economist

Pending home sales in the US picked up at the end of 2016, latest index shows

Pending home sales in the United States picked up at the end of 2016 with solid increases in the South and West offset weakening activity in the Northeast and Midwest, the latest index data shows. The Pending Home Sales Index from the National Association of Realtors, a forward looking indicator based on contract signings, increased […] The post Pending home sales in the US picked up at the end of 2016, latest index shows appeared first on PropertyWire . Continue reading

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Research reveals affordable areas for buyers in US hot spot metros

Even in more expensive metro areas in the United States there are cities with affordable homes but buyers face high prices in sought after locations, new research suggests. The San Jose metro has been one of the hottest housing markets in the country and buyers in Palo Alto, for example, can expect to spend 75% […] The post Research reveals affordable areas for buyers in US hot spot metros appeared first on PropertyWire . Continue reading

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Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise

Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading

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