New Zealand

Property sales fall across New Zealand but prices up in most locations

Residential property sales in New Zealand fell by 9% month on month in October and are now 14% below where they were a year ago according to the latest index figures. The data from the Real Estate Institute of New Zealand (REINZ) also shows that sales fell year on year in Auckland by 16% and […] The post Property sales fall across New Zealand but prices up in most locations appeared first on PropertyWire . Continue reading

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European commercial real estate markets seeing strong momentum

European commercial real estate markets are generally continuing to display strong momentum, particularly on the investment side, according to a new report. However, feedback remains cautious across much of Asia and the Middle East reflecting challenging macro conditions, says the latest global commercial property analysis from the Royal Institution of Chartered Surveyors (RICS). Investment enquiries […] The post European commercial real estate markets seeing strong momentum appeared first on PropertyWire . Continue reading

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Landlords urge UK to follow Irish example and abolish change to tax relief

A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading

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