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New home sales slow in Australia but renovation market set to take off

New home sales in Australia are slowing down with the latest figures showing that transactions for detached houses increased in just two states. Overall there was little movement in the market, up just 0.2% in February with approvals for new homes downy by 2.2%, according to the Housing Industry Association (HIA). The figures come at […] The post New home sales slow in Australia but renovation market set to take off appeared first on PropertyWire . Continue reading

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Brexit accelerated slowdown in prime central London property market, analysis suggests

The decision by the UK to leave the European Union accelerated the slowdown in the prime property market in central London but it is now seeing a more normal amount of activity, according to the latest research. The latest analysis from real estate firm Cluttons eight months on from the referendum on membership of the […] The post Brexit accelerated slowdown in prime central London property market, analysis suggests appeared first on PropertyWire . Continue reading

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Pending home sales jumped sharply in the US in February

Pending home sales in the United States rebounded sharply in February to their highest level in nearly a year and second highest level in over a decade, the latest index shows. The pending home sales index from the National Association of Realtors (NAR) shows that all major regions saw a notable hike in contract activity […] The post Pending home sales jumped sharply in the US in February appeared first on PropertyWire . Continue reading

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