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Lack of supply and high prices hit home sales market in the US

A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading

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Office property market in Scotland buoyant despite year of uncertainty

Despite a year of uncertainty, the Scottish office market remains buoyant, with 2.3 million square feet of lettings in 2016 across Aberdeen, Edinburgh and Glasgow, 10% above the long term average. The research data from the Savills office market watch report also shows that total office investment in the three cities in 2016 reached £565 […] The post Office property market in Scotland buoyant despite year of uncertainty appeared first on PropertyWire . Continue reading

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Rents and prices set to fall further in Abu Dhabi in 2017

Average residential rents and property prices in Abu Dhabi fell in 2016 and further declines are likely in 2017 due to new supply coming onto the market, the latest analysis report suggests. Apartment rents fell by 7% on average year on year and villas rents were down by 5% while average sale prices for both […] The post Rents and prices set to fall further in Abu Dhabi in 2017 appeared first on PropertyWire . Continue reading

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