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Almost a third of homes for sale in UK towns and cities have prices cuts

Almost a third of properties for sale in major towns and cities in the UK have been reduced in prices with most of them located in the north of the country where property markets have been slower to recover from the downturn. Indeed, 17 of the top 20 locations for price cuts are in the […] The post Almost a third of homes for sale in UK towns and cities have prices cuts appeared first on PropertyWire . Continue reading

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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

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UK housing policy makers urged to learn from private rented sector in Germany

As the UK awaits the publication of the Government’s White Paper on housing a new analysis suggests that policy makers could learn a lot from the property market in Germany. On the face of it the two nations have very different housing policies and plans with more people in Germany renting than owning a home […] The post UK housing policy makers urged to learn from private rented sector in Germany appeared first on PropertyWire . Continue reading

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