economist

Germany overtakes UK as most active European commercial property market

Germany overtook the UK as the most active commercial property market in Europe in 2016 with transactions totalling €59 billion, according to the latest research. Although investment volumes declined 14% year on year, global real estate advisor Knight Frank reports that Germany was established last year as Europe’s safe haven due to its robust economy […] The post Germany overtakes UK as most active European commercial property market appeared first on PropertyWire . Continue reading

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Sydney and Melbourne lead property price growth in Australia, official figures show

Residential property prices in Australia increased by 4.1% in the final quarter of 2016, the strongest quarterly growth recorded since June 2015, according to latest official figures to be published. Melbourne recorded the largest increased through the year of all capital cities with a rise of 10.8% followed closely by Sydney with a rise of […] The post Sydney and Melbourne lead property price growth in Australia, official figures show appeared first on PropertyWire . Continue reading

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Sales and prices up in Canada, latest index data shows

Nationally home sales in Canada increased by 5.2% month on month in February but actual, not seasonally adjusted, activity was down 2.6% from a year earlier, the latest index data shows. Average prices were up 3.5% from January’s gain reflecting an acceleration in home price increases, particularly for single family homes in and around Toronto, […] The post Sales and prices up in Canada, latest index data shows appeared first on PropertyWire . Continue reading

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