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US residential prices increased almost 7% in 2016, led by Portland, Tampa and Seattle

Home prices in the United States ended 2016 up 6.8%, growing at their fastest pace of the year compared with the end of 2015, the latest index shows. Growth slowed slightly in Portland but it remained the fastest growing in the nation, up 13.8% from December 2016 while Tampa, Seattle and Dallas saw similarly high […] The post US residential prices increased almost 7% in 2016, led by Portland, Tampa and Seattle appeared first on PropertyWire . Continue reading

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Rate rises not affecting Hong Kong property market with prices set to rise 5% this year

The residential property market in Hong Kong looks set to overcome recent rate rises in the short term, a new analysis suggests, with prices set to rise by 5% in 2017. The final two months of 2016 saw an increase in the Hong Kong Monetary Authority’s base rate to 1% and the introduction of a […] The post Rate rises not affecting Hong Kong property market with prices set to rise 5% this year appeared first on PropertyWire . Continue reading

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Home prices up year on year in Canada but sales down by 5% in December 2016

The national average price of a home in Canada increased by 3.5% in December year on year but sales were down by 5%, the latest index data shows. However, month on month sales increased by 2.2% although the modest rebound recovered less than half of the drop in activity from October to November which was […] The post Home prices up year on year in Canada but sales down by 5% in December 2016 appeared first on PropertyWire . Continue reading

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