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Homes near new Crossrail stations in and around London see prices soar
More evidence has been published that the Cross rail line in London and out to nearby commuter towns is pushing up property prices with values up more than 40% since it as announced in 2007. Over the last 10 years all 40 stations along the new Elizabeth Line have recorded price growth double the rate […] The post Homes near new Crossrail stations in and around London see prices soar appeared first on PropertyWire . Continue reading →
Homes sales down in the US due to falling supply and affordability
Existing home sales in the United States fell 2.8% year on year in December but the nation saw its best year in a decade for residential real estate, the latest index data shows. Ongoing affordability tensions and historically low supply levels contributed to the fall in sales at the end of 2016 but at 5.45 […] The post Homes sales down in the US due to falling supply and affordability appeared first on PropertyWire . Continue reading →
Average house price in England could reach close to £1 million by 2037
Residential property prices in England could average over £300,000 in the next decade if they rise as much as they have in the last 10 years, new research shows. In London they would rise to over £800,000 and in the South East of England the average would be over £445,000, according to the study from […] The post Average house price in England could reach close to £1 million by 2037 appeared first on PropertyWire . Continue reading →