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Global office property markets resilient despite economic and political uncertainty
The fundamentals of the global office market are resilient with leasing volumes at their highest level for 2016 in the final quarter of the year with growth of 6%, the latest analysis shows. For the full year, leasing volumes were down modestly by only 3% on the robust levels of 2015, according to the report […] The post Global office property markets resilient despite economic and political uncertainty appeared first on PropertyWire . Continue reading →
Sales and prices up in Canada, latest index data shows
Nationally home sales in Canada increased by 5.2% month on month in February but actual, not seasonally adjusted, activity was down 2.6% from a year earlier, the latest index data shows. Average prices were up 3.5% from January’s gain reflecting an acceleration in home price increases, particularly for single family homes in and around Toronto, […] The post Sales and prices up in Canada, latest index data shows appeared first on PropertyWire . Continue reading →
Rising interest rates could have a significant effect on US property market
Over half of people considering buying a home in the United States consider rising interest rates to be among the top factors affecting their ability to do so, new research has found. Some 53% are worried about the fact that mortgage rates have increased since the Presidential election and believe that there will be more […] The post Rising interest rates could have a significant effect on US property market appeared first on PropertyWire . Continue reading →