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Strong growth in Spanish property market set to continue into 2017
The Spanish property market grew by 14% in 2016, the biggest increase in sales of homes since the run up to the last real estate boom, new figures show. The data from the National Institute of Statistics show there were 362,182 home sales recorded on the Spanish property register in 2016, up 14% year on […] The post Strong growth in Spanish property market set to continue into 2017 appeared first on PropertyWire . Continue reading →
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 →
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 →