If you want to keep up with the latest news in the property industry, then read on. We’ll cover Hong Kong’s property market, the UK property market, Scandinavian property and the coworking trend. You can also check out other interesting articles like the latest trend in the selfstorage property industry. We’ll also look at how the property market in the UK is transforming with the help of new technologies. And if you’re looking for entertaining content, why not subscribe to our YouTube channel?
Hong Kong’s property industry
The recent slump in the property news has hit a nerve in the city’s government, but it is not all bad news for the real estate market. Sales in the primary market rose by 22.2% y-o-y in March and total transaction values rose by 45.7% to HK$ 213.7 billion. Sales in the secondary market soared by 30.6% to reach 53,000 units, generating HK$ 471.7 billion in transactions. But class A and B completions were down by 52.6% and 20.3% respectively – compared to 85% in the previous year.
Scandinavian property industry
The Nordic property market has been attracting international investors as prices soared and capital flowed in from overseas. In Sweden, prices soared by 50% in five years and are now nearly seventy percent higher than the pre-crisis peak. But some experts believe that the real estate market in Sweden is about to experience a short-term correction and stabilization. But what is the outlook? Here are some important facts that will help investors and developers decide on where to invest.
UK property industry
Recent UK property industry news has shown that housing values rose by more than PS550 billion in July, with the combined value of 28.6 million homes up by 32%. HMRC said that August’s figure was 20 percent higher than the corresponding month in 2020. The figure comes after a month in which transaction values fell by 60%. However, the number of homes for sale remains at low levels – the stock of properties available for purchase is still 42% lower than five years ago.
Coworking in self-storage properties
There are many benefits to coworking in self-storage properties. These properties offer premier services to their business customers, such as on-site concierges and delivery. Some even have wifi and shelving inside the unit. Whether you plan to use coworking space for marketing or a regular office, the combination of self-storage and coworking offers a range of benefits. But there are a few key factors to consider before renting a space for coworking.
Country houses for sale in the UK
Whether you’re looking for a luxury country house or an affordable property to use as a second home, we’ve got the best listings for you.