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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

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Property prices growth edged up a beginning of the year in Scotland

Property prices in Scotland edged up 0.1% in January and 1.5% annually with growth driven by first time buyers and higher values homes, the latest index shows. This took the average price of a home to £171,407 and means that in the 12 months to January 2017 prices have risen by £2,600 with the vote […] The post Property prices growth edged up a beginning of the year in Scotland appeared first on PropertyWire . Continue reading

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Sales and prices up in Canada, latest index data shows

Nationally home sales in Canada increased by 5.2% month on month in February but actual, not seasonally adjusted, activity was down 2.6% from a year earlier, the latest index data shows. Average prices were up 3.5% from January’s gain reflecting an acceleration in home price increases, particularly for single family homes in and around Toronto, […] The post Sales and prices up in Canada, latest index data shows appeared first on PropertyWire . Continue reading

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