monthly
Housing market in UK ended 2016 strongly, latest index shows
The residential housing market in the UK finished 2016 strongly with prices up 1.7% month on month in December, taking the annual growth to 6.5%. The quarterly growth was also strong, up 2.5% in the final quarter of the year, taking the average price of a home to £222,484, the figures from lender the Halifax […] The post Housing market in UK ended 2016 strongly, latest index shows appeared first on PropertyWire . Continue reading →
Homes are becoming less affordable in the US as prices rise and wages don’t
Houses are becoming less affordable in the United States with the latest figures showing that in the final quarter of 2016 29% were less affordable than their historic affordability averages. This was up from 24% of markets in the previous quarter and up from 13% a year ago to the highest share since the third […] The post Homes are becoming less affordable in the US as prices rise and wages don’t appeared first on PropertyWire . Continue reading →
Research finds shared ownership is still too expensive for many first time buyers
Shared ownership schemes in the UK designed to help first time buyers onto the housing ladder are still unaffordable and put the majority of properties out of reach, new research has found. A report from consumer organisation Which? reveals the true scale of how unaffordable shared ownership schemes are in some areas, particularly Greater London. […] The post Research finds shared ownership is still too expensive for many first time buyers appeared first on PropertyWire . Continue reading →