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Property prices growth in key Australian cities continues, latest index shows

Property prices in state capital cities in Australia increased further in February, recording an average rise of 1.4% and led by Sydney, the latest index shows. It means that the current growth cycle is approaching five years in duration with rises in prices for 58 months, according to the figures from real estate firm CoreLogic. […] The post Property prices growth in key Australian cities continues, latest index shows appeared first on PropertyWire . Continue reading

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Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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New rents in UK up 2.6% in January, but falling in London

New rents in the UK increased by 2.6% in January overall year on year, the fastest rise for the month in two years but continued to fall in London, the latest index shows. January saw 36% of landlords increase the rent when signing a new tenancy, up from 27% at the same time last year, […] The post New rents in UK up 2.6% in January, but falling in London appeared first on PropertyWire . Continue reading

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