Demand
New home sales slow in Australia but renovation market set to take off
New home sales in Australia are slowing down with the latest figures showing that transactions for detached houses increased in just two states. Overall there was little movement in the market, up just 0.2% in February with approvals for new homes downy by 2.2%, according to the Housing Industry Association (HIA). The figures come at […] The post New home sales slow in Australia but renovation market set to take off appeared first on PropertyWire . Continue reading →
House prices in areas of UK with largest falls in unemployment see biggest gains
Areas with the largest falls in unemployment in the UK have seen houses prices soar by almost £100,000 in the past decade, new research has found. Whilst the 10 areas with the highest unemployment rates recorded average house price growth of just 10%, less than half the national average of 25% since 2007, according to […] The post House prices in areas of UK with largest falls in unemployment see biggest gains appeared first on PropertyWire . Continue reading →
Rents up by almost 5% year on year in Scotland in February, latest index shows
Private sector rents in Scotland increased by almost 5% in the 12 months to February 2017, taking the typical rent to £575 per month, the latest index shows. Overall rents were up by 4.9% but the buy to let index from Your Move suggests that demand is falling and this has resulted in rents falling […] The post Rents up by almost 5% year on year in Scotland in February, latest index shows appeared first on PropertyWire . Continue reading →