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Rents start falling in the UK, latest national index shows
The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading →
UK prices up again modestly in January but growth in 2017 could be hit by Brexit
Property prices in the UK increased by 0.2% in January and are now 4.3% above a year ago but the outlook is clouded by Brexit and economic uncertainties, according to the latest index report. The modest rise at the start of the year took the average price of a home to £205,240 and prices have […] The post UK prices up again modestly in January but growth in 2017 could be hit by Brexit appeared first on PropertyWire . Continue reading →
Homes sales down in the US due to falling supply and affordability
Existing home sales in the United States fell 2.8% year on year in December but the nation saw its best year in a decade for residential real estate, the latest index data shows. Ongoing affordability tensions and historically low supply levels contributed to the fall in sales at the end of 2016 but at 5.45 […] The post Homes sales down in the US due to falling supply and affordability appeared first on PropertyWire . Continue reading →