North America

Regional prime property prices in UK slowed at end of 2016

Annual growth slowed to 1.8% in prime regional property markets at the end of 2016 with realistic pricing the key to selling, according to new research. Indeed, in the final quarter of the year price growth was just 0.1% which the analysis report from real estate firm Savills says reflects caution on the part of […] The post Regional prime property prices in UK slowed at end of 2016 appeared first on PropertyWire . Continue reading

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Rental growth slowed down in Scotland at end of 2016 but demand is high

Residential rents in Scotland fell in the fourth quarter of 2016, down 0.9% year on year to an average of £739 per month, the latest index data shows. The national average, however, has been affected by falls in Aberdeen where the economy has been hit by falls on oil prices, although a recovery in the […] The post Rental growth slowed down in Scotland at end of 2016 but demand is high appeared first on PropertyWire . Continue reading

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Substantial increase in new home building needed to meet UK targets by 2020

The UK Government’s target of building a million new homes by 2020 will only be met if there is a substantial increase in construction, according to a new report. The need for housing in England has in recent years grown faster than its supply and despite a target of delivering a million new homes by […] The post Substantial increase in new home building needed to meet UK targets by 2020 appeared first on PropertyWire . Continue reading

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