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Renting set to be more affordable in the US in 2017, new analysis suggests

Home ownership rates in the US are expected to bounce back in 2017 and renting will become more affordable but Trump could push up housing cost, says a new analysis. The outlook report from real estate firm Zillow predicts that recent trends will reverse course as the housing market’s economic recovery enters a new stage. […] The post Renting set to be more affordable in the US in 2017, new analysis suggests appeared first on PropertyWire . Continue reading

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Residential property sales up 1% in October, but still down year on year

The number of residential property sales in the UK increased by 1% between September and October compared to a 4.3% drop the previous month, the latest official data shows. However, the figures from HMRC also show that the latest seasonally adjusted figure is 8% lower compared with the same month last year. Overall for October […] The post Residential property sales up 1% in October, but still down year on year appeared first on PropertyWire . Continue reading

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UK house price sentiment stable after Brexit vote low

Households across the UK are more optimistic about property prices than they were just after the country voted to leave the European Union, the latest sentiment index shows. The House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit has been above 50 for four months in a row following a low recorded in […] The post UK house price sentiment stable after Brexit vote low appeared first on PropertyWire . Continue reading

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