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Number of homes worth a million dollars or more soars in Australia

There was a time in which having a home in Australia worth $1 million or more meant that the property was exclusive and rare but now the number of areas with properties in this price bracket have soared. The latest data shows that in the five years to the end of December 2016 the numbers […] The post Number of homes worth a million dollars or more soars in Australia appeared first on PropertyWire . Continue reading

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House prices set to grow by 3.5% in the UK in 2017

House price rises in the UK will slow in 2017 but a crash is highly unlikely due to a sound economic outlook despite Brexit, according to a new analysis. Stability in the housing market is predicted throughout the year with house price inflation slowing to 3.5%, says the forecast from economists at Lancaster University Management […] The post House prices set to grow by 3.5% in the UK in 2017 appeared first on PropertyWire . Continue reading

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Fall in supply helps to slow annual decline in prime central London rents

The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading

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