economy

New homes sales bounced back in Australia in November 2016, latest data shows

New homes sales in Australia bounced back towards the end of last year after a two year low in October 2016, the latest data shows. Annual sales increased by 6.1% in November but over the quarter they fell by 0.7% although this was only 0.2% below the same three month period in 2015, according to […] The post New homes sales bounced back in Australia in November 2016, latest data shows appeared first on PropertyWire . Continue reading

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Rental growth slowed down in Scotland at end of 2016 but demand is high

Residential rents in Scotland fell in the fourth quarter of 2016, down 0.9% year on year to an average of £739 per month, the latest index data shows. The national average, however, has been affected by falls in Aberdeen where the economy has been hit by falls on oil prices, although a recovery in the […] The post Rental growth slowed down in Scotland at end of 2016 but demand is high appeared first on PropertyWire . Continue reading

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House price sentiment in UK up for six months in a row post Brexit vote

Households across the UK perceive that the value of their home has risen over the last month, but there are regional variations, the latest sentiment index shows. It is the sixth in a row when the house price sentiment index from Knight Frank and IHS Markit has been in positive territory following a post-referendum low […] The post House price sentiment in UK up for six months in a row post Brexit vote appeared first on PropertyWire . Continue reading

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