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Stamp duty increase set to slow down property sales in Hong Kong
An increase in stamp duty rates in Hong Kong is expected to drag down the number of residential sales but prices should remain steady due to strong end-user demand and a robust primary market. Overall the property market remained active in October with sales volumes reaching 6,601 units, doubling the level of a year ago, […] The post Stamp duty increase set to slow down property sales in Hong Kong appeared first on PropertyWire . Continue reading →
Slowdown in Auckland property market confirmed by latest figures
After seven years of constantly rising prices the housing market in Auckland, New Zealand, has seen the rate of price rises slowing, according to the latest data to be published. The signs of a slowing market have been there for some time, according to the figures from real estate firm Barfoot and Thompson, but the […] The post Slowdown in Auckland property market confirmed by latest figures appeared first on PropertyWire . Continue reading →
UK property market activity slowed in November, but much less than a year ago
New listings for UK properties fell by 4.7% in November but the figures is much higher than the fall of 12% recorded in activity in the same month in 2015. The activity index from Agency Express also shows that the number of properties sold fell by 1.8% but again this is less than the fall […] The post UK property market activity slowed in November, but much less than a year ago appeared first on PropertyWire . Continue reading →