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Housing stock value growth shows extent of US property market recovery
The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading →
Higher borrowing hits US property market with sales down in November
Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading →
Property market demand set to fall in UK in 2017 and prices rise by up to 4%
Demand for home in the UK is set to fall in 2017 but an ongoing shortage of supply will mean prices continue to rise, according to new research. With not enough new homes being built and historic low interest rates the supply and demand gap will go on although slower economic growth and affordability constraints […] The post Property market demand set to fall in UK in 2017 and prices rise by up to 4% appeared first on PropertyWire . Continue reading →