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UK property market ends 2016 on a positive note despite Brexit

Annual house price growth in the UK ended 2016 at 4.5%, the same as in 2015, but in London it was below the national average for the first time in eight years. The latest index data from lender the Nationwide also shows that month on month prices increased by 0.8% taking the price of an […] The post UK property market ends 2016 on a positive note despite Brexit appeared first on PropertyWire . Continue reading

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Sales rising in prime central London property market but prices down considerably

Despite a backdrop of political uncertainty, sales volumes are rising in the central London prime property market as lower asking prices release pent-up demand, according to the latest research. Indeed, November was the second highest month for sales volumes in 2016 after a stamp duty spike in March, says the analysis report from international real […] The post Sales rising in prime central London property market but prices down considerably appeared first on PropertyWire . Continue reading

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Slow start to UK housing market expected in 2017 due to lack of supply

Sales activity in the UK residential property market is increasing but a slow start to 2017 is expected due to a lack of stock, according to the latest index report. Interest from new buyers increased marginally in November 2016 for the third consecutive month but the figure remains historically low with 13% more surveyors reporting […] The post Slow start to UK housing market expected in 2017 due to lack of supply appeared first on PropertyWire . Continue reading

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