trillion
Housing stock value in UK passes £5 trillion for the first time
The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading →
Housing stock value growth shows extent of US property market recovery
The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading →
Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue
The national housing market in Australia has continued to show growth over the past quarter with capital city home values increasing by a further 2.7% according to the latest data. The increase in prices has taken the total value of residential property nationally to $6.7 trillion at the end of October 2016, according to the […] The post Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue appeared first on PropertyWire . Continue reading →