Outlook
New home sales slow in Australia but renovation market set to take off
New home sales in Australia are slowing down with the latest figures showing that transactions for detached houses increased in just two states. Overall there was little movement in the market, up just 0.2% in February with approvals for new homes downy by 2.2%, according to the Housing Industry Association (HIA). The figures come at […] The post New home sales slow in Australia but renovation market set to take off appeared first on PropertyWire . Continue reading →
Brexit accelerated slowdown in prime central London property market, analysis suggests
The decision by the UK to leave the European Union accelerated the slowdown in the prime property market in central London but it is now seeing a more normal amount of activity, according to the latest research. The latest analysis from real estate firm Cluttons eight months on from the referendum on membership of the […] The post Brexit accelerated slowdown in prime central London property market, analysis suggests appeared first on PropertyWire . Continue reading →
Formal beginning of Brexit not likely to have huge impact on UK property market
The UK property market is not set to see any major upheaval with the formal start to the two years of negotiation to leave the European Union, and might even benefit from an expected slowing in the economy. Experts point out that the market did not see any huge effect from the decision to leave […] The post Formal beginning of Brexit not likely to have huge impact on UK property market appeared first on PropertyWire . Continue reading →