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Median house prices rise across New Zealand but sales are down

Median house prices have risen again in New Zealand with some regions reaching record highs but sales were down or flat, the latest index data shows. Year on year median prices were up 11% in December 2016 to $516,000, just $4,000 below the record high set the previous month, according to the figures from the […] The post Median house prices rise across New Zealand but sales are down appeared first on PropertyWire . Continue reading →

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Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish

Mortgage lending in the UK increased towards the end of 2016 which turned out to be a year when Brexit and economic uncertainty weighed on the market. The outlook for lending to home buyers is less bullish than it was a year ago but the market is proving to be resilient, according to the latest […] The post Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish appeared first on PropertyWire . Continue reading →

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Official data shows property prices in UK up almost 7% in 12 months to November 2016

Residential property prices in the UK increased by 6.7% in the 12 months to November 2016, according to the latest official data to be published. Prices were also up 1.1% month on month, taking the average price of a property to £217,928, the figures from the Office of National Statistics (ONS) shows. The main contribution […] The post Official data shows property prices in UK up almost 7% in 12 months to November 2016 appeared first on PropertyWire . Continue reading →

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