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Property prices in UK dipped at start of 2017, latest index shows
Property prices in the UK fell by 0.9% in January and the annual rate of growth slowed from 6.5% in December to 5.7% in the first month of 2017, the latest index shows. But prices were 2.4% higher in the last three months from November to January than in the preceding three months, the data […] The post Property prices in UK dipped at start of 2017, latest index shows appeared first on PropertyWire . Continue reading →
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 →
Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced
A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading →