The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
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British buyers want a garden and security, new research finds
When it comes to buying a home British people still want a traditional garden and a touch of modernity means broad band speed it also important, new research shows. But trends like wanting to live near a particular supermarket as it might push prices up, known as the Waitrose effect, has little appeal, according to […] The post British buyers want a garden and security, new research finds appeared first on PropertyWire . Continue reading →
House prices in key global cities up 5.5% on average year on year
House prices across 150 key cities around the world increased by 5.5% on average in the year to June 2016, the strongest annual rate of growth for two years. Of the 150 cities tracked by the Knight Frank global residential cities index some 114 recorded positive annual price growth in the year to June and, […] The post House prices in key global cities up 5.5% on average year on year appeared first on PropertyWire . Continue reading →