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US real estate prices growing at fastest annual pace since 2006
National prices across the United States increased at their fastest annual pace since 2006, near the peak of the housing bubble, the latest index data shows. Home values are 6.5% higher than in November 2015, according to the Zillow Home Value Index which reached $192,500, just 2% short of the records set in 2007. However, […] The post US real estate prices growing at fastest annual pace since 2006 appeared first on PropertyWire . Continue reading →
Economic and political uncertainty hits global prime residential rents
Global economic and political uncertainty has contributed to a slowdown in prime global rents, with rental growth stalling, the latest index shows. In the 12 months to September 2016 rents were unchanged overall but some regions have outperformed, with prime rents in North America rising by 5.1% on average, the data from the Knight Frank […] The post Economic and political uncertainty hits global prime residential rents appeared first on PropertyWire . Continue reading →
Sales data shows transactions in UK residential market edged up in November
Sales of residential properties in the UK increased by 0.8% in November while commercial transactions were up by 5.1%, the latest published data shows. However, the monthly sales of homes was down 7.3% compared to November last year, according to the figures from HMRC. The HMRC report also say that a large increase in sales […] The post Sales data shows transactions in UK residential market edged up in November appeared first on PropertyWire . Continue reading →