pace
Rents outside of London reach average of £750 a month, latest index shows
Renting a home is becoming more expensive in the UK outside of London as rent paid rises and pay falls, the latest letting index suggests. The average rent paid for a residential property outside the capital city was £750 in December and increased by 2.04% over 2016, according to the Landbay rental index. The index […] The post Rents outside of London reach average of £750 a month, latest index shows appeared first on PropertyWire . Continue reading →
Overseas investors boosted central London office market after Brexit vote
Central London’s office investment market has seen a strong 2016 with total turnover expected to reach more than £16.8 billion, some 20% ahead of the long term average. The research from real estate firm Savills also shows that the 2016 total is likely to be only 15% down on 2015, one of the strongest years […] The post Overseas investors boosted central London office market after Brexit vote appeared first on PropertyWire . Continue reading →
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 →