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Homes are becoming less affordable in the US as prices rise and wages don’t

Houses are becoming less affordable in the United States with the latest figures showing that in the final quarter of 2016 29% were less affordable than their historic affordability averages. This was up from 24% of markets in the previous quarter and up from 13% a year ago to the highest share since the third […] The post Homes are becoming less affordable in the US as prices rise and wages don’t appeared first on PropertyWire . Continue reading

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Realistic pricing is helping sales in the prime London property market

Realistic pricing is helping the prime residential property market in London which has been hit by higher tax and uncertainty surrounding Brexit, new research suggests. It means that prices are becoming more aligned with buyer expectations and as a result in some locations the fall in values is being addressed, according to the latest report […] The post Realistic pricing is helping sales in the prime London property market appeared first on PropertyWire . Continue reading

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Property prices in Australian capital cities up by almost 11% year on year

Property prices in capital cities in Australia increased by 1.4% in December and by 10.9% year on year, the highest annual growth since 2009, the latest index figures show. But there is considerable variation with annual prices rising by 15.5% in Sydney but falling 4.3% in Perth while Melbourne and Hobart recorded gains higher than […] The post Property prices in Australian capital cities up by almost 11% year on year appeared first on PropertyWire . Continue reading

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