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Potential buyers and tenants in luxury London property market down since Brexit vote
The number of people seeking to buy a luxury property in London has fallen since the UK voted to leave the European Union, new research suggests, lettings are also down but not as much. The luxury rental market in London has been fairly stable since the Brexit vote, with the percentage of people looking to […] The post Potential buyers and tenants in luxury London property market down since Brexit vote appeared first on PropertyWire . Continue reading →
New investor demand in UK commercial property market rebounds post Brexit
Despite some concern surrounding potential relocation of companies based in the UK due to Brexit, demand from overseas buyers in the commercial property sector was up notably across all areas of the market in the fourth quarter of 2016. Demand increased for a second straight quarter with the growth in enquiries gaining momentum but expectations […] The post New investor demand in UK commercial property market rebounds post Brexit appeared first on PropertyWire . Continue reading →
Demand for new developments pushing up prices in parts of New York
Despite the uncertainty and volatility that defined 2016, the real estate market in New York was and even broke several record highs mainly due to sales in new developments, the latest research shows. Prices throughout much of Manhattan and Brooklyn increased in 2016 with median prices, average prices and prices per square foot all reaching […] The post Demand for new developments pushing up prices in parts of New York appeared first on PropertyWire . Continue reading →