slowdown

New home building set to slow in Australia after unprecedented growth

New home building in Australia will slow for the next two years but will bottom out at what will still be a historically healthy level of activity, it is suggested. The latest forecast from the Housing Industry Association (HIA) says it expects a measured return to more normal levels of home building activity over the […] The post New home building set to slow in Australia after unprecedented growth appeared first on PropertyWire . Continue reading

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Solid UK housing market to see prices continue steady year on year rises

A new forecast from the Office for Budget Responsibility (OBR) suggests that while property price growth in the UK is set to slow, values will continue steadily upwards year on year. Compared to the last guidance issued in March the OBR has made a number of revisions to its forecasts, noting that both house price […] The post Solid UK housing market to see prices continue steady year on year rises appeared first on PropertyWire . Continue reading

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UK residential rents up 2.3% year on year, but fall in Scotland

Rent prices in the UK increased by 2.3% in the 12 months to October 2016 but there are regional differences and rates have fallen in Scotland. The index data from the Office of National Statistics shows that rent increased by 2.5% in England and by 0.4% in Wales but fell by 0.2% in Scotland. The […] The post UK residential rents up 2.3% year on year, but fall in Scotland appeared first on PropertyWire . Continue reading

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