economy
Prime property price growth slowing in key global cities
Luxury homes in some of the world’s top cities saw a slowdown in price growth in the last quarter as new taxes, elections, referendums and economic jitters had an effect. Despite an average annual growth rate of 3.8% some 18 of the 37 cities tracked by the Knight Frank prime global cities index saw their […] The post Prime property price growth slowing in key global cities appeared first on PropertyWire . Continue reading →
Residential rents up 5.4% a year in Scotland with yields at 5.9%
Edinburgh and the Lothians have the highest residential rents in Scotland with overall values up 5.4% in the last 12 months, according to the latest index figures. This means that the average property in Scotland lets for £576 per month and the Your Move buy to let index also shows that rental yields continue to […] The post Residential rents up 5.4% a year in Scotland with yields at 5.9% appeared first on PropertyWire . Continue reading →
Home owners are more happy than those who rent, research suggests
People who own their own home are generally happier than those who rent but in the UK the divide is the more marked compared to the rest of Europe, new research has found. Fewer than half UK renters are happy with their situation compared with 80% of home owner while in the rest of Europe […] The post Home owners are more happy than those who rent, research suggests appeared first on PropertyWire . Continue reading →