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Lack of supply and high prices hit home sales market in the US

A lack of properties on the market and deteriorating affordability led to pending home sales in the United States falling in January by 2.8% to their lowest level in a year. Interest in buying a home has increased to its highest point since the global economic downturn but the buying market is currently challenging, according […] The post Lack of supply and high prices hit home sales market in the US appeared first on PropertyWire . Continue reading

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Property prices up in England and Wales, but at lowest level for February for years

Property asking prices in England and Wales increased by 2% since January to an average of £305,231 but the annual rate of growth has fallen to 2.3%, its lowest level since 2013. But overall demand in the market remains strong, according to the report from property portal Rightmove which also says that getting the price […] The post Property prices up in England and Wales, but at lowest level for February for years appeared first on PropertyWire . Continue reading

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National home prices in Canada unchanged in January as sales fell

Home sales in Canada fell month on month at the beginning of 2017 while prices were almost unchanged in January compared to a year ago, the latest index data shows. Sales fell nationally by 1.3% compared to December 2016 but actual, not seasonally adjusted, activity was up 1.9% year on year, according to the figures […] The post National home prices in Canada unchanged in January as sales fell appeared first on PropertyWire . Continue reading

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