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Apartment rents fell across most of Dubai in 2016 and set for further decline in 2017
Rents for apartments in Dubai fell in most sectors during 2016 but some locations saw lease values rise, according to data from the official index published annually by the land department. The data from the Dubai Land Department shows that rents for two bedroom apartments, one of the most popular types of rental properties, fell […] The post Apartment rents fell across most of Dubai in 2016 and set for further decline in 2017 appeared first on PropertyWire . Continue reading →
Home owners in UK aged 55 and over face poor mortgage choice
Despite more products being on offer the mortgage market in the UK still does not offer enough for people aged 55 and over, research suggests. A survey found that estate agents are becoming increasingly concerned about mortgage lending restrictions for customers aged 55 and over and the impact on the wider housing market. Some 58% […] The post Home owners in UK aged 55 and over face poor mortgage choice appeared first on PropertyWire . Continue reading →
Property prices in Australian capital cities up by almost 11% year on year
Property prices in capital cities in Australia increased by 1.4% in December and by 10.9% year on year, the highest annual growth since 2009, the latest index figures show. But there is considerable variation with annual prices rising by 15.5% in Sydney but falling 4.3% in Perth while Melbourne and Hobart recorded gains higher than […] The post Property prices in Australian capital cities up by almost 11% year on year appeared first on PropertyWire . Continue reading →