Global News
House prices in key global cities up 5.5% on average year on year
House prices across 150 key cities around the world increased by 5.5% on average in the year to June 2016, the strongest annual rate of growth for two years. Of the 150 cities tracked by the Knight Frank global residential cities index some 114 recorded positive annual price growth in the year to June and, […] The post House prices in key global cities up 5.5% on average year on year appeared first on PropertyWire . Continue reading →
Brexit negotiations could dent UK property market but open investment opportunities
Uncertainty during Brexit negotiations could cause limited, short term falls in capital property values in the UK but this could open up opportunities for real estate investors, a new analysis suggests. Any declines should remain restrained given expectations of a relatively subdued, but by no means dismal, economic outlook, according to the latest UK property […] The post Brexit negotiations could dent UK property market but open investment opportunities appeared first on PropertyWire . Continue reading →
Latest index shows 24% of housing markets in US counties are less affordable
A quarter of county housing markets in the United States were less affordable than their historic averages in the third quarter of 2016, up from 22% in the previous quarter, the latest data shows. This was also an increase of 19% year on year and the highest since the third quarter of 2009 when 47% […] The post Latest index shows 24% of housing markets in US counties are less affordable appeared first on PropertyWire . Continue reading →
