economist

Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall

The biggest increase in house prices in the UK in 2016 was in the southern England town of Luton where the average property value increased by almost 20%, new research shows. Based house price data from lender the Halifax, the average house price in the Bedfordshire increased from £214,934 to £256,636 in 2016, some19.4% higher […] The post Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall appeared first on PropertyWire . Continue reading

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Higher borrowing hits US property market with sales down in November

Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading

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UK property market ends 2016 on a positive note despite Brexit

Annual house price growth in the UK ended 2016 at 4.5%, the same as in 2015, but in London it was below the national average for the first time in eight years. The latest index data from lender the Nationwide also shows that month on month prices increased by 0.8% taking the price of an […] The post UK property market ends 2016 on a positive note despite Brexit appeared first on PropertyWire . Continue reading

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