Development

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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House prices in areas of UK with largest falls in unemployment see biggest gains

Areas with the largest falls in unemployment in the UK have seen houses prices soar by almost £100,000 in the past decade, new research has found. Whilst the 10 areas with the highest unemployment rates recorded average house price growth of just 10%, less than half the national average of 25% since 2007, according to […] The post House prices in areas of UK with largest falls in unemployment see biggest gains 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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