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Residential rental prices rise in Berlin despite rent cap
Median asking rental prices in Berlin increased strongly in 2016 despite a rent cap being introduced in 2015, up 5.6% during the year, the latest figures show. The growth was led by apartments with rents in this sector up by 15.7% although there are considerable variations depending on location, according to the housing market report […] The post Residential rental prices rise in Berlin despite rent cap appeared first on PropertyWire . Continue reading →
Prime property market in London still hit by tax, politics and the economy
Higher taxes and political and economic uncertainty have continued to suppress prime London residential values throughout 2016, according to new research. However, as prices have become more aligned with buyer expectations of value, the market has become more fluid, says the report from real estate firm Savills. Average house prices across the prime property market […] The post Prime property market in London still hit by tax, politics and the economy appeared first on PropertyWire . Continue reading →
Scottish house prices saw solid growth during 2016, latest data shows
Average house prices in Scotland increased by 0.2% in December 2016 and sales volumes reached their highest level for nine years, the latest index shows. Year on year prices are now up by 2.2% to an average of £172,204 but while growth is ahead of the 2.1% annual rise for Wales and 1.3% in London, […] The post Scottish house prices saw solid growth during 2016, latest data shows appeared first on PropertyWire . Continue reading →