Outlook
Weakening affordability and lack of supply sees home sales fall in the US
After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading →
Tenants in UK private sector worse off financially than people with a mortgage
People in the UK who rent in the private rented sector are twice as likely as mortgage borrowers to have no savings and spend roughly half of their salary on rent each month, new research has found. Private renters also go on fewer holidays and are more likely to make forced cutbacks than those with […] The post Tenants in UK private sector worse off financially than people with a mortgage appeared first on PropertyWire . Continue reading →
Germany overtakes UK as most active European commercial property market
Germany overtook the UK as the most active commercial property market in Europe in 2016 with transactions totalling €59 billion, according to the latest research. Although investment volumes declined 14% year on year, global real estate advisor Knight Frank reports that Germany was established last year as Europe’s safe haven due to its robust economy […] The post Germany overtakes UK as most active European commercial property market appeared first on PropertyWire . Continue reading →