economist

US existing home sales began 2017 strongly, index figures show

Existing home sales in the United States began the year strongly, increasing to their fastest pace in January for almost a decade, the latest index shows. Prices increased by 7.1% in the 12 months to January 2017 to a median of $228,900, the fastest price rise since January 2016 and it was the 59th month […] The post US existing home sales began 2017 strongly, index figures show appeared first on PropertyWire . Continue reading

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Households in UK confident about housing market outlook, latest survey shows

The majority of households across the UK, led by London, believe that the value of their home rose over the last month and they are confident about the outlook for 2017, according to new research. The perceived rate of house price growth rose month on month with respondents in 10 of 11 regions covered by […] The post Households in UK confident about housing market outlook, latest survey shows appeared first on PropertyWire . Continue reading

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Higher mortgage rates set to have impact on US housing market this year

Rising mortgage rates and their impact on housing affordability will be the most significant force in the property market in the United States in 2017, it is suggested. The latest quarterly survey from real estate firm Zillow and conducted by Pulsenomics asked more than 100 housing experts and economists what factors would have the greatest […] The post Higher mortgage rates set to have impact on US housing market this year appeared first on PropertyWire . Continue reading

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