Premier Global Property News Service
The number of properties sold in November across New Zealand increased 17.8% from the previous month, the largest rise at this time of year for six years, the latest index shows. Activity was even stronger outside of Auckland with a rise of 19.4% month on month while in Auckland itself the increase was 13.9%, according […]
The post Sales activity increased more strongly than usual in New Zealand in November appeared first on PropertyWire.
Planning reforms, including reserving a proportion of new build houses for British residents, would help to increase home building and promote home ownership, according to a new report. With the average first time buyer having to save for 10 years for a deposit and home ownership rates falling among the young, the report Homes for […]
The post Report outlines planning reforms needed to boost new home building in the UK appeared first on PropertyWire.
Some 20% of home owners in Scotland want to move in the next five years but a lack of suitable properties for sale is making it hard for them to do so, according to new research. High stamp duty and the overall cost of moving are also factors that are causing the number of people […]
The post Lack of homes for sale preventing a fifth of owners in Scotland from moving appeared first on PropertyWire.
House prices in the UK remained broadly flat at a national level in November with regional variations and activity stabilising, according to the latest analysis report. The near term outlook for prices and sales is flat with chartered surveyors unconvinced that the housing market will gain impetus in the coming months. The report from the […]
The post Property prices in the UK were flat in November, latest RICS survey shows appeared first on PropertyWire.
Rents in the UK fell marginally by 0.01% in November and while it is a tiny decline it is the first decrease in five years with a two speed market emerging, according to the latest index. In 2017 to date rents have increased by just 0.53% compared with 1.22% during the same period in 2016 […]
The post Rents in UK private rented sector fall nationally for first time in five years appeared first on PropertyWire.
Sydney and Melbourne have experienced the strongest property value growth over the past decade while the other capital cities have generally seen comparatively moderate value increases. The latest research from real estate firm CoreLogic reveals that the region that has recorded the greatest increase in dwelling values over the past decade is Wyndham in Melbourne […]
The post Top performing housing markets in Australia over last decade are in Sydney and Melbourne appeared first on PropertyWire.
More than 6,000 new homes have been built over the last three years in the East of London but supply has not kept up with demand and as a result prices have increased, according to a new analysis. In Canary Wharf more than 2,900 units were completed between 2015 and 2017, accounting for 52% of […]
The post Demand exceeding supply in new cultural, business and finance hubs in East London appeared first on PropertyWire.
The Red Book is recognised throughout the property industry as the leading standard for valuation. In June 2017 it was updated to incorporate changes to the International Valuation Standards (IVS) to ensure that it continues to reflect best practice, not just in the way a valuation is done, but also in the way professionals conduct […]
The post RICS Valuation Standards: a guide to the key changes appeared first on PropertyWire.
Manchester is the top location for buy to let investment in England and Wales with cities in the North of England at the bottom, according to the latest lending index. The highest yields for landlords are in Manchester at 5.55% and the city is also top in terms of rental growth at 5.76% and has […]
The post Manchester tops the buy to let index for England and Wales appeared first on PropertyWire.
Average rents in the prime central London market reached £573 per week in November for homes with two bedrooms or less, representing 87% of the lettings market, a new analysis shows. Year on year rents were up 3%, the second month of growth, indicating the first signs of a turnaround in the sector, according to […]
The post Rents up year on year in prime central London, second month of growth appeared first on PropertyWire.
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