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Pending home sales in US fall again to lowest level since January

After bouncing back in July, pending home sales in the United States cooled in August for the third time in four months, taking them to their lowest level since January. The latest pending home sales index from the National Association of Realtors, a forward looking indicator based on contract signings, fell by 2.4% to 108.5 […] The post Pending home sales in US fall again to lowest level since January appeared first on PropertyWire . Continue reading

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Over half of UK landlords set to raise rents due to tax changes

Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading

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UK Government to push ahead with more new home building on brown belt land

The UK Government is to provide more for new home building with developments being fast tracked on brown belt land such as abandoned shopping centres, derelict rail stations and run down town centres. Communities Secretary Sajid Javid announced details of a £5 billion fund to help build more than 250,000 homes with £2 billion going […] The post UK Government to push ahead with more new home building on brown belt land appeared first on PropertyWire . Continue reading

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