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Official data shows where homes in England and Wales are least affordable
A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading →
Brexit brings down the price of farm land in England and Wales
Farm land values in England and Wales fell in 2016, caused by concerns about how Brexit will affect the rural sector, but could stabilise this year, according to new research. Overall values fell by 2.6% in the final quarter of 2016 and were down 9% year on year, the biggest annual decline since 1999, the […] The post Brexit brings down the price of farm land in England and Wales appeared first on PropertyWire . Continue reading →
Rents and prices set to fall further in Abu Dhabi in 2017
Average residential rents and property prices in Abu Dhabi fell in 2016 and further declines are likely in 2017 due to new supply coming onto the market, the latest analysis report suggests. Apartment rents fell by 7% on average year on year and villas rents were down by 5% while average sale prices for both […] The post Rents and prices set to fall further in Abu Dhabi in 2017 appeared first on PropertyWire . Continue reading →