housing market

Lack of supply boosting property sales in hotspots in Scotland

Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading

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Property prices growth in key Australian cities continues, latest index shows

Property prices in state capital cities in Australia increased further in February, recording an average rise of 1.4% and led by Sydney, the latest index shows. It means that the current growth cycle is approaching five years in duration with rises in prices for 58 months, according to the figures from real estate firm CoreLogic. […] The post Property prices growth in key Australian cities continues, latest index shows appeared first on PropertyWire . Continue reading

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Call for UK stamp duty to be changed in upcoming Budget

Stamp duty is prohibiting first time buyers in the UK and should be altered in the Budget later this month, preferably to make sellers pay the tax rather than buyers, a new report suggests. According to the Yorkshire Building Society report the latest figures show that in 2016 just 26% of first time buyers bought […] The post Call for UK stamp duty to be changed in upcoming Budget appeared first on PropertyWire . Continue reading

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