slowdown
Strong property price growth in Canada creating housing market problems
Canada is facing problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration, according to a new report. The main problem location are Vancouver and Toronto where strong price growth has been spreading to neighbouring centres such as Hamilton and Victoria, says the report from the Canada Mortgage and […] The post Strong property price growth in Canada creating housing market problems appeared first on PropertyWire . Continue reading →
Number of first time buyers in UK rises as buy to let purchases fall
The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading →
Fall in supply helps to slow annual decline in prime central London rents
The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading →