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Lack of supply boosting property sales in hotspots in Scotland
Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading →
Residential rental prices rise in Berlin despite rent cap
Median asking rental prices in Berlin increased strongly in 2016 despite a rent cap being introduced in 2015, up 5.6% during the year, the latest figures show. The growth was led by apartments with rents in this sector up by 15.7% although there are considerable variations depending on location, according to the housing market report […] The post Residential rental prices rise in Berlin despite rent cap appeared first on PropertyWire . Continue reading →
Demand for new developments pushing up prices in parts of New York
Despite the uncertainty and volatility that defined 2016, the real estate market in New York was and even broke several record highs mainly due to sales in new developments, the latest research shows. Prices throughout much of Manhattan and Brooklyn increased in 2016 with median prices, average prices and prices per square foot all reaching […] The post Demand for new developments pushing up prices in parts of New York appeared first on PropertyWire . Continue reading →