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New rents fall 0.8% across the UK with latest index revealing slowdown trend

New rents across the UK fell by 0.8% in September and at an average of £910 per month are now just 3% above a year ago, according to the latest index. It is the slowest annual growth rate recorded this year by the HomeLet Rental Index and means that rental price inflation has fallen in […] The post New rents fall 0.8% across the UK with latest index revealing slowdown trend appeared first on PropertyWire . Continue reading

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Asking prices up across all of UK but sellers are too optimistic, index suggests

Residential asking prices in the UK increased by 0.7% since September, led by the East of England, but sellers could be being too optimistic with their pricing, says the latest index report. Month on month asking prices increased by 0.7% in England, by 0.3% in Scotland and by 0.2% in Wales and are 4.4%, 5.3% […] The post Asking prices up across all of UK but sellers are too optimistic, index suggests appeared first on PropertyWire . Continue reading

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Auckland property market subdued by tougher lending conditions

The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading

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