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Global office property markets resilient despite economic and political uncertainty
The fundamentals of the global office market are resilient with leasing volumes at their highest level for 2016 in the final quarter of the year with growth of 6%, the latest analysis shows. For the full year, leasing volumes were down modestly by only 3% on the robust levels of 2015, according to the report […] The post Global office property markets resilient despite economic and political uncertainty appeared first on PropertyWire . Continue reading →
Home buyers in England and Wales pay 7.6 times earnings for a home
On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading →
Saving for a deposit continues to be biggest obstacle for UK first time buyers
Saving for a deposit is still the biggest obstacle for first time buyers in the UK with 26% saying that they will need to borrow from their parents to do so, new research has found. Some 46% of first time buyers believe that the issue of rising house prices should be addressed as it is […] The post Saving for a deposit continues to be biggest obstacle for UK first time buyers appeared first on PropertyWire . Continue reading →