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Asking prices in UK edge up in January but down significantly from a year ago

Average asking prices in England and Wales have increased 3.1% in the last 12 months but in Greater London values have fallen into negative territory with prices down 1.1% over the last year. Month on month asking prices crept up 0.1% to an average of £296,761 but fell in Wales, Scotland and three regions in […] The post Asking prices in UK edge up in January but down significantly from a year ago appeared first on PropertyWire . Continue reading

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Home approvals in Australia bounced back towards end of 2016

Approvals for new homes in Australia bounced back towards the end of last year and are expected to remain positive in 2017. They increased by 7% in November compared to the previous month, according to the figures published by the Australian Bureau of Statistics. But more apartments than houses are being built. Apartment approvals increased […] The post Home approvals in Australia bounced back towards end of 2016 appeared first on PropertyWire . Continue reading

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Rental growth in UK slowed in second half of 2016

Residential rent growth in the UK slowed considerably in the second half of 2016 and ended the year with annual growth of 1.7%, down from the 3.8% recorded in December 2015, the latest index shows. Landlords agreeing new tenancies during December achieved more modest increases in rent than in previous months, with the annual rate […] The post Rental growth in UK slowed in second half of 2016 appeared first on PropertyWire . Continue reading

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