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Weakening affordability and lack of supply sees home sales fall in the US
After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading →
Manchester replaces London with strongest annual house price growth
Property prices in key UK cities increased by 6.4% in the 12 months to February 2017, down from 7.8% a year ago but the headline figure is being dragged down by a slowdown in London. It means that city house price growth is now being led by regional cities, most notably Manchester which has seen […] The post Manchester replaces London with strongest annual house price growth appeared first on PropertyWire . Continue reading →
Rental growth slowing in London more than in rest of UK
Rents in London are increasing at a much slower rate than the rest of the country and the supply of homes to rent is still falling, the latest research shows. Just 8% of lettings agents report rents rising in London in February compared to 25% nationally, according to the latest monthly private rented sector report […] The post Rental growth slowing in London more than in rest of UK appeared first on PropertyWire . Continue reading →