economist
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 →
March dip in UK house prices seen as a blip and not a trend
House price growth in the UK slowed in March with the latest index figures showing that values fell by 0.3% and annual growth was down to 3.5% taking the average price to £207,308. The data from lender the Nationwide also shows that there has been some convergence in terms of regional price growth with the […] The post March dip in UK house prices seen as a blip and not a trend appeared first on PropertyWire . Continue reading →
Pending home sales jumped sharply in the US in February
Pending home sales in the United States rebounded sharply in February to their highest level in nearly a year and second highest level in over a decade, the latest index shows. The pending home sales index from the National Association of Realtors (NAR) shows that all major regions saw a notable hike in contract activity […] The post Pending home sales jumped sharply in the US in February appeared first on PropertyWire . Continue reading →