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Home prices increased faster in the US in third quarter of 2016

Persistent supply shortages throughout the United States led to slightly faster home price appreciation during the third quarter of 2016, according to the latest data from estate agents. The quarterly report from the National Association of Realtors also shows that seven of the 10 most expensive housing markets in are in the West, including San […] The post Home prices increased faster in the US in third quarter of 2016 appeared first on PropertyWire . Continue reading

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Prime lettings market in London benefitting from sales slowdown

A slower sales market in London’s super prime lettings sector over the past 12 months has boosted demand as tax changes have led to greater price sensitivity among buyers. In particular higher rates of stamp duty have altered the dynamics of both the lettings and sales markets in prime central London so sales have slowed […] The post Prime lettings market in London benefitting from sales slowdown appeared first on PropertyWire . Continue reading

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UK property prices still rising, up 1.4% in October, despite Brexit uncertainty

Residential property prices in the UK continued to grow in October, up 1.4% and are now 5.2% up year on year, taking the average cost of a home to £217,411, the latest lender index data shows. On a quarterly basis they were up just 0.1% but experts point out that this reflects a slowdown caused […] The post UK property prices still rising, up 1.4% in October, despite Brexit uncertainty appeared first on PropertyWire . Continue reading

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