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Almost a third of homes for sale in UK towns and cities have prices cuts

Almost a third of properties for sale in major towns and cities in the UK have been reduced in prices with most of them located in the north of the country where property markets have been slower to recover from the downturn. Indeed, 17 of the top 20 locations for price cuts are in the […] The post Almost a third of homes for sale in UK towns and cities have prices cuts appeared first on PropertyWire . Continue reading

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Fall in supply helps to slow annual decline in prime central London rents

The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading

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Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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