economic

Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish

Mortgage lending in the UK increased towards the end of 2016 which turned out to be a year when Brexit and economic uncertainty weighed on the market. The outlook for lending to home buyers is less bullish than it was a year ago but the market is proving to be resilient, according to the latest […] The post Home lending in UK remained resilient in 2016 but outlook for 2017 is less bullish appeared first on PropertyWire . Continue reading

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Prices soar in Ireland with help for first time buyers and looser lending rules

Property prices across Ireland increased by 8.6% in the year to November 2016, boosted by a scheme to help first time buyers and a loosening of lending rules. The 8.6% rise compared to 6.9% recorded in October and just 4.2% in the 12 months to November 2015, according to the latest index data from the […] The post Prices soar in Ireland with help for first time buyers and looser lending rules appeared first on PropertyWire . Continue reading

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Residential market in Dubai close to bottom and likely to stagnate in 2017

Lower oil prices and currency changes affecting expats have affected Dubai’s residential real estate market with prices and rents still down in the fourth quarter of 2016 but now close to bottom. But the decline in the market is slowing and property experts believe that rents and prices will be more stable in the first […] The post Residential market in Dubai close to bottom and likely to stagnate in 2017 appeared first on PropertyWire . Continue reading

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