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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

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Almost a third of homes for sale in UK towns and cities have prices cuts

Almost a third of properties for sale in major towns and cities in the UK have been reduced in prices with most of them located in the north of the country where property markets have been slower to recover from the downturn. Indeed, 17 of the top 20 locations for price cuts are in the […] The post Almost a third of homes for sale in UK towns and cities have prices cuts appeared first on PropertyWire . Continue reading

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Policy changes welcomed by UK lettings industry but landlords still feel battered

New housing policies affecting the private rented sector in the UK have been widely welcomed regarding longer tenancies and clamping down on rogue landlords. But landlords and the industry are warning that they still face tough challenges ahead relating to tax and letting fees and rents could rise at a time when the new Housing […] The post Policy changes welcomed by UK lettings industry but landlords still feel battered appeared first on PropertyWire . Continue reading

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