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Surveyors forecast UK house prices will rise by 3% in 2017
House prices in the UK will see an average increase of 3% over the course of 2017 and sales numbers are likely to stabilise, according to surveyors. But the shortage of supply will continue and this could be the main driver behind higher prices while rents are expected to increase by up to 3%, says […] The post Surveyors forecast UK house prices will rise by 3% in 2017 appeared first on PropertyWire . Continue reading →
Economic and political uncertainty hits global prime residential rents
Global economic and political uncertainty has contributed to a slowdown in prime global rents, with rental growth stalling, the latest index shows. In the 12 months to September 2016 rents were unchanged overall but some regions have outperformed, with prime rents in North America rising by 5.1% on average, the data from the Knight Frank […] The post Economic and political uncertainty hits global prime residential rents appeared first on PropertyWire . Continue reading →
Sales data shows transactions in UK residential market edged up in November
Sales of residential properties in the UK increased by 0.8% in November while commercial transactions were up by 5.1%, the latest published data shows. However, the monthly sales of homes was down 7.3% compared to November last year, according to the figures from HMRC. The HMRC report also say that a large increase in sales […] The post Sales data shows transactions in UK residential market edged up in November appeared first on PropertyWire . Continue reading →