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Job concerns and fall in oil prices impacting property markets in Abu Dhabi

The Abu Dhabi residential real estate market saw a slight slowdown in the first half of 2016, mainly due to the decrease in oil prices since the beginning of 2015, according to the latest analysis report. Overall, residential rental rates decreased by 3% on average with high end property rents down by 4% while there […] The post Job concerns and fall in oil prices impacting property markets in Abu Dhabi appeared first on PropertyWire . Continue reading

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Downsizers in UK unrealistic about what their money can buy, research suggests

Older home owners in the UK who want to downsize have unrealistic expectations about how much money they will raise as property prices in the country continue to rise, it is claimed. Estate agents are seeing growing demand from clients looking to downsize to raise cash with 66% reporting a rise in enquiries over the […] The post Downsizers in UK unrealistic about what their money can buy, research suggests appeared first on PropertyWire . Continue reading

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Prime lettings market in London benefitting from sales slowdown

A slower sales market in London’s super prime lettings sector over the past 12 months has boosted demand as tax changes have led to greater price sensitivity among buyers. In particular higher rates of stamp duty have altered the dynamics of both the lettings and sales markets in prime central London so sales have slowed […] The post Prime lettings market in London benefitting from sales slowdown appeared first on PropertyWire . Continue reading

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