Property, mortgage and land transactions in Dubai have been picking up with the latest data showing there were 15,500 transactions worth AED60.5 billion in the third quarter of 2016. Overall, the data from the Dubai Land Department suggests that sales have been increasing steadily in the first eight months of the year. ‘Real estate transactions […] The post Dubai sees property sales rise as it builds up to Expo 2020 appeared first on PropertyWire . Continue reading
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Hundreds of thousands of landlords will face steep rise in tax from next year
More than 400,000 landlords in the UK who currently pay the basic rate of tax will find themselves forced into a higher tax bracket from April 2017, research has found. According to a survey for the National Association of Landlords (NLA) while some 22% of the estimated two million landlords in the private rented sector […] The post Hundreds of thousands of landlords will face steep rise in tax from next year appeared first on PropertyWire . Continue reading →
Canadian real estate market sees activity slow
Home sales across Canada edged up by 0.8% in September but are now 5.6% below the record set in April 2016, according to the latest index data. Year on year sales were up by 4.2% and the average price of a home is up 9.5% compared to a year ago, the figures from the Canadian […] The post Canadian real estate market sees activity slow appeared first on PropertyWire . Continue reading →