home ownership

Housing stock value growth shows extent of US property market recovery

The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading

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Construction of UK’s first starter homes to get underway later this year

First time buyers in the UK will be able to buy a new starter home at a discount of at least 20% if they are aged between 23 and 40, the housing minister has confirmed. Gavin Barwell has announced that the first of thousands of new Starter Homes will be built on brownfield sites across […] The post Construction of UK’s first starter homes to get underway later this year appeared first on PropertyWire . Continue reading

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Lenders’ organisation in UK wants stamp duty reformed in 2017

Looking ahead to 2017 the Council of Mortgage Lenders believes that stamp duty needs to be reformed as it is one of the biggest barriers to home ownership. The CML, which represents over 90% of home lenders in the UK, says that the property tax paid by buyers, which rises with the price, is preventing […] The post Lenders’ organisation in UK wants stamp duty reformed in 2017 appeared first on PropertyWire . Continue reading

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