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Homes are becoming less affordable in the US as prices rise and wages don’t
Houses are becoming less affordable in the United States with the latest figures showing that in the final quarter of 2016 29% were less affordable than their historic affordability averages. This was up from 24% of markets in the previous quarter and up from 13% a year ago to the highest share since the third […] The post Homes are becoming less affordable in the US as prices rise and wages don’t appeared first on PropertyWire . Continue reading →
Cambridge records biggest house price growth outside of London in last decade
Towns and cities within commuting distance of London have seen property asking prices increase substantially in the last decade, according to new research. Cambridge has seen values rise the most with growth of 75.3% from 2006 to 2016, taking the average asking price to £463,093, followed by Walton on Thames with a rise of 71.8% […] The post Cambridge records biggest house price growth outside of London in last decade appeared first on PropertyWire . Continue reading →
Housing stock value growth shows extent of US property market recovery
The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading →