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Prime property price growth slowing in key global cities
Luxury homes in some of the world’s top cities saw a slowdown in price growth in the last quarter as new taxes, elections, referendums and economic jitters had an effect. Despite an average annual growth rate of 3.8% some 18 of the 37 cities tracked by the Knight Frank prime global cities index saw their […] The post Prime property price growth slowing in key global cities appeared first on PropertyWire . Continue reading →
One in four sales in UK was a buy to let or second home in third quarter of 2016
One in four properties bought in the UK in the third quarter of 2016 was a buy to let or a second home, new figures from the tax department show. The introduction of an extra 3% stamp duty charge on additional home in April of this year has enabled figures to be published for the […] The post One in four sales in UK was a buy to let or second home in third quarter of 2016 appeared first on PropertyWire . Continue reading →
House prices near London’s M25 up over 550% since iconic oribtal was built
The average house price in 40 towns close to the M25, London’s iconic orbital motorway, has increased by 551% since it was opened 30 years ago, but not as much as prices in the city, new research shows. Average values have grown from £59,183 in 1986 to £385,085 in 2016, a rise of £325,903 equivalent […] The post House prices near London’s M25 up over 550% since iconic oribtal was built appeared first on PropertyWire . Continue reading →




