Tag Archives: housing
Property prices up in England and Wales, but at lowest level for February for years
Property asking prices in England and Wales increased by 2% since January to an average of £305,231 but the annual rate of growth has fallen to 2.3%, its lowest level since 2013. But overall demand in the market remains strong, according to the report from property portal Rightmove which also says that getting the price […] The post Property prices up in England and Wales, but at lowest level for February for years appeared first on PropertyWire . Continue reading →
Outlook for residential property in key Asian cities more subdued for 2017
Many residential property markets in Asia have seen a year of strong increases but prospects for 2017 look more subdued, according to a new report. Potential risk for Asian property markets include rising interest rates in the United States and the strength of the US dollar. There is also the threat of US trade tariffs, […] The post Outlook for residential property in key Asian cities more subdued for 2017 appeared first on PropertyWire . Continue reading →
Home repossessions and arrears in UK fell in 2016, latest data shows
The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading →