United States

US city property prices seeing steady rises and upward trend set to continue

Home prices have continued to increase in key cities across the United States over the last 12 months with a rise of 5.1% in July, up from 5% the previous month. Portland, Seattle, and Denver recorded the highest year on year gains in the S&P Corelogic Case-Shiller 20 city composite. Prices were up 12.4% in […] The post US city property prices seeing steady rises and upward trend set to continue appeared first on PropertyWire . Continue reading

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US home sales down for second month in a row, latest data shows

Existing home sales in the United States unexpectedly slowed in August for the second consecutive month despite mortgage rates near record lows, the latest index data shows. Higher home prices and not enough inventory for sale have kept some would-be buyers at bay, according to the index report from the National Association of Realtors. It […] The post US home sales down for second month in a row, latest data shows appeared first on PropertyWire . Continue reading

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Global office demand positive despite political and economic upheavals

Global office demand is proving resilient in many of the world’s dominant commercial real estate markets despite increased political and economic uncertainty, new research has found. Although corporate occupiers may be striking a more cautious tone office supply continues to tighten on the back of a shallow development cycle, resulting in continued upward momentum in […] The post Global office demand positive despite political and economic upheavals appeared first on PropertyWire . Continue reading

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