property markets
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 →
Economic and political uncertainty hits global prime residential rents
Global economic and political uncertainty has contributed to a slowdown in prime global rents, with rental growth stalling, the latest index shows. In the 12 months to September 2016 rents were unchanged overall but some regions have outperformed, with prime rents in North America rising by 5.1% on average, the data from the Knight Frank […] The post Economic and political uncertainty hits global prime residential rents appeared first on PropertyWire . Continue reading →
Sales data shows transactions in UK residential market edged up in November
Sales of residential properties in the UK increased by 0.8% in November while commercial transactions were up by 5.1%, the latest published data shows. However, the monthly sales of homes was down 7.3% compared to November last year, according to the figures from HMRC. The HMRC report also say that a large increase in sales […] The post Sales data shows transactions in UK residential market edged up in November appeared first on PropertyWire . Continue reading →