capital
Rate rises not affecting Hong Kong property market with prices set to rise 5% this year
The residential property market in Hong Kong looks set to overcome recent rate rises in the short term, a new analysis suggests, with prices set to rise by 5% in 2017. The final two months of 2016 saw an increase in the Hong Kong Monetary Authority’s base rate to 1% and the introduction of a […] The post Rate rises not affecting Hong Kong property market with prices set to rise 5% this year appeared first on PropertyWire . Continue reading →
Landlords and tenants leaving the lettings market in central London as costs rise
Tenant demand in the residential lettings market in central London is showing signs of slowing and landlords are looking outside the city for higher yielding investment, new research suggests. The number landlords reporting a rise in tenant demand in the fourth quarter of 2016 fell by almost 30% points when compared to the same quarter […] The post Landlords and tenants leaving the lettings market in central London as costs rise appeared first on PropertyWire . Continue reading →
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 →