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New home building set to slow in Australia after unprecedented growth

New home building in Australia will slow for the next two years but will bottom out at what will still be a historically healthy level of activity, it is suggested. The latest forecast from the Housing Industry Association (HIA) says it expects a measured return to more normal levels of home building activity over the […] The post New home building set to slow in Australia after unprecedented growth appeared first on PropertyWire . Continue reading

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Existing home sales up year on year in the US for 56 months in a row

Existing home sales in the United States increased again in October to the highest annual pace for almost a decade, the latest real estate index shows. All major regions saw monthly and annual sales increases with a national rise of 2% which means that transactions in this sector are now 5.9% above a year ago, […] The post Existing home sales up year on year in the US for 56 months in a row appeared first on PropertyWire . Continue reading

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Ban on letting agent fees divides UK rental industry

Opinion is divided over whether or not the decision to ban letting agent fees in England is a good move for the private rental market. The announcement by Chancellor Philip Hammond that the ban will be introduced as soon as possible was met with dismay by letting agent and landlord organisations who warned that agents […] The post Ban on letting agent fees divides UK rental industry appeared first on PropertyWire . Continue reading

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