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Lack of supply and high prices hit home sales market in the US

A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading

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Office property market in Scotland buoyant despite year of uncertainty

Despite a year of uncertainty, the Scottish office market remains buoyant, with 2.3 million square feet of lettings in 2016 across Aberdeen, Edinburgh and Glasgow, 10% above the long term average. The research data from the Savills office market watch report also shows that total office investment in the three cities in 2016 reached £565 […] The post Office property market in Scotland buoyant despite year of uncertainty appeared first on PropertyWire . Continue reading

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Home buyers in Scotland borrowed less towards the end of last year, latest figures show

Home buyers in Scotland borrowed £2.2 billion in the final quarter of 2016, down 0.5% quarter on quarter and 3% year on year, the latest data shows. They took out 16,800 loans, down 1% compared to the previous quarter and 3% on the fourth quarter 2015, the figures from the Council of Mortgage Lenders (CML) […] The post Home buyers in Scotland borrowed less towards the end of last year, latest figures show appeared first on PropertyWire . Continue reading

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