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Median house prices rise across New Zealand but sales are down

Median house prices have risen again in New Zealand with some regions reaching record highs but sales were down or flat, the latest index data shows. Year on year median prices were up 11% in December 2016 to $516,000, just $4,000 below the record high set the previous month, according to the figures from the […] The post Median house prices rise across New Zealand but sales are down appeared first on PropertyWire . Continue reading

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Official data shows property prices in UK up almost 7% in 12 months to November 2016

Residential property prices in the UK increased by 6.7% in the 12 months to November 2016, according to the latest official data to be published. Prices were also up 1.1% month on month, taking the average price of a property to £217,928, the figures from the Office of National Statistics (ONS) shows. The main contribution […] The post Official data shows property prices in UK up almost 7% in 12 months to November 2016 appeared first on PropertyWire . Continue reading

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Report sets out barriers facing smaller builders eager to tackle housing crisis

Numerous and varied barriers, including finance, planning and red tape are preventing smaller firms from playing a bigger part in tackling the housing crisis in the UK, according to a new report. Over the past 25 years the number of SME builders has reduced by around 80%, but just getting back to the number operating […] The post Report sets out barriers facing smaller builders eager to tackle housing crisis appeared first on PropertyWire . Continue reading

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