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New home lending falls in Australia as stamp duty costs rise
The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading →
Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year
Average rents increased by 0.3% month on month in October and are now 0.4% higher than a year ago, taking the average monthly rent to £558 per month, the latest buy to let index shows. But the national figure hides some red hot markets including Edinburgh and the Lothians where rents are some 6.1% higher […] The post Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year appeared first on PropertyWire . Continue reading →
UK house prices set to grow 2% in 2017, half what was predicted before Brexit vote
House prices in the UK are set to rise by 2% in 2017 as growth is held back by uncertainty around Britain’s decision to leave the European Union, according to a poll of housing analysts. However, prices in London are set to see a small decline of 0.5% before recovering in 2018, says the results […] The post UK house prices set to grow 2% in 2017, half what was predicted before Brexit vote appeared first on PropertyWire . Continue reading →