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Home prices up year on year in Canada but sales down by 5% in December 2016

The national average price of a home in Canada increased by 3.5% in December year on year but sales were down by 5%, the latest index data shows. However, month on month sales increased by 2.2% although the modest rebound recovered less than half of the drop in activity from October to November which was […] The post Home prices up year on year in Canada but sales down by 5% in December 2016 appeared first on PropertyWire . Continue reading

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Official data shows property prices in UK up almost 7% in 12 months to November 2016

Residential property prices in the UK increased by 6.7% in the 12 months to November 2016, according to the latest official data to be published. Prices were also up 1.1% month on month, taking the average price of a property to £217,928, the figures from the Office of National Statistics (ONS) shows. The main contribution […] The post Official data shows property prices in UK up almost 7% in 12 months to November 2016 appeared first on PropertyWire . Continue reading

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US home prices edged up at end of 2016 with softer growth predicted for 2017

Home prices in the United States increased by 0.9% in the final quarter of 2016 and were up 5.8% year on year, but growth is expected to be slower in 2017, latest index suggests. The data from real estate firm Clear Capital also shows that distressed saturation has fallen another 0.3% bringing the national average […] The post US home prices edged up at end of 2016 with softer growth predicted for 2017 appeared first on PropertyWire . Continue reading

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