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Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall
The biggest increase in house prices in the UK in 2016 was in the southern England town of Luton where the average property value increased by almost 20%, new research shows. Based house price data from lender the Halifax, the average house price in the Bedfordshire increased from £214,934 to £256,636 in 2016, some19.4% higher […] The post Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall appeared first on PropertyWire . Continue reading →
Higher borrowing hits US property market with sales down in November
Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading →
Demand keeping prime markets in the East of London more buoyant than in central areas
Proximity to the London’s main financial districts is driving demand for prime property in the East of the city, particularly Canary Wharf and Wapping which are becoming sought after by prime property buyers. People who work in the area also want to live there and developers have sought to meet this demand with a number […] The post Demand keeping prime markets in the East of London more buoyant than in central areas appeared first on PropertyWire . Continue reading →