Income
Number of households in England, rented and owned, not changed in a year
There has been no change in the number of people in England owning their own homes in the last three years and the private rented sector has stalled in the last 12 months, the latest official data shows. Of the estimated 22.8 million households in England some 14.3 million or 63% were owner occupiers in […] The post Number of households in England, rented and owned, not changed in a year appeared first on PropertyWire . Continue reading →
Official data shows where homes in England and Wales are least affordable
A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading →
Lack of supply and high prices hit home sales market in the US
A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading →