Yields
Latest asking prices suggest parts of UK property market are cooling
The UK residential property market is cooling with the latest index showing that most regions have seen small falls in average asking prices although this is partly in line with seasonal expectations. Since October prices have fallen in six of the nine English regions and Wales but not in Scotland while Greater London is currently […] The post Latest asking prices suggest parts of UK property market are cooling appeared first on PropertyWire . Continue reading →
Prime lettings market in London benefitting from sales slowdown
A slower sales market in London’s super prime lettings sector over the past 12 months has boosted demand as tax changes have led to greater price sensitivity among buyers. In particular higher rates of stamp duty have altered the dynamics of both the lettings and sales markets in prime central London so sales have slowed […] The post Prime lettings market in London benefitting from sales slowdown appeared first on PropertyWire . Continue reading →
New homes sales up for second month in a row in Australia
New home sales in Australia increased in September 2016 for a consecutive month, up 3.8%, a further increase on the 2.9% recorded the previous month, the latest data shows. The month on month growth was driven by detached house sales which increased by 3.8% while apartment sales were down by 0.8%, according to the survey […] The post New homes sales up for second month in a row in Australia appeared first on PropertyWire . Continue reading →