economic

Caribbean property market starting to recover as sales pick up post global downturn

The real estate market in the Caribbean was affected by the global economic crisis of 2008 and is slowly recovering with the main locations for overseas buyers set for a more positive 2017. Some challenges remain in the residential property market, most notably an oversupply in some areas and uncertainty over how Donald Trump’s presidency […] The post Caribbean property market starting to recover as sales pick up post global downturn appeared first on PropertyWire . Continue reading

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Property market demand set to fall in UK in 2017 and prices rise by up to 4%

Demand for home in the UK is set to fall in 2017 but an ongoing shortage of supply will mean prices continue to rise, according to new research. With not enough new homes being built and historic low interest rates the supply and demand gap will go on although slower economic growth and affordability constraints […] The post Property market demand set to fall in UK in 2017 and prices rise by up to 4% appeared first on PropertyWire . Continue reading

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Stamp duty change in Hong Kong set to slow down real estate market in 2017

Residential sales in Hong Kong increased in November despite an increase in stamp duty for not first time buyers, the latest data shows. In a bid to reign in rising home prices and help first time buyers get on the housing market the Hong Kong Government raised the stamp duty rate for non first time […] The post Stamp duty change in Hong Kong set to slow down real estate market in 2017 appeared first on PropertyWire . Continue reading

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