United States

High rents, prices and mortgage rates denting property market confidence in US

The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading

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Property price fall in San Jose could be start of cooling markets in the US

The first interest rate rise in the United States for a year could hit the housing market in California where there are already signs of the real estate sector cooling, new research suggests. The property market in California have been regarded as overheating for a while with house prices falling in some locations such as […] The post Property price fall in San Jose could be start of cooling markets in the US appeared first on PropertyWire . Continue reading

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Change in US housing sectors will see move to a buyer’s market by 2018

The residential property market in the United States is set to move from a seller’s market to a buyer’s market in the coming 18 months, according to new research. Property prices increased by over 6% in the 12 months to October 2016 but the outlook for next year suggests growth will fall to 3% by […] The post Change in US housing sectors will see move to a buyer’s market by 2018 appeared first on PropertyWire . Continue reading

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