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US home prices edged up at end of 2016 with softer growth predicted for 2017

Home prices in the United States increased by 0.9% in the final quarter of 2016 and were up 5.8% year on year, but growth is expected to be slower in 2017, latest index suggests. The data from real estate firm Clear Capital also shows that distressed saturation has fallen another 0.3% bringing the national average […] The post US home prices edged up at end of 2016 with softer growth predicted for 2017 appeared first on PropertyWire . Continue reading

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More than half of tenants in UK private rented sector cannot afford to buy

More than half of people who rent a home in the UK are doing so because they cannot afford a deposit to buy a property, new research has found. There have been several announcements recently about building more affordable homes and research showing that some aspiring first time buyers, particularly in London, cannot afford even […] The post More than half of tenants in UK private rented sector cannot afford to buy appeared first on PropertyWire . Continue reading

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UK property market ends 2016 on a positive note despite Brexit

Annual house price growth in the UK ended 2016 at 4.5%, the same as in 2015, but in London it was below the national average for the first time in eight years. The latest index data from lender the Nationwide also shows that month on month prices increased by 0.8% taking the price of an […] The post UK property market ends 2016 on a positive note despite Brexit appeared first on PropertyWire . Continue reading

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