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Solid UK housing market to see prices continue steady year on year rises

A new forecast from the Office for Budget Responsibility (OBR) suggests that while property price growth in the UK is set to slow, values will continue steadily upwards year on year. Compared to the last guidance issued in March the OBR has made a number of revisions to its forecasts, noting that both house price […] The post Solid UK housing market to see prices continue steady year on year rises appeared first on PropertyWire . Continue reading

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Existing home sales up year on year in the US for 56 months in a row

Existing home sales in the United States increased again in October to the highest annual pace for almost a decade, the latest real estate index shows. All major regions saw monthly and annual sales increases with a national rise of 2% which means that transactions in this sector are now 5.9% above a year ago, […] The post Existing home sales up year on year in the US for 56 months in a row appeared first on PropertyWire . Continue reading

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Ban on letting agent fees divides UK rental industry

Opinion is divided over whether or not the decision to ban letting agent fees in England is a good move for the private rental market. The announcement by Chancellor Philip Hammond that the ban will be introduced as soon as possible was met with dismay by letting agent and landlord organisations who warned that agents […] The post Ban on letting agent fees divides UK rental industry appeared first on PropertyWire . Continue reading

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