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Weakening affordability and lack of supply sees home sales fall in the US

After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading

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Signs of recovery in prime central London property market

There are signs of renewed activity in the prime central London residential property market, particularly at the upper end of the price scale, it is suggested. So far in the first quarter of 2017 pent-up demand, the effects of sterling’s fall and more realistic asking prices have combined to trigger a rise in sales, according […] The post Signs of recovery in prime central London property market appeared first on PropertyWire . Continue reading

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Residential property sales in Hong Kong up after pause for New Year festival period

Residential sales volume in Hong Kong rebounded in February, with both sellers and buyers returning to the market after the Lunar New Year festival, particularly in the primary market, the latest research shows. Overall sales rebounded 24% and more new flats were launched during the month, with developers offering various sweeteners to offset the impact […] The post Residential property sales in Hong Kong up after pause for New Year festival period appeared first on PropertyWire . Continue reading

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