Supply

Homes near new Crossrail stations in and around London see prices soar

More evidence has been published that the Cross rail line in London and out to nearby commuter towns is pushing up property prices with values up more than 40% since it as announced in 2007. Over the last 10 years all 40 stations along the new Elizabeth Line have recorded price growth double the rate […] The post Homes near new Crossrail stations in and around London see prices soar appeared first on PropertyWire . Continue reading

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Homes sales down in the US due to falling supply and affordability

Existing home sales in the United States fell 2.8% year on year in December but the nation saw its best year in a decade for residential real estate, the latest index data shows. Ongoing affordability tensions and historically low supply levels contributed to the fall in sales at the end of 2016 but at 5.45 […] The post Homes sales down in the US due to falling supply and affordability appeared first on PropertyWire . Continue reading

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Surveyors expect residential property prices and rents in Ireland to increase in 2017

National property prices in Ireland are set to rise by an average of 7% in 2017 while rents are expected to increase by between 8% and 10%, according to the latest outlook review report from surveyors. The report from the Society of Chartered Surveyors Ireland (SCSI) predicts that the biggest prices rises are likely to […] The post Surveyors expect residential property prices and rents in Ireland to increase in 2017 appeared first on PropertyWire . Continue reading

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