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Prices in UK residential market continue upward trend, 5.1% above a year ago

House price growth in the UK increased by 0.1% in February and by 1.7% to an average of £219,949, according to the latest index data to be published. Year on year they are 5.1% higher but this annual rate of growth has slowed from 5.7% in the previous month and is now the lowest since […] The post Prices in UK residential market continue upward trend, 5.1% above a year ago appeared first on PropertyWire . Continue reading

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First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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Prime property prices in key global cities up 1.4% on average in 2016

Prices in key prime property markets around the world increased by 1.4% on average year on year, almost unchanged from the increase recorded in 2015, the latest global index shows. Australasia was the strongest performing world region in 2016 with prices rising by 11.4% year on year with Shanghai prices up 27.4%, Beijing up 26.7% […] The post Prime property prices in key global cities up 1.4% on average in 2016 appeared first on PropertyWire . Continue reading

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