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Stamp duty increase set to slow down property sales in Hong Kong
An increase in stamp duty rates in Hong Kong is expected to drag down the number of residential sales but prices should remain steady due to strong end-user demand and a robust primary market. Overall the property market remained active in October with sales volumes reaching 6,601 units, doubling the level of a year ago, […] The post Stamp duty increase set to slow down property sales in Hong Kong appeared first on PropertyWire . Continue reading →
UK property markets likely to see slower growth in 2017, says latest predictions
UK property markets are set to see slower growth in 2017 but will still be regarded as a safe investment despite Brexit and political uncertainty as a whole in Europe, according to the latest forecast report. Average UK house prices are expected to remain stagnant in 2017, before rising by 2% in 2018 and 5.5% […] The post UK property markets likely to see slower growth in 2017, says latest predictions appeared first on PropertyWire . Continue reading →
Property demand in UK falls by 7% towards the end of 2016
Across the UK property demand has fallen by 7% overall with the Midlands and northern regions benefitting the most, new research shows. Six out of the 10 biggest increases in demand are located in these regions, according to the hotspots index from online estate agent eMoov. While the average is 38%, Bexley at 65% has […] The post Property demand in UK falls by 7% towards the end of 2016 appeared first on PropertyWire . Continue reading →