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Glut of unsaleable new homes in Spain down by 20% in 2016
A glut of homes built in Spain during the boom housing years before the crash of 2007 which have been difficult to sell is steadily falling but some will never sell, according to new research. Some of the houses may end up being demolished but the glut is now non-existent in several areas of the […] The post Glut of unsaleable new homes in Spain down by 20% in 2016 appeared first on PropertyWire . Continue reading →
Property prices in Ireland set to rise by at least 8% in 2017
House prices in Ireland are set to continue growing in 2017 with growth of at least 8% forecast due to tight supply and the pace of economic recovery, a new survey report suggests. The report from property portal MyHome warns that the combined impact of the Help the Buy scheme and looser lending rules means […] The post Property prices in Ireland set to rise by at least 8% in 2017 appeared first on PropertyWire . Continue reading →
CML publishes more pessimistic outlook for home lending in UK in 2017
The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading →