Month: August 2016

Hong Kong property sales fall 9% month-on-month in July

Hong Kong property sales fall 9% month-on-month in July

There is no market recovery on the horizon for Hong Kong, as property sales and rents continue to fall. Summary: Government data showed investment into the Hong Kong property market has fallen by 9% in a month and 35% year-on-year In the past six months of 2016, sales have fallen by 40% and industry experts… Read more »

UK remains world’s most transparent property market

UK remains world's most transparent property market New research shows 75% of global real estate investment takes place in highly transparent markets, with the UK topping the 109 index of countries. Summary: Britain’s property market has once again been ranked as the most transparent in the world 75% of all global property investment now takes place in highly transparent markets, with investors... Read more »

CityScape Global 2016 to attract over 40,000 visitors to Dubai

CityScape Global 2016 to attract over 40,000 visitors to Dubai

Investors, financial institutions and high-net-worth individuals are set to attend the world’s largest property exhibition in Dubai in September. Summary: Dubai World Trade Centre will host CityScape Global, where over 150 real estate firms will exhibit their property Keynote speakers will highlight the positive outlook for Dubai’s property market, encouraging investors to purchase while the… Read more »

Rise in overseas investors buying post-Brexit UK property

Rise in overseas investors buying post-Brexit UK property Buyers in the Middle East and Asia are moving to add more British real estate to their portfolios, triggered by a "Brexit window of opportunity". Summary: UK property agents are reporting uplifts in enquiries and purchases from international investors following the result of the EU referendum Private and corporate investors from the Middle East and... Read more »

Manchester: UK’s fastest growing rental market

Manchester: UK’s fastest growing rental market

Homeownership has fallen to its lowest level in 30 years across the UK, with the private rented sector experiencing significant growth, particularly in Manchester. Summary: Levels of renting in Manchester have more than trebled in the last 12 years, rising from 6% to 20% Only 58% of households in Greater Manchester are now owner-occupier, in… Read more »

UK regional capital growth catching up with London

UK regional capital growth catching up with London The gap between average property prices in London and the rest of England and Wales is closing, as more investors begin to focus on key regional cities. Summary: Average property prices in England and Wales continue to close the gap on those found in London Values are now just two times higher in the capital,... Read more »

Rental costs increase by 2.4% across Britain year-on-year

Rental costs increase by 2.4% across Britain year-on-year

With the popularity of the private rented sector across Britain continuing to rise, the cost of renting has increased by 2.4% since June 2015. Summary: The cost of renting in Britain increased by 2.4% year-on-year, with every region in England registering a rise Residential house price growth has been stronger than rental prices for several… Read more »