economic

First time buyer activity in UK housing market soars at expense of buy to let

First time buyer activity accounted or 36% of UK housing market in February, up from 28% a year ago but the buy to let market has fallen off considerably, the latest research shows. Indeed, buy to let purchases fell below 10% last month, the first time it has been at that level in five years, […] The post First time buyer activity in UK housing market soars at expense of buy to let appeared first on PropertyWire . Continue reading

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Sales improve in Cyprus but overseas buyers only interested in the coast

The property market in Cyprus is gradually becoming more active and while the number of overseas buyers is up they are only interested in properties in key coastal locations, a new analysis shows. There was a strong increase in sales in December 2016, according to the report from Resolute Asset Management but it says that […] The post Sales improve in Cyprus but overseas buyers only interested in the coast appeared first on PropertyWire . Continue reading

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Prime property prices in key global cities up 1.4% on average in 2016

Prices in key prime property markets around the world increased by 1.4% on average year on year, almost unchanged from the increase recorded in 2015, the latest global index shows. Australasia was the strongest performing world region in 2016 with prices rising by 11.4% year on year with Shanghai prices up 27.4%, Beijing up 26.7% […] The post Prime property prices in key global cities up 1.4% on average in 2016 appeared first on PropertyWire . Continue reading

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