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Fall in supply helps to slow annual decline in prime central London rents

The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading

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Cheapest and most expensive home sales in England and Wales revealed

The latest data from the land registry shows that the cheapest home sold in England and Wales was just £14,000 and the most expensive over £16 million at the end of 2016. Overall the official data shows that some 31,955 sales took place in England and Wales in December 2016. Some 610 were properties in […] The post Cheapest and most expensive home sales in England and Wales revealed appeared first on PropertyWire . Continue reading

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Demand for new developments pushing up prices in parts of New York

Despite the uncertainty and volatility that defined 2016, the real estate market in New York was and even broke several record highs mainly due to sales in new developments, the latest research shows. Prices throughout much of Manhattan and Brooklyn increased in 2016 with median prices, average prices and prices per square foot all reaching […] The post Demand for new developments pushing up prices in parts of New York appeared first on PropertyWire . Continue reading

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