Tag Archives: purchase
Property sales fall across New Zealand but prices up in most locations
Residential property sales in New Zealand fell by 9% month on month in October and are now 14% below where they were a year ago according to the latest index figures. The data from the Real Estate Institute of New Zealand (REINZ) also shows that sales fell year on year in Auckland by 16% and […] The post Property sales fall across New Zealand but prices up in most locations appeared first on PropertyWire . Continue reading →
Mortgage arrear rate in UK at 20 year low
The overall rate of mortgage arrears in the UK is still at a 20 year low with no change between the second and third quarters of 2016, the latest published data shows. According to figures from the Council of Mortgage Lenders some 0.84% of all mortgages recorded arrears, equivalent to more than 2.5% of the […] The post Mortgage arrear rate in UK at 20 year low appeared first on PropertyWire . Continue reading →
Higher stamp duty behind sharp decline in prime property sales in central London
The prime central London residential property market has experienced a sharp decline in sales volumes since the middle of 2014 mainly due to higher stamp duty rates, a new report confirms. However, while sales have been weaker, a combination of lower asking prices and a weaker pound has begun to push demand indicators higher in […] The post Higher stamp duty behind sharp decline in prime property sales in central London appeared first on PropertyWire . Continue reading →