Property Sales
Strong property price growth in Canada creating housing market problems
Canada is facing problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration, according to a new report. The main problem location are Vancouver and Toronto where strong price growth has been spreading to neighbouring centres such as Hamilton and Victoria, says the report from the Canada Mortgage and […] The post Strong property price growth in Canada creating housing market problems appeared first on PropertyWire . Continue reading →
Home repossessions and arrears in UK fell in 2016, latest data shows
The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading →
Rents and prices set to keep rising across most of UK, according to chartered surveyors
A shortage of supply in both the sales and lettings residential markets in the UK presents a huge challenge for housing with sales flat and prices and rents set to continue rising, according to chartered surveyors. UK house sales still lacked momentum in January and prices and rents increased mainly due to a shortage of […] The post Rents and prices set to keep rising across most of UK, according to chartered surveyors appeared first on PropertyWire . Continue reading →