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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

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Realistic pricing is helping sales in the prime London property market

Realistic pricing is helping the prime residential property market in London which has been hit by higher tax and uncertainty surrounding Brexit, new research suggests. It means that prices are becoming more aligned with buyer expectations and as a result in some locations the fall in values is being addressed, according to the latest report […] The post Realistic pricing is helping sales in the prime London property market appeared first on PropertyWire . Continue reading

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Construction of UK’s first starter homes to get underway later this year

First time buyers in the UK will be able to buy a new starter home at a discount of at least 20% if they are aged between 23 and 40, the housing minister has confirmed. Gavin Barwell has announced that the first of thousands of new Starter Homes will be built on brownfield sites across […] The post Construction of UK’s first starter homes to get underway later this year appeared first on PropertyWire . Continue reading

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