housing market

Home buyers in England and Wales pay 7.6 times earnings for a home

On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading

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Sales and prices up in Canada, latest index data shows

Nationally home sales in Canada increased by 5.2% month on month in February but actual, not seasonally adjusted, activity was down 2.6% from a year earlier, the latest index data shows. Average prices were up 3.5% from January’s gain reflecting an acceleration in home price increases, particularly for single family homes in and around Toronto, […] The post Sales and prices up in Canada, latest index data shows appeared first on PropertyWire . Continue reading

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Latest data shows rise in mortgage enquiries in UK at end of 2016

There was a significant rise in the average number of mortgage enquiries received by intermediaries in the UK in the final quarter of 2016, according to the latest data to be published. The average number of enquiries increased by 26% to 58 per intermediary in the final quarter of last year, up from 46 in […] The post Latest data shows rise in mortgage enquiries in UK at end of 2016 appeared first on PropertyWire . Continue reading

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