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UK prices could rise around 2% in 2017, depending on economy as Brexit process starts
The performance of the residential property market in the UK will depend on how the economy develops in 2017, the year the nation starts the process of leaving the European Union, it is claimed. Modest price growth of around 2% is being forecast by the Nationwide, the second largest mortgage provider in the UK and […] The post UK prices could rise around 2% in 2017, depending on economy as Brexit process starts appeared first on PropertyWire . Continue reading →
Home prices in Canada up over 7% year on year but sales fell sharply in November
The national average price of a home in Canada increased by 7.3% year on year in November but sales are just 1.5% above a year ago after falling by 5.3% month on month. Overall the home price index from the Canadian Real Estate Association (CREA) is up 14.4% year on year and But sales are […] The post Home prices in Canada up over 7% year on year but sales fell sharply in November appeared first on PropertyWire . Continue reading →
Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report
The average residential rent in the UK increased marginally in 2016 with growth of 1.12% over the year, the latest data shows, but growth is expected to rise in 2017. Overall rental growth has slowed from 2.34% in same period of 2015 with rents in London down by 0.31%, according to the national rent review […] The post Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report appeared first on PropertyWire . Continue reading →