economy

Prices in key UK cities still rising but growth expected to moderate

Property prices in key UK cities are continuing to rise, up 8.4% year on year and 2.3% quarter on quarter but the growth is slowing, according to the latest index. The annual growth is led by Bristol where prices have increased by 10.6% to £259,400 in the 12 months of October 2016 but at the […] The post Prices in key UK cities still rising but growth expected to moderate appeared first on PropertyWire . Continue reading

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New home building set to slow in Australia after unprecedented growth

New home building in Australia will slow for the next two years but will bottom out at what will still be a historically healthy level of activity, it is suggested. The latest forecast from the Housing Industry Association (HIA) says it expects a measured return to more normal levels of home building activity over the […] The post New home building set to slow in Australia after unprecedented growth appeared first on PropertyWire . Continue reading

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Existing home sales up year on year in the US for 56 months in a row

Existing home sales in the United States increased again in October to the highest annual pace for almost a decade, the latest real estate index shows. All major regions saw monthly and annual sales increases with a national rise of 2% which means that transactions in this sector are now 5.9% above a year ago, […] The post Existing home sales up year on year in the US for 56 months in a row appeared first on PropertyWire . Continue reading

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