Outlook
UK prices up again modestly in January but growth in 2017 could be hit by Brexit
Property prices in the UK increased by 0.2% in January and are now 4.3% above a year ago but the outlook is clouded by Brexit and economic uncertainties, according to the latest index report. The modest rise at the start of the year took the average price of a home to £205,240 and prices have […] The post UK prices up again modestly in January but growth in 2017 could be hit by Brexit appeared first on PropertyWire . Continue reading →
Prices and rents in two key Scottish cities set to outperform rest of UK
The two major Scottish cities of Glasgow and Edinburgh are set to see property prices and rental growth outperform rest of UK over the next five years, according to new research. Property consultancy JLL forecasts that house prices in Edinburgh are set to grow 23.4% compared to a UK average of 13.1% while Glasgow will […] The post Prices and rents in two key Scottish cities set to outperform rest of UK appeared first on PropertyWire . Continue reading →
Stamp duty impacts Hong Kong property market with sales down almost 50%
The decision to raise stamp duty rates to 15% for all but local first time buyers in early November has led to a slowdown in sales in Hong Kong. Residential sales fell by 47.3% month on month in December 2016 across all price ranges as the tax change combined with the holiday season to dampen […] The post Stamp duty impacts Hong Kong property market with sales down almost 50% appeared first on PropertyWire . Continue reading →