourth quarter of 2016 but now close to bottom. But the decline in the market is slowing and property experts believe that rents and prices will be more stable in the first […] The post Residential market in Dubai close to bottom and likely to stagnate in 2017 appeared first on PropertyWire . Continue reading →
Small builders in UK costs hit by falling pound caused by Brexit
The majority of smaller builders in the UK are being affected by currency changes caused by the decision to leave the European Union, new research shows. After the result of the referendum on the EU the pound lost out against other currencies including the euro and the US dollar and this is affecting builders as […] The post Small builders in UK costs hit by falling pound caused by Brexit appeared first on PropertyWire . Continue reading →