Cities

Property costs in London now more competitive on global stage due to Brexit

Property in London is now more competitive on the world stage as Brexit has pushed it down the global real estate rankings, new research shows. This time last year London was the most expensive world class city for international businesses to rent office and living space for their employees, but the devaluation of sterling means […] The post Property costs in London now more competitive on global stage due to Brexit appeared first on PropertyWire . Continue reading

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Lack of supply and high prices hit home sales market in the US

A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading

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Brexit brings down the price of farm land in England and Wales

Farm land values in England and Wales fell in 2016, caused by concerns about how Brexit will affect the rural sector, but could stabilise this year, according to new research. Overall values fell by 2.6% in the final quarter of 2016 and were down 9% year on year, the biggest annual decline since 1999, the […] The post Brexit brings down the price of farm land in England and Wales appeared first on PropertyWire . Continue reading

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