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Lack of supply and high prices hit home sales market in the US
A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading →
Property prices up in England and Wales, but at lowest level for February for years
Property asking prices in England and Wales increased by 2% since January to an average of £305,231 but the annual rate of growth has fallen to 2.3%, its lowest level since 2013. But overall demand in the market remains strong, according to the report from property portal Rightmove which also says that getting the price […] The post Property prices up in England and Wales, but at lowest level for February for years appeared first on PropertyWire . Continue reading →
Rate rise fears driving remortgage surge in the UK
Home owners in the UK are increasingly looking to remortgage as they fear that interest rates are more likely to rise than they were a year ago, new research has found. There was a 14% increase in the number of remortgagers looking for lower monthly payments in December 2016, according to the analysis carried out […] The post Rate rise fears driving remortgage surge in the UK appeared first on PropertyWire . Continue reading →