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Higher borrowing hits US property market with sales down in November
Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading →
Landlords ought to look out for signs of subletting over festive period
Landlords are being advised to look out for tenants who go away over the Christmas holidays and sublet their rental properties without consent. According to research from Total Landlord Insurance there has been a 14% increase in the number of malicious and accidental damage claims received this year as a direct result of illegal subletting, […] The post Landlords ought to look out for signs of subletting over festive period appeared first on PropertyWire . Continue reading →
Home prices in Canada up over 7% year on year but sales fell sharply in November
The national average price of a home in Canada increased by 7.3% year on year in November but sales are just 1.5% above a year ago after falling by 5.3% month on month. Overall the home price index from the Canadian Real Estate Association (CREA) is up 14.4% year on year and But sales are […] The post Home prices in Canada up over 7% year on year but sales fell sharply in November appeared first on PropertyWire . Continue reading →