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Home prices in Canada up over 7% year on year but sales fell sharply in November
The national average price of a home in Canada increased by 7.3% year on year in November but sales are just 1.5% above a year ago after falling by 5.3% month on month. Overall the home price index from the Canadian Real Estate Association (CREA) is up 14.4% year on year and But sales are […] The post Home prices in Canada up over 7% year on year but sales fell sharply in November appeared first on PropertyWire . Continue reading →
Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report
The average residential rent in the UK increased marginally in 2016 with growth of 1.12% over the year, the latest data shows, but growth is expected to rise in 2017. Overall rental growth has slowed from 2.34% in same period of 2015 with rents in London down by 0.31%, according to the national rent review […] The post Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report appeared first on PropertyWire . Continue reading →
Mortgage borrowing fell in UK in October with buy to let sector still weak
Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading →