bank of england

Report brands new homes in England as unaffordable and of poor quality

The current system of house building in England is failing families by producing high priced and poor quality homes that eight in 10 families cannot afford, a new report claims. Some 83% of families who rent cannot afford to buy a typical new build home across the country even if they used the Government Help […] The post Report brands new homes in England as unaffordable and of poor quality appeared first on PropertyWire . Continue reading

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Lack of supply boosting property sales in hotspots in Scotland

Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading

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Property prices growth in key Australian cities continues, latest index shows

Property prices in state capital cities in Australia increased further in February, recording an average rise of 1.4% and led by Sydney, the latest index shows. It means that the current growth cycle is approaching five years in duration with rises in prices for 58 months, according to the figures from real estate firm CoreLogic. […] The post Property prices growth in key Australian cities continues, latest index shows appeared first on PropertyWire . Continue reading

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