economic

Sydney and Melbourne lead property price growth in Australia, official figures show

Residential property prices in Australia increased by 4.1% in the final quarter of 2016, the strongest quarterly growth recorded since June 2015, according to latest official figures to be published. Melbourne recorded the largest increased through the year of all capital cities with a rise of 10.8% followed closely by Sydney with a rise of […] The post Sydney and Melbourne lead property price growth in Australia, official figures show appeared first on PropertyWire . Continue reading

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Average prices in prime central London market reached a new high in 2016

Average prices in the prime central London property market reached a new high of £1,818,262 in 2016 with the market rallying in the final quarter of the year, a new analysis suggests. Indeed, in the final three months of the year prices in this sector increased 14% quarter on quarter and overall the year ended […] The post Average prices in prime central London market reached a new high in 2016 appeared first on PropertyWire . Continue reading

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International economic think tank calls on UK to build homes on green belt

It is well known that there is a shortage of housing in the UK and now the world’s leading economic think tank has written a report calling for more homes to be built. The Organisation for Economic Co-operation and Development (OECD) says lack of housing is holding back Britain’s growth and it believes that planning […] The post International economic think tank calls on UK to build homes on green belt appeared first on PropertyWire . Continue reading

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