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Property prices up 0.4% at start of year in England and Wales, similar to a year ago

Residential property prices in England and Wales increased by 0.4% at the start of the year, not much change from the 0.5% recorded a year ago, the latest index data shows. The £1,086 monthly rise took the average price of a property to over £300,000 and asking prices are now up 3.2% year on year, […] The post Property prices up 0.4% at start of year in England and Wales, similar to a year ago appeared first on PropertyWire . Continue reading

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Last year saw more first time buyers in UK but they are older and pay more

The number of first time buyers in the UK is estimated to have reached 335,750 in 2016, up 7.3% and the third year in a row of growth, according to a new report. It means that those getting on the housing ladder for the first time have reached their highest level since the start of […] The post Last year saw more first time buyers in UK but they are older and pay more appeared first on PropertyWire . Continue reading

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Prices down 2% month on month in New Zealand

Average property prices in New Zealand fell at the end of 2016 but agents believe it was a seasonal blip rather than a sign that the housing market is set to slowdown as sales levels did not dip. Average prices fell by 2% in December month on month to $913,709 while the median price was […] The post Prices down 2% month on month in New Zealand appeared first on PropertyWire . Continue reading

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