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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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Sales in UK property market reach 10 year high

The number of sales agreed in the UK rose to a 10 year high in February but sales to first time buyers fell, according to the latest figures from estate agents. The data from the National Association of Estate Agents (NAEA) shows that transactions increased to 11 per branch and the last time this figure […] The post Sales in UK property market reach 10 year high appeared first on PropertyWire . Continue reading

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Research reveals how much a home ‘earns’ for an owner

Property owners in one in three areas in UK areas earn more from owning their home than they do from their work, new research has found. Overall house prices outpace owners’ earnings in 119 areas and 17% of all local areas have seen average house prices increase by more than total average pay, according to […] The post Research reveals how much a home ‘earns’ for an owner appeared first on PropertyWire . Continue reading

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