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Rate rises not affecting Hong Kong property market with prices set to rise 5% this year
The residential property market in Hong Kong looks set to overcome recent rate rises in the short term, a new analysis suggests, with prices set to rise by 5% in 2017. The final two months of 2016 saw an increase in the Hong Kong Monetary Authority’s base rate to 1% and the introduction of a […] The post Rate rises not affecting Hong Kong property market with prices set to rise 5% this year appeared first on PropertyWire . Continue reading →
Conveyancing industry calls for residential leasehold change
he conveyancing industry is calling for the residential leasehold process in the UK to be changed in 2017 to end unacceptable delays, extortionate ground rents and high fees. The Conveyancing Association says that there is also a lack of knowledge among buyers about leaseholds with recent research showing that 57% of those buying a leasehold […] The post Conveyancing industry calls for residential leasehold change appeared first on PropertyWire . Continue reading →
Housing stock value growth shows extent of US property market recovery
The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading →