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Remortgages drive growth in UK home lending market
Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading →
Property sales fall across New Zealand but prices up in most locations
Residential property sales in New Zealand fell by 9% month on month in October and are now 14% below where they were a year ago according to the latest index figures. The data from the Real Estate Institute of New Zealand (REINZ) also shows that sales fell year on year in Auckland by 16% and […] The post Property sales fall across New Zealand but prices up in most locations appeared first on PropertyWire . Continue reading →
Job concerns and fall in oil prices impacting property markets in Abu Dhabi
The Abu Dhabi residential real estate market saw a slight slowdown in the first half of 2016, mainly due to the decrease in oil prices since the beginning of 2015, according to the latest analysis report. Overall, residential rental rates decreased by 3% on average with high end property rents down by 4% while there […] The post Job concerns and fall in oil prices impacting property markets in Abu Dhabi appeared first on PropertyWire . Continue reading →