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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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Brexit accelerated slowdown in prime central London property market, analysis suggests

The decision by the UK to leave the European Union accelerated the slowdown in the prime property market in central London but it is now seeing a more normal amount of activity, according to the latest research. The latest analysis from real estate firm Cluttons eight months on from the referendum on membership of the […] The post Brexit accelerated slowdown in prime central London property market, analysis suggests appeared first on PropertyWire . Continue reading

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Rents up by almost 5% year on year in Scotland in February, latest index shows

Private sector rents in Scotland increased by almost 5% in the 12 months to February 2017, taking the typical rent to £575 per month, the latest index shows. Overall rents were up by 4.9% but the buy to let index from Your Move suggests that demand is falling and this has resulted in rents falling […] The post Rents up by almost 5% year on year in Scotland in February, latest index shows appeared first on PropertyWire . Continue reading

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