affordability

Bristol, Oxford and Manchester lead annual house price growth in UK cities

House prices in key cities in the UK increased by 6.9% in the 12 months to January 2017, led by Bristol, Oxford and Manchester, the latest index data shows. But the annual rate is down by 1% and London has seen growth fall to 6.4%, its lowest level for three and a half years, according […] The post Bristol, Oxford and Manchester lead annual house price growth in UK cities appeared first on PropertyWire . Continue reading

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Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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US existing home sales began 2017 strongly, index figures show

Existing home sales in the United States began the year strongly, increasing to their fastest pace in January for almost a decade, the latest index shows. Prices increased by 7.1% in the 12 months to January 2017 to a median of $228,900, the fastest price rise since January 2016 and it was the 59th month […] The post US existing home sales began 2017 strongly, index figures show appeared first on PropertyWire . Continue reading

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