economist

High rents, prices and mortgage rates denting property market confidence in US

The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading

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UK house prices continue upwards, but sales dipped considerably in the summer

Average house prices in the UK increased by 0.1% month on month in October with the market continuing to see strong growth seen since the end of 2013, the latest official figures show. The data from the Office of National Statistics (ONS) also show that prices are up 6.9% year on year, taking the average […] The post UK house prices continue upwards, but sales dipped considerably in the summer appeared first on PropertyWire . Continue reading

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Change in US housing sectors will see move to a buyer’s market by 2018

The residential property market in the United States is set to move from a seller’s market to a buyer’s market in the coming 18 months, according to new research. Property prices increased by over 6% in the 12 months to October 2016 but the outlook for next year suggests growth will fall to 3% by […] The post Change in US housing sectors will see move to a buyer’s market by 2018 appeared first on PropertyWire . Continue reading

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