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Higher mortgage rates set to have impact on US housing market this year

Rising mortgage rates and their impact on housing affordability will be the most significant force in the property market in the United States in 2017, it is suggested. The latest quarterly survey from real estate firm Zillow and conducted by Pulsenomics asked more than 100 housing experts and economists what factors would have the greatest […] The post Higher mortgage rates set to have impact on US housing market this year appeared first on PropertyWire . Continue reading

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Outlook for residential property in key Asian cities more subdued for 2017

Many residential property markets in Asia have seen a year of strong increases but prospects for 2017 look more subdued, according to a new report. Potential risk for Asian property markets include rising interest rates in the United States and the strength of the US dollar. There is also the threat of US trade tariffs, […] The post Outlook for residential property in key Asian cities more subdued for 2017 appeared first on PropertyWire . Continue reading

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UK house prices ended 2016 with strong growth, latest index shows

House prices in the UK increased by 7.2% in the 12 month to December 2016 taking the average property value in the country to £219,544, the latest index data shows. Month on month prices increased by 1.4% since November 2016 taking the monthly index figure for the UK was 115.2, the figures from the Land […] The post UK house prices ended 2016 with strong growth, latest index shows appeared first on PropertyWire . Continue reading

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