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Stamp duty change in Hong Kong set to slow down real estate market in 2017
Residential sales in Hong Kong increased in November despite an increase in stamp duty for not first time buyers, the latest data shows. In a bid to reign in rising home prices and help first time buyers get on the housing market the Hong Kong Government raised the stamp duty rate for non first time […] The post Stamp duty change in Hong Kong set to slow down real estate market in 2017 appeared first on PropertyWire . Continue reading →
Estate agents in UK see demand and supply fall towards end of 2016
Demand from buyers in the UK residential market fell in November and so did the number of properties being put up for sale, the latest research shows. The number of sales agreed also dropped but most of the slowdown is regarded as being due to the season rather than a further fall out from the […] The post Estate agents in UK see demand and supply fall towards end of 2016 appeared first on PropertyWire . Continue reading →
Surveyors forecast UK house prices will rise by 3% in 2017
House prices in the UK will see an average increase of 3% over the course of 2017 and sales numbers are likely to stabilise, according to surveyors. But the shortage of supply will continue and this could be the main driver behind higher prices while rents are expected to increase by up to 3%, says […] The post Surveyors forecast UK house prices will rise by 3% in 2017 appeared first on PropertyWire . Continue reading →