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Home prices in Canada up over 7% year on year but sales fell sharply in November
The national average price of a home in Canada increased by 7.3% year on year in November but sales are just 1.5% above a year ago after falling by 5.3% month on month. Overall the home price index from the Canadian Real Estate Association (CREA) is up 14.4% year on year and But sales are […] The post Home prices in Canada up over 7% year on year but sales fell sharply in November appeared first on PropertyWire . Continue reading →
Property price fall in San Jose could be start of cooling markets in the US
The first interest rate rise in the United States for a year could hit the housing market in California where there are already signs of the real estate sector cooling, new research suggests. The property market in California have been regarded as overheating for a while with house prices falling in some locations such as […] The post Property price fall in San Jose could be start of cooling markets in the US appeared first on PropertyWire . Continue reading →
Proposed rent controls in Ireland criticised as being a step too far for landlords
The Irish Government has been accused of interfering for wanting to reduce rent controls in cities where residential rents have been rising fast. It has proposed temporary controls on residential rents which would limit annual rent increases in Dublin and Cork, the country’s two largest cities to 4% but said it may lower this and […] The post Proposed rent controls in Ireland criticised as being a step too far for landlords appeared first on PropertyWire . Continue reading →