Real Estate

Lack of supply boosting property sales in hotspots in Scotland

Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading

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Property prices growth in key Australian cities continues, latest index shows

Property prices in state capital cities in Australia increased further in February, recording an average rise of 1.4% and led by Sydney, the latest index shows. It means that the current growth cycle is approaching five years in duration with rises in prices for 58 months, according to the figures from real estate firm CoreLogic. […] The post Property prices growth in key Australian cities continues, latest index shows appeared first on PropertyWire . Continue reading

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Property costs in London now more competitive on global stage due to Brexit

Property in London is now more competitive on the world stage as Brexit has pushed it down the global real estate rankings, new research shows. This time last year London was the most expensive world class city for international businesses to rent office and living space for their employees, but the devaluation of sterling means […] The post Property costs in London now more competitive on global stage due to Brexit appeared first on PropertyWire . Continue reading

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