affordability
Prices in key UK cities still rising but growth expected to moderate
Property prices in key UK cities are continuing to rise, up 8.4% year on year and 2.3% quarter on quarter but the growth is slowing, according to the latest index. The annual growth is led by Bristol where prices have increased by 10.6% to £259,400 in the 12 months of October 2016 but at the […] The post Prices in key UK cities still rising but growth expected to moderate appeared first on PropertyWire . Continue reading →
New home building set to slow in Australia after unprecedented growth
New home building in Australia will slow for the next two years but will bottom out at what will still be a historically healthy level of activity, it is suggested. The latest forecast from the Housing Industry Association (HIA) says it expects a measured return to more normal levels of home building activity over the […] The post New home building set to slow in Australia after unprecedented growth appeared first on PropertyWire . Continue reading →
First time buyers in Scotland borrow more in third quarter of 2016
First time buyers are driving the property market in Scotland with more loans advance to them in the third quarter of 2016 than any quarter since 2007. The latest data from the Council of Mortgage Lenders (CML) shows that overall home buyers borrowed £2.2 billion for house purchase, up 5% quarter on quarter but down […] The post First time buyers in Scotland borrow more in third quarter of 2016 appeared first on PropertyWire . Continue reading →