The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
Tag Archives: listings
Lack of new homes for sale in UK not getting any better
The lack of supply in the UK housing sales market looks set to continue with the latest figures showing that across the country new property listings fell by 11.9% in November, the biggest drop this year. It was even worse in London where supply fell by 18.3% with just two of the London boroughs seeing […] The post Lack of new homes for sale in UK not getting any better appeared first on PropertyWire . Continue reading →
Property prices and sales continue to rise in Canada despite mortgage changes
Tighter mortgage criteria in Canada does not seem to be impacting the nation’s property market yet with sales and prices continuing to rise. The new rules only came into play in the middle of October so the effect is more likely to show in the coming months and could affect first time buyers the most, […] The post Property prices and sales continue to rise in Canada despite mortgage changes appeared first on PropertyWire . Continue reading →