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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 →
Average house price in England could reach close to £1 million by 2037
Residential property prices in England could average over £300,000 in the next decade if they rise as much as they have in the last 10 years, new research shows. In London they would rise to over £800,000 and in the South East of England the average would be over £445,000, according to the study from […] The post Average house price in England could reach close to £1 million by 2037 appeared first on PropertyWire . Continue reading →
Residential rents rose or were stable across Scotland in November 2016
Residential rents in Scotland increased or remained the same across the country between October and November 2016 taking the average to £569 per month, the latest index shows. Edinburgh and the Lothians have the most expensive with the capital city seeing annual growth of 4.9%, the biggest growth in the country, according to the data […] The post Residential rents rose or were stable across Scotland in November 2016 appeared first on PropertyWire . Continue reading →