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Home prices increased faster in the US in third quarter of 2016

Persistent supply shortages throughout the United States led to slightly faster home price appreciation during the third quarter of 2016, according to the latest data from estate agents. The quarterly report from the National Association of Realtors also shows that seven of the 10 most expensive housing markets in are in the West, including San […] The post Home prices increased faster in the US in third quarter of 2016 appeared first on PropertyWire . Continue reading

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Rents set to continue upwards in the US, led by tech hubs in the West

Residential rents across the United States are forecasted to rise 1.7% over the next year, the same rate of appreciation as the past 12 months, according to the latest real estate analysis report. Rents will rise in 34 of the 35 largest US metros, although 11 of the 35 are expected to report slower growth, […] The post Rents set to continue upwards in the US, led by tech hubs in the West appeared first on PropertyWire . Continue reading

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Latest index shows 24% of housing markets in US counties are less affordable

A quarter of county housing markets in the United States were less affordable than their historic averages in the third quarter of 2016, up from 22% in the previous quarter, the latest data shows. This was also an increase of 19% year on year and the highest since the third quarter of 2009 when 47% […] The post Latest index shows 24% of housing markets in US counties are less affordable appeared first on PropertyWire . Continue reading

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