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Property costs in London now more competitive on global stage due to Brexit

Property in London is now more competitive on the world stage as Brexit has pushed it down the global real estate rankings, new research shows. This time last year London was the most expensive world class city for international businesses to rent office and living space for their employees, but the devaluation of sterling means […] The post Property costs in London now more competitive on global stage due to Brexit appeared first on PropertyWire . Continue reading

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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

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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

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