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London housing market has healthy outlook with growth by borough averaging 15%
Despite the current uncertainties in the London property market over the past 12 months the city has a generally healthy outlook with growth averaging 15%. An analysis of London’s 33 boroughs by real estate firm CBRE measures everything from sales and rental growth, to the average age and salaries shows that the outer boroughs have […] The post London housing market has healthy outlook with growth by borough averaging 15% appeared first on PropertyWire . Continue reading →
British house builders optimistic about the future despite Brexit
House builders in Britain are optimistic despite market uncertainty and skills shortage but a third regard Brexit as a major challenge, new research has found. The sector’s confidence is reflected in average five year investment plans, increasing 17% year on year and average growth over five years of 28% predicted, up from 25% last year. […] The post British house builders optimistic about the future despite Brexit appeared first on PropertyWire . Continue reading →
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 →