recovery

Property firm launches dedicated office at London Nine Elms regeneration site

Property firm JLL is expanding its residential agency business and announced a new office in the heart of London’s regeneration area at Nine Elms. It says that contrary to recent reporting, JLL’s research shows that average new build values and sales rates have remained robust, nearly doubling since the first residential scheme Riverlight was launched […] The post Property firm launches dedicated office at London Nine Elms regeneration site appeared first on PropertyWire . Continue reading

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Pending home sales in US fall again to lowest level since January

After bouncing back in July, pending home sales in the United States cooled in August for the third time in four months, taking them to their lowest level since January. The latest pending home sales index from the National Association of Realtors, a forward looking indicator based on contract signings, fell by 2.4% to 108.5 […] The post Pending home sales in US fall again to lowest level since January appeared first on PropertyWire . Continue reading

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Prime property rents up by 0.5% year on year globally, latest index shows

Prime global property rents increased by 0.5% in the year to June 2016, the first indication of a recovery in this real estate sector for 12 months, the latest index data shows. Growth was led by Moscow with prime rents rising by 11.1% on an annual basis while North America is the strongest performing world […] The post Prime property rents up by 0.5% year on year globally, latest index shows appeared first on PropertyWire . Continue reading

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