North America

Rate rises not affecting Hong Kong property market with prices set to rise 5% this year

The residential property market in Hong Kong looks set to overcome recent rate rises in the short term, a new analysis suggests, with prices set to rise by 5% in 2017. The final two months of 2016 saw an increase in the Hong Kong Monetary Authority’s base rate to 1% and the introduction of a […] The post Rate rises not affecting Hong Kong property market with prices set to rise 5% this year appeared first on PropertyWire . Continue reading

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Campaigners hope downsizing help will be included in new UK housing policy paper

Campaigners are hoping that the forthcoming white paper on housing in the UK will include measures that give incentives to older homes owners to downsize. The new buzz word is ‘rightsize’ to describe how older home owners, many of whom are retired with adult children who have left home but are still living in a […] The post Campaigners hope downsizing help will be included in new UK housing policy paper appeared first on PropertyWire . Continue reading

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Landlords and tenants leaving the lettings market in central London as costs rise

Tenant demand in the residential lettings market in central London is showing signs of slowing and landlords are looking outside the city for higher yielding investment, new research suggests. The number landlords reporting a rise in tenant demand in the fourth quarter of 2016 fell by almost 30% points when compared to the same quarter […] The post Landlords and tenants leaving the lettings market in central London as costs rise appeared first on PropertyWire . Continue reading

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