Real Estate

Average home price in England and Wales now over £300,000

The average price of a home in England and Wales has gone above £300,000 with a strong start to 2017 seeing a new peak in values, according to the latest index to be published. Prices were up 0.3% in January to an average of £300,169, an annual rise of 3.1% but the market in London […] The post Average home price in England and Wales now over £300,000 appeared first on PropertyWire . Continue reading

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Strong property price growth in Canada creating housing market problems

Canada is facing problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration, according to a new report. The main problem location are Vancouver and Toronto where strong price growth has been spreading to neighbouring centres such as Hamilton and Victoria, says the report from the Canada Mortgage and […] The post Strong property price growth in Canada creating housing market problems appeared first on PropertyWire . Continue reading

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Home repossessions and arrears in UK fell in 2016, latest data shows

The number of properties in the UK repossessed last year fell by almost 25% with the housing market experiencing a clear downward trend in arrears. The new data from the Council of Mortgage Lenders (CML) shows that last year’s total of 7,700 cases of possession compared with 10,200 in 2015, and was the lowest number […] The post Home repossessions and arrears in UK fell in 2016, latest data shows appeared first on PropertyWire . Continue reading

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