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Tax office figures show substantial falls in UK property sales

Sales of property in the UK have fallen considerably year on year, down 11.3% in September, and fell by 4.3% month on month, official data shows. The data from HMRC, the tax office, shows that there were 93,130 residential property transactions during the month of September and separate figures from HMRC show the amount of […] The post Tax office figures show substantial falls in UK property sales appeared first on PropertyWire . Continue reading

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First time buyers boost home sales in the US after two month slump

Existing home sales in the United States rebounded strongly in September, boosted by more first time buyers numbers which reached their highest levels for over four years. All major regions saw an increase in completed sales after a two month slump and distressed sales fell to a new low of 4%, according to the latest […] The post First time buyers boost home sales in the US after two month slump appeared first on PropertyWire . Continue reading

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Prime property rents around London falling

Rents in the prime property markets of London’s commuter belt fell by 1.3% in the third quarter of this year, leaving annual growth down 0.3%, the latest data shows. Smaller properties continue to outperform larger ones across all locations in the commuter zone with one or two bedroom properties seeing growth of 1.4% over the […] The post Prime property rents around London falling appeared first on PropertyWire . Continue reading

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