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Sales recovery continued in Spain in first few weeks of 2017

The recovery in the Spanish housing market has continued into 2017 while a rise in sales in places like Malaga and Alicante signal a return of foreign buyers. The latest figures from the Land Registry shows that sales increased by 19% in January year on year, the biggest number of monthly sales since January 2013. […] The post Sales recovery continued in Spain in first few weeks of 2017 appeared first on PropertyWire . Continue reading

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Asking price growth rockets ahead in the Midlands of the UK

Average asking property prices in England and Wales increased by 1.3% or £3,877 this month, the same rise as a year ago when there was a rush to beat the introduction of extra stamp duty on additional homes. The data from Rightmove for March 2017 is a sign that the housing market is resilient in […] The post Asking price growth rockets ahead in the Midlands of the UK appeared first on PropertyWire . Continue reading

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Home buyers in England and Wales pay 7.6 times earnings for a home

On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading

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