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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

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Nationally US property sales increased in November but fell in some regions

The United States real estate market has had an outstanding end to 2016 with existing home sales rising in November for the third month in a row, data from agents shows. A big surge in the Northeast and a smaller gain in the South pushed existing home sales up by 0.7% month on month and […] The post Nationally US property sales increased in November but fell in some regions appeared first on PropertyWire . Continue reading

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High rents, prices and mortgage rates denting property market confidence in US

The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading

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