Lending

Weakening affordability and lack of supply sees home sales fall in the US

After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading

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UK property industry disappointed that letting agents not included in money directive

The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading

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Manchester replaces London with strongest annual house price growth

Property prices in key UK cities increased by 6.4% in the 12 months to February 2017, down from 7.8% a year ago but the headline figure is being dragged down by a slowdown in London. It means that city house price growth is now being led by regional cities, most notably Manchester which has seen […] The post Manchester replaces London with strongest annual house price growth appeared first on PropertyWire . Continue reading

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