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Housing market in UK ended 2016 strongly, latest index shows

The residential housing market in the UK finished 2016 strongly with prices up 1.7% month on month in December, taking the annual growth to 6.5%. The quarterly growth was also strong, up 2.5% in the final quarter of the year, taking the average price of a home to £222,484, the figures from lender the Halifax […] The post Housing market in UK ended 2016 strongly, latest index shows appeared first on PropertyWire . Continue reading

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Small builders in UK costs hit by falling pound caused by Brexit

The majority of smaller builders in the UK are being affected by currency changes caused by the decision to leave the European Union, new research shows. After the result of the referendum on the EU the pound lost out against other currencies including the euro and the US dollar and this is affecting builders as […] The post Small builders in UK costs hit by falling pound caused by Brexit appeared first on PropertyWire . Continue reading

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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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