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Sales rising in prime central London property market but prices down considerably

Despite a backdrop of political uncertainty, sales volumes are rising in the central London prime property market as lower asking prices release pent-up demand, according to the latest research. Indeed, November was the second highest month for sales volumes in 2016 after a stamp duty spike in March, says the analysis report from international real […] The post Sales rising in prime central London property market but prices down considerably appeared first on PropertyWire . Continue reading

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Stamp duty change in Hong Kong set to slow down real estate market in 2017

Residential sales in Hong Kong increased in November despite an increase in stamp duty for not first time buyers, the latest data shows. In a bid to reign in rising home prices and help first time buyers get on the housing market the Hong Kong Government raised the stamp duty rate for non first time […] The post Stamp duty change in Hong Kong set to slow down real estate market in 2017 appeared first on PropertyWire . Continue reading

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US real estate prices growing at fastest annual pace since 2006

National prices across the United States increased at their fastest annual pace since 2006, near the peak of the housing bubble, the latest index data shows. Home values are 6.5% higher than in November 2015, according to the Zillow Home Value Index which reached $192,500, just 2% short of the records set in 2007. However, […] The post US real estate prices growing at fastest annual pace since 2006 appeared first on PropertyWire . Continue reading

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