Tag Archives: finance-update
Homes are becoming less affordable in the US as prices rise and wages don’t
Houses are becoming less affordable in the United States with the latest figures showing that in the final quarter of 2016 29% were less affordable than their historic affordability averages. This was up from 24% of markets in the previous quarter and up from 13% a year ago to the highest share since the third […] The post Homes are becoming less affordable in the US as prices rise and wages don’t appeared first on PropertyWire . Continue reading →
Construction of UK’s first starter homes to get underway later this year
First time buyers in the UK will be able to buy a new starter home at a discount of at least 20% if they are aged between 23 and 40, the housing minister has confirmed. Gavin Barwell has announced that the first of thousands of new Starter Homes will be built on brownfield sites across […] The post Construction of UK’s first starter homes to get underway later this year appeared first on PropertyWire . Continue reading →
Residential rents up by almost 4% in England and Wales year on year
Rents increased in England and Wales by 3.9% in the 12 months to November 2016 taking the average rent to £830 a month, the latest index data shows. London remained the most expensive place to rent a property with rents reached a new high of £1,295 per month, according to the Your Move index. But […] The post Residential rents up by almost 4% in England and Wales year on year appeared first on PropertyWire . Continue reading →