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More lettings stock, Brexit and stamp duty have had an impact on London rental market

An increase in residential lettings stock in London due to Brexit and stamp duty is having a downward pressure on rents, according to the latest analysis report. A return to rental growth, last seen in March 2016, is unlikely as tenants have adjusted to the current lower levels and more choice means they can afford […] The post More lettings stock, Brexit and stamp duty have had an impact on London rental market appeared first on PropertyWire . Continue reading

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UK property prices keep edging upwards, latest index shows

Property prices in the UK continued to push upwards in February with a rise of 0.6% month on month taking the average price to £205,846. The index date from lender the Nationwide also shows that year on year house price growth has increased by 4.5% and more households in England own their property outright than […] The post UK property prices keep edging upwards, latest index shows appeared first on PropertyWire . Continue reading

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Lack of supply and high prices hit home sales market in the US

A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading

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