home lending
Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise
Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading →
Housing stock value in UK passes £5 trillion for the first time
The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading →
Home prices up year on year in Canada but sales down by 5% in December 2016
The national average price of a home in Canada increased by 3.5% in December year on year but sales were down by 5%, the latest index data shows. However, month on month sales increased by 2.2% although the modest rebound recovered less than half of the drop in activity from October to November which was […] The post Home prices up year on year in Canada but sales down by 5% in December 2016 appeared first on PropertyWire . Continue reading →