Middle East

US home prices edged up at end of 2016 with softer growth predicted for 2017

Home prices in the United States increased by 0.9% in the final quarter of 2016 and were up 5.8% year on year, but growth is expected to be slower in 2017, latest index suggests. The data from real estate firm Clear Capital also shows that distressed saturation has fallen another 0.3% bringing the national average […] The post US home prices edged up at end of 2016 with softer growth predicted for 2017 appeared first on PropertyWire . Continue reading

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Property prices up 0.4% at start of year in England and Wales, similar to a year ago

Residential property prices in England and Wales increased by 0.4% at the start of the year, not much change from the 0.5% recorded a year ago, the latest index data shows. The £1,086 monthly rise took the average price of a property to over £300,000 and asking prices are now up 3.2% year on year, […] The post Property prices up 0.4% at start of year in England and Wales, similar to a year ago appeared first on PropertyWire . Continue reading

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Lenders launch a range of new mortgage products to kick start the year

What will happen to mortgage rates in 2017 is still a guessing game with opinion divided over whether or not the Bank of England will raise interest rates but the year has started with a number of offers and new products. Yorkshire Building Society has launched a two year discounted standard variable rate mortgage at […] The post Lenders launch a range of new mortgage products to kick start the year appeared first on PropertyWire . Continue reading

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