mortgage rates

Homes are becoming less affordable in the US as prices rise and wages don’t

Houses are becoming less affordable in the United States with the latest figures showing that in the final quarter of 2016 29% were less affordable than their historic affordability averages. This was up from 24% of markets in the previous quarter and up from 13% a year ago to the highest share since the third […] The post Homes are becoming less affordable in the US as prices rise and wages don’t appeared first on PropertyWire . Continue reading

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Higher borrowing hits US property market with sales down in November

Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading

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Nationally US property sales increased in November but fell in some regions

The United States real estate market has had an outstanding end to 2016 with existing home sales rising in November for the third month in a row, data from agents shows. A big surge in the Northeast and a smaller gain in the South pushed existing home sales up by 0.7% month on month and […] The post Nationally US property sales increased in November but fell in some regions appeared first on PropertyWire . Continue reading

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