economy
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 →
Asking prices in England and Wales down 2.1% month on month
Residential asking prices in England and Wales fell by 2.1% this month compared to November but the decline is in line with the usual seasonal rates, according to the latest index to be published. Prices of properties now coming onto the market are still 3.4% higher than they were a year ago with the average […] The post Asking prices in England and Wales down 2.1% month on month appeared first on PropertyWire . Continue reading →
Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year
Average rents increased by 0.3% month on month in October and are now 0.4% higher than a year ago, taking the average monthly rent to £558 per month, the latest buy to let index shows. But the national figure hides some red hot markets including Edinburgh and the Lothians where rents are some 6.1% higher […] The post Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year appeared first on PropertyWire . Continue reading →