Property News
Economy slowing and lower oil prices affecting Abu Dhabi's rental markets
Property Wire - 28 Jul 2016 15:25
Average housing rents in Abu Dhabi have fallen for the first time in three years, driven by thousands of job cuts and an increase in the cost of living. The first signs of long expected falls in housing rents in Abu Dhab...
Over 82,500 sales recorded in England and Wales in June
Property Wire - 28 Jul 2016 14:26
More than 82,500 residential and commercial land and property sales in England and Wales were lodged for registration in June 2016, according to the latest data to be published. Of the 82,530 sales lodged for registratio...
First time buyers in UK not impacted by Brexit vote
Property Wire - 28 Jul 2016 12:20
Buyers in the UK seemed largely unperturbed in the run up to the European Union referendum in June with sales to first time buyers increasing. According to the latest monthly report from the National Association of Estat...
Latest house price index shows no Brexit effect on UK property prices
Property Wire - 28 Jul 2016 09:09
House prices in the UK increased by 0.5% month on month in July, defying the vote to leave the European Union which many commentators though would have an adverse effect on the nation’s property market. It means that t...
New analysis argues that the UK needs 300,000 new homes a year
Property Wire - 28 Jul 2016 08:06
The UK needs 300,000 new homes to be built every year rather than the target 200,000 proposed by the current government, it is claimed. Land brokers Aston Mead says that the 200,000 is evidently too low and its analysis ...