economic

Homes sales down in the US due to falling supply and affordability

Existing home sales in the United States fell 2.8% year on year in December but the nation saw its best year in a decade for residential real estate, the latest index data shows. Ongoing affordability tensions and historically low supply levels contributed to the fall in sales at the end of 2016 but at 5.45 […] The post Homes sales down in the US due to falling supply and affordability appeared first on PropertyWire . Continue reading

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Surveyors expect residential property prices and rents in Ireland to increase in 2017

National property prices in Ireland are set to rise by an average of 7% in 2017 while rents are expected to increase by between 8% and 10%, according to the latest outlook review report from surveyors. The report from the Society of Chartered Surveyors Ireland (SCSI) predicts that the biggest prices rises are likely to […] The post Surveyors expect residential property prices and rents in Ireland to increase in 2017 appeared first on PropertyWire . Continue reading

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Sales in the UK increased last month but were well below a year ago

Residential property sales in the UK in December increased month on month but are still some way below where they were a year ago, the latest official data shows. Seasonally adjusted sales increased by 0.2% between November and December 2016 but this was 8.5% lower compared than the same month in 2015, according to the […] The post Sales in the UK increased last month but were well below a year ago appeared first on PropertyWire . Continue reading

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