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Latest index shows 24% of housing markets in US counties are less affordable
A quarter of county housing markets in the United States were less affordable than their historic averages in the third quarter of 2016, up from 22% in the previous quarter, the latest data shows. This was also an increase of 19% year on year and the highest since the third quarter of 2009 when 47% […] The post Latest index shows 24% of housing markets in US counties are less affordable appeared first on PropertyWire . Continue reading →
New listings and property sales up in England, down in Scotland and Wales
Property market activity increased across most parts of the UK in September following an unexpected spike in August. However, activity is down compared to a year ago, particularly in Wales and Scotland, according to the latest data from Agency Express. The figures show that overall new listings increased by 3.5% and property sales were up […] The post New listings and property sales up in England, down in Scotland and Wales appeared first on PropertyWire . Continue reading →
Property taxes biggest burden to UK residential market
Over 70% of UK based property and construction businesses view the tax system as unfavourable to the industry, according to a new survey. Some 68% believe that stamp duty is the biggest tax barrier to business growth, with another 12% perceiving Capital Gains Tax as the biggest barrier. The report, which provides a 12-month market […] The post Property taxes biggest burden to UK residential market appeared first on PropertyWire . Continue reading →