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Car parks across UK could be used to build new homes, research suggests
Hundreds of thousands of new homes could be built on car parks in the UK without losing parking facilities and helping to boost the number of properties being built, new research suggests. Some 400,000 new homes could be built on 10,500 ‘surface’ car parks in towns and cities around the country, enough to house around […] The post Car parks across UK could be used to build new homes, research suggests appeared first on PropertyWire . Continue reading →
US home prices edged up at end of 2016 with softer growth predicted for 2017
Home prices in the United States increased by 0.9% in the final quarter of 2016 and were up 5.8% year on year, but growth is expected to be slower in 2017, latest index suggests. The data from real estate firm Clear Capital also shows that distressed saturation has fallen another 0.3% bringing the national average […] The post US home prices edged up at end of 2016 with softer growth predicted for 2017 appeared first on PropertyWire . Continue reading →
CML publishes more pessimistic outlook for home lending in UK in 2017
The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading →