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UK property prices continue to grow, up 1.3% in August, official data shows

Property prices in the UK increased by 1.3% in August and are up 8.4% compared to a year ago, taking the average price to £218,964, the latest index shows. The figures from the Office of National Statistics (ONS) also show that prices increased across most of the country with only Wales and the North East […] The post UK property prices continue to grow, up 1.3% in August, official data shows appeared first on PropertyWire . Continue reading

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Survey suggests buyers and sellers in UK are affected by Brexit

Some 40% of business owners and small businesses in the UK expect buyers and sellers of houses to hold back until there is greater clarity on the impact of Brexit. Of these, 30% expect house prices to fall by 5% over the next year and 11% believe prices will fall by 10% over the next […] The post Survey suggests buyers and sellers in UK are affected by Brexit appeared first on PropertyWire . Continue reading

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Property prices still falling in Dubai and likely to continue downward

Residential property prices in Dubai continued to drop in the third quarter of the year and further declines are expected, according to the latest research note. Apartment lease rates fell by 3.4% and sale prices declined 4.1%, while lease rates for villa fell 1.8% and sales were down 4.8%, the data from the Phidar House […] The post Property prices still falling in Dubai and likely to continue downward appeared first on PropertyWire . Continue reading

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