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Prices and sales rising in Cyprus as foreign buyers return to the island

The property recovery is underway in Cyprus with the latest figures showing that prices for villas and flats are increasing and sales are also rising. The latest figures from the Royal Institution of Chartered Surveyors (RICS) shows that across Cyprus residential prices for both houses and flats increase by 0.6% and 0.9% respectively in the […] The post Prices and sales rising in Cyprus as foreign buyers return to the island 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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Rents outside of London up by 2.3% year on year but flat for fifth month in a row

Rents paid by private sector tenants in Great Britain outside of London rose by 2.3% in the 12 months to December 2016, unchanged for the fifth month in a row, the latest official figures show. In England rents were up by 2.5%, in Wales they increased by 0.3% and in Scotland they were up by […] The post Rents outside of London up by 2.3% year on year but flat for fifth month in a row appeared first on PropertyWire . Continue reading

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