home building

New home sales slow in Australia but renovation market set to take off

New home sales in Australia are slowing down with the latest figures showing that transactions for detached houses increased in just two states. Overall there was little movement in the market, up just 0.2% in February with approvals for new homes downy by 2.2%, according to the Housing Industry Association (HIA). The figures come at […] The post New home sales slow in Australia but renovation market set to take off 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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House price growth increased across the UK in first weeks of 2017

Average house prices in the UK increased by 6.2% in the 12 months to January 2017, up from 5.7% in the year to December 2016, according to the latest official figures to be published. The average UK house price was £218,000 in January, some £13,000 higher than in January 2016 and £1,000 higher than December […] The post House price growth increased across the UK in first weeks of 2017 appeared first on PropertyWire . Continue reading

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