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New home sales slow in Australia but renovation market set to take off
New home sales in Australia are slowing down with the latest figures showing that transactions for detached houses increased in just two states. Overall there was little movement in the market, up just 0.2% in February with approvals for new homes downy by 2.2%, according to the Housing Industry Association (HIA). The figures come at […] The post New home sales slow in Australia but renovation market set to take off appeared first on PropertyWire . Continue reading →
March dip in UK house prices seen as a blip and not a trend
House price growth in the UK slowed in March with the latest index figures showing that values fell by 0.3% and annual growth was down to 3.5% taking the average price to £207,308. The data from lender the Nationwide also shows that there has been some convergence in terms of regional price growth with the […] The post March dip in UK house prices seen as a blip and not a trend appeared first on PropertyWire . Continue reading →
UK property lending market sees rise in buyers with smaller deposits
Home buyers needing small deposits are making up a larger share of the property market with the latest figures showing they account for more than a fifth of all new mortgage approvals. In total home borrowers with a deposit of 15% or less made up 20.5% of the market in February, substantially higher than both […] The post UK property lending market sees rise in buyers with smaller deposits appeared first on PropertyWire . Continue reading →