affordability
New home lending falls in Australia as stamp duty costs rise
The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading →
House prices around the globe up 5.3% year on year
House prices in key locations around the world increased by 5.3% in the 12 months to September 2016 with turkey seeing the strongest growth, according to the latest global property index. Turkey saw property prices rise by 13.9% year on year, followed by New Zealand with growth of 13.5% and Iceland up 12.9%, the data […] The post House prices around the globe up 5.3% year on year appeared first on PropertyWire . Continue reading →
Trend of short term rents not impacting on US housing market, says new research
Short term home rentals such as those offered in the internet via companies like HomeAway and Airbnb do not have a meaningful and large impact on housing affordability in the United States. The latest quarterly house price expectations survey from real estate firm Zillow and Pulsenomics found that nearly all respondents did not think the […] The post Trend of short term rents not impacting on US housing market, says new research appeared first on PropertyWire . Continue reading →