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Property prices in Australian capital cities up by almost 11% year on year

Property prices in capital cities in Australia increased by 1.4% in December and by 10.9% year on year, the highest annual growth since 2009, the latest index figures show. But there is considerable variation with annual prices rising by 15.5% in Sydney but falling 4.3% in Perth while Melbourne and Hobart recorded gains higher than […] The post Property prices in Australian capital cities up by almost 11% year on year appeared first on PropertyWire . Continue reading

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Housing stock value growth shows extent of US property market recovery

The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading

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Construction of UK’s first starter homes to get underway later this year

First time buyers in the UK will be able to buy a new starter home at a discount of at least 20% if they are aged between 23 and 40, the housing minister has confirmed. Gavin Barwell has announced that the first of thousands of new Starter Homes will be built on brownfield sites across […] The post Construction of UK’s first starter homes to get underway later this year appeared first on PropertyWire . Continue reading

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