United States

Rents set to continue upwards in the US, led by tech hubs in the West

Residential rents across the United States are forecasted to rise 1.7% over the next year, the same rate of appreciation as the past 12 months, according to the latest real estate analysis report. Rents will rise in 34 of the 35 largest US metros, although 11 of the 35 are expected to report slower growth, […] The post Rents set to continue upwards in the US, led by tech hubs in the West appeared first on PropertyWire . Continue reading

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Latest index shows 24% of housing markets in US counties are less affordable

A quarter of county housing markets in the United States were less affordable than their historic averages in the third quarter of 2016, up from 22% in the previous quarter, the latest data shows. This was also an increase of 19% year on year and the highest since the third quarter of 2009 when 47% […] The post Latest index shows 24% of housing markets in US counties are less affordable appeared first on PropertyWire . Continue reading

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Pending home sales in US fall again to lowest level since January

After bouncing back in July, pending home sales in the United States cooled in August for the third time in four months, taking them to their lowest level since January. The latest pending home sales index from the National Association of Realtors, a forward looking indicator based on contract signings, fell by 2.4% to 108.5 […] The post Pending home sales in US fall again to lowest level since January appeared first on PropertyWire . Continue reading

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