economist

Weakening affordability and lack of supply sees home sales fall in the US

After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading

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Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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Housing market confidence rises in the US, but is down on a year ago

Most households in the United States believe the spring season is a good time to buy a home but those in the rental sector are less confident, new research shows. Some 80% of home owners are positive about the market, up from 78% in December 2016 but down from 82% a year ago, according to […] The post Housing market confidence rises in the US, but is down on a year ago appeared first on PropertyWire . Continue reading

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