economy
Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue
The national housing market in Australia has continued to show growth over the past quarter with capital city home values increasing by a further 2.7% according to the latest data. The increase in prices has taken the total value of residential property nationally to $6.7 trillion at the end of October 2016, according to the […] The post Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue appeared first on PropertyWire . Continue reading →
Surveyors forecast UK house prices will rise by 3% in 2017
House prices in the UK will see an average increase of 3% over the course of 2017 and sales numbers are likely to stabilise, according to surveyors. But the shortage of supply will continue and this could be the main driver behind higher prices while rents are expected to increase by up to 3%, says […] The post Surveyors forecast UK house prices will rise by 3% in 2017 appeared first on PropertyWire . Continue reading →
Economic and political uncertainty hits global prime residential rents
Global economic and political uncertainty has contributed to a slowdown in prime global rents, with rental growth stalling, the latest index shows. In the 12 months to September 2016 rents were unchanged overall but some regions have outperformed, with prime rents in North America rising by 5.1% on average, the data from the Knight Frank […] The post Economic and political uncertainty hits global prime residential rents appeared first on PropertyWire . Continue reading →