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Scotland sees further deterioration in housing affordability

There has been a further deterioration in home affordability in Scottish cities with prices up 3% compared to the 1% rise recorded for the whole of Scotland, the latest figures show. The average price in cities has now risen from £181,061 in 2016 to £186,002 in 2017, according to the figures from the Bank of […] The post Scotland sees further deterioration in housing affordability appeared first on PropertyWire . Continue reading

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Rising interest rates could have a significant effect on US property market

Over half of people considering buying a home in the United States consider rising interest rates to be among the top factors affecting their ability to do so, new research has found. Some 53% are worried about the fact that mortgage rates have increased since the Presidential election and believe that there will be more […] The post Rising interest rates could have a significant effect on US property market appeared first on PropertyWire . Continue reading

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Property prices growth in key Australian cities continues, latest index shows

Property prices in state capital cities in Australia increased further in February, recording an average rise of 1.4% and led by Sydney, the latest index shows. It means that the current growth cycle is approaching five years in duration with rises in prices for 58 months, according to the figures from real estate firm CoreLogic. […] The post Property prices growth in key Australian cities continues, latest index shows appeared first on PropertyWire . Continue reading

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