Income
Strong property price growth in Canada creating housing market problems
Canada is facing problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration, according to a new report. The main problem location are Vancouver and Toronto where strong price growth has been spreading to neighbouring centres such as Hamilton and Victoria, says the report from the Canada Mortgage and […] The post Strong property price growth in Canada creating housing market problems appeared first on PropertyWire . Continue reading →
Number of first time buyers in UK rises as buy to let purchases fall
The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading →
Home repossessions and arrears in UK fell in 2016, latest data shows
The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading →