property market
Residential market in Dubai close to bottom and likely to stagnate in 2017
Lower oil prices and currency changes affecting expats have affected Dubai’s residential real estate market with prices and rents still down in the fourth quarter of 2016 but now close to bottom. But the decline in the market is slowing and property experts believe that rents and prices will be more stable in the first […] The post Residential market in Dubai close to bottom and likely to stagnate in 2017 appeared first on PropertyWire . Continue reading →
Asking prices in UK edge up in January but down significantly from a year ago
Average asking prices in England and Wales have increased 3.1% in the last 12 months but in Greater London values have fallen into negative territory with prices down 1.1% over the last year. Month on month asking prices crept up 0.1% to an average of £296,761 but fell in Wales, Scotland and three regions in […] The post Asking prices in UK edge up in January but down significantly from a year ago appeared first on PropertyWire . Continue reading →
Brexit unlikely to dent London as focus for property investment in Europe
London will remain an attractive location for commercial property investment in Europe despite Brexit although some banks and financial organisations may move out of the city, new research suggests. They could look to take space in other European cities such as Frankfurt and Berlin as a result of the decision by the UK to leave […] The post Brexit unlikely to dent London as focus for property investment in Europe appeared first on PropertyWire . Continue reading →