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Rents in UK up 3% year on year but some regions falling on quarterly basis

Asking rents in the UK increased by 3% annually outside London in 2016 with the highest growth recorded in northern regions, the latest index shows. However, rents in London fell 4.4% with inner London seeing the biggest decline in the fourth quarter of 2016, according to the data from real estate portal Rightmove. In 2017 […] The post Rents in UK up 3% year on year but some regions falling on quarterly basis appeared first on PropertyWire . Continue reading

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US home prices edged up at end of 2016 with softer growth predicted for 2017

Home prices in the United States increased by 0.9% in the final quarter of 2016 and were up 5.8% year on year, but growth is expected to be slower in 2017, latest index suggests. The data from real estate firm Clear Capital also shows that distressed saturation has fallen another 0.3% bringing the national average […] The post US home prices edged up at end of 2016 with softer growth predicted for 2017 appeared first on PropertyWire . Continue reading

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Rate of residential rental growth halves in Great Britain in 2016

Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading

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