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Sales data shows transactions in UK residential market edged up in November
Sales of residential properties in the UK increased by 0.8% in November while commercial transactions were up by 5.1%, the latest published data shows. However, the monthly sales of homes was down 7.3% compared to November last year, according to the figures from HMRC. The HMRC report also say that a large increase in sales […] The post Sales data shows transactions in UK residential market edged up in November appeared first on PropertyWire . Continue reading →
Just 11% of home owners in US now in negative equity, latest research shows
Some 11% of home owners in the United States still have loans worth more than their homes despite the recovery in the real estate market reaching its highest point, new research suggests. Prices are expected to rise more slowly in 2017 and while rising home values are freeing home owners from negative equity, allowing them […] The post Just 11% of home owners in US now in negative equity, latest research shows 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 →