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Rent for three bed homes in London rising due to lack of supply

Rents for three bedroom properties in London continue to grow while one and two bedroom homes are getting cheaper, according to new research. Demand means that tenants are willing to pay over the odds for a three bedroom property but there are far more smaller homes available, according to the analysis of figures from the […] The post Rent for three bed homes in London rising due to lack of supply appeared first on PropertyWire . Continue reading

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Pending home sales in the US picked up at the end of 2016, latest index shows

Pending home sales in the United States picked up at the end of 2016 with solid increases in the South and West offset weakening activity in the Northeast and Midwest, the latest index data shows. The Pending Home Sales Index from the National Association of Realtors, a forward looking indicator based on contract signings, increased […] The post Pending home sales in the US picked up at the end of 2016, latest index shows appeared first on PropertyWire . Continue reading

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Prices and rents in two key Scottish cities set to outperform rest of UK

The two major Scottish cities of Glasgow and Edinburgh are set to see property prices and rental growth outperform rest of UK over the next five years, according to new research. Property consultancy JLL forecasts that house prices in Edinburgh are set to grow 23.4% compared to a UK average of 13.1% while Glasgow will […] The post Prices and rents in two key Scottish cities set to outperform rest of UK appeared first on PropertyWire . Continue reading

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