And I assume one of the drivers in residential markets was the fact that you had a lack of stock available within the market as a result of lots of people on fixed- fee mortgages didn’t want to lose these fixed-rate deals they have been on. The largest influence of upper rates has not been on prices within the residential market buton transaction volumes. For example Real Estate News, in the London market in the past 12 months, transactions have been down about 10 per cent in central London, and in the UK as a whole, transactions have been down 27 per cent 12 months on yr. But I assume as charges come down in the second half of this 12 months, hopefully, you’ll see extra confidence from homeowners to convey properties again to the market, and you must see a rise in liquidity.
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- The plots range between 2,313 and 12,000 sq m, and include a FAR of 4.
- 23 Jan 2024Asia Pacific Investment Quarterly for Q4/2023 covers all main funding transactions of 15 nations across the area.
- The iBuyer has introduced two new tiers in its agent partnership program, which provide up to 4% in referral fees and access to extra sell-side offers.
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