Australasia

High rents, prices and mortgage rates denting property market confidence in US

The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading

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Property price fall in San Jose could be start of cooling markets in the US

The first interest rate rise in the United States for a year could hit the housing market in California where there are already signs of the real estate sector cooling, new research suggests. The property market in California have been regarded as overheating for a while with house prices falling in some locations such as […] The post Property price fall in San Jose could be start of cooling markets in the US appeared first on PropertyWire . Continue reading

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Proposed rent controls in Ireland criticised as being a step too far for landlords

The Irish Government has been accused of interfering for wanting to reduce rent controls in cities where residential rents have been rising fast. It has proposed temporary controls on residential rents which would limit annual rent increases in Dublin and Cork, the country’s two largest cities to 4% but said it may lower this and […] The post Proposed rent controls in Ireland criticised as being a step too far for landlords appeared first on PropertyWire . Continue reading

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