Tag Archives: housing
Stamp duty impacts Hong Kong property market with sales down almost 50%
The decision to raise stamp duty rates to 15% for all but local first time buyers in early November has led to a slowdown in sales in Hong Kong. Residential sales fell by 47.3% month on month in December 2016 across all price ranges as the tax change combined with the holiday season to dampen […] The post Stamp duty impacts Hong Kong property market with sales down almost 50% appeared first on PropertyWire . Continue reading →
Average house price in England could reach close to £1 million by 2037
Residential property prices in England could average over £300,000 in the next decade if they rise as much as they have in the last 10 years, new research shows. In London they would rise to over £800,000 and in the South East of England the average would be over £445,000, according to the study from […] The post Average house price in England could reach close to £1 million by 2037 appeared first on PropertyWire . Continue reading →
New homes sales bounced back in Australia in November 2016, latest data shows
New homes sales in Australia bounced back towards the end of last year after a two year low in October 2016, the latest data shows. Annual sales increased by 6.1% in November but over the quarter they fell by 0.7% although this was only 0.2% below the same three month period in 2015, according to […] The post New homes sales bounced back in Australia in November 2016, latest data shows appeared first on PropertyWire . Continue reading →