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Property prices in Australian capital cities up by almost 11% year on year

Property prices in capital cities in Australia increased by 1.4% in December and by 10.9% year on year, the highest annual growth since 2009, the latest index figures show. But there is considerable variation with annual prices rising by 15.5% in Sydney but falling 4.3% in Perth while Melbourne and Hobart recorded gains higher than […] The post Property prices in Australian capital cities up by almost 11% year on year appeared first on PropertyWire . Continue reading

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Councils in England holding up new homes being built, says hard hitting report

The number of new home being built in England is increasing but builders say they are often being held up by planning conditions, especially on smaller development sites. The data from the latest housing pipeline report from the Home Builders Federation (HBF) and Glenigan shows that permissions for 76,242 homes were granted in England in […] The post Councils in England holding up new homes being built, says hard hitting report appeared first on PropertyWire . Continue reading

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Housing stock value growth shows extent of US property market recovery

The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading

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