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Property prices up in England and Wales, but at lowest level for February for years

Property asking prices in England and Wales increased by 2% since January to an average of £305,231 but the annual rate of growth has fallen to 2.3%, its lowest level since 2013. But overall demand in the market remains strong, according to the report from property portal Rightmove which also says that getting the price […] The post Property prices up in England and Wales, but at lowest level for February for years appeared first on PropertyWire . Continue reading

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Higher mortgage rates set to have impact on US housing market this year

Rising mortgage rates and their impact on housing affordability will be the most significant force in the property market in the United States in 2017, it is suggested. The latest quarterly survey from real estate firm Zillow and conducted by Pulsenomics asked more than 100 housing experts and economists what factors would have the greatest […] The post Higher mortgage rates set to have impact on US housing market this year appeared first on PropertyWire . Continue reading

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Residential rental prices rise in Berlin despite rent cap

Median asking rental prices in Berlin increased strongly in 2016 despite a rent cap being introduced in 2015, up 5.6% during the year, the latest figures show. The growth was led by apartments with rents in this sector up by 15.7% although there are considerable variations depending on location, according to the housing market report […] The post Residential rental prices rise in Berlin despite rent cap appeared first on PropertyWire . Continue reading

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