economist

National home prices in Canada unchanged in January as sales fell

Home sales in Canada fell month on month at the beginning of 2017 while prices were almost unchanged in January compared to a year ago, the latest index data shows. Sales fell nationally by 1.3% compared to December 2016 but actual, not seasonally adjusted, activity was up 1.9% year on year, according to the figures […] The post National home prices in Canada unchanged in January as sales fell appeared first on PropertyWire . Continue reading

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Strong property price growth in Canada creating housing market problems

Canada is facing problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration, according to a new report. The main problem location are Vancouver and Toronto where strong price growth has been spreading to neighbouring centres such as Hamilton and Victoria, says the report from the Canada Mortgage and […] The post Strong property price growth in Canada creating housing market problems appeared first on PropertyWire . Continue reading

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Rents and prices set to keep rising across most of UK, according to chartered surveyors

A shortage of supply in both the sales and lettings residential markets in the UK presents a huge challenge for housing with sales flat and prices and rents set to continue rising, according to chartered surveyors. UK house sales still lacked momentum in January and prices and rents increased mainly due to a shortage of […] The post Rents and prices set to keep rising across most of UK, according to chartered surveyors appeared first on PropertyWire . Continue reading

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