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Average UK house prices up 8.3% year on year, official index data shows
Average house prices in the UK increased by 8.3% in the year to July 2016, down from 9.7% in June 2016, continuing the strong growth seen since the end of 2013, according to the latest index data. The average UK house price was £217,000 in July 2016, some £17,000 higher than in July 2015 and […] The post Average UK house prices up 8.3% year on year, official index data shows appeared first on PropertyWire . Continue reading
Asking prices falling in UK, particularly London and South East
Most recent data has been upbeat about the British property market but the latest index report suggests that asking prices are falling, particularly in London and the South East, and that the trend is likely to continue. Asking prices in the UK fell by 0.2% month on month but are still 4.6% higher than September […] The post Asking prices falling in UK, particularly London and South East appeared first on PropertyWire . Continue reading
Australian capital city rents down 0.3% in August
Residential rent prices in Australia’s capital cities fell by 0.3% in August, taking the median rent to $481 per week, the lowest since November 2014. It means that over the past year rental rates have fallen by 0.5% and are now 1.4% lower than when they peaked back in May 2015. In contrast, city rental […] The post Australian capital city rents down 0.3% in August appeared first on PropertyWire . Continue reading
