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Official data shows where homes in England and Wales are least affordable

A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading

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Price growth in southern US now outperforming California, latest research shows

Housing markets in California are no longer the fastest growing in the United States as they are being overtaken by Florida, Texas and Tennessee, according to new real estate market research. With the latest index from real estate firm Zillow showing that home values have increased by 7.2% in the year to January 2017 and […] The post Price growth in southern US now outperforming California, latest research shows appeared first on PropertyWire . Continue reading

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Scottish house prices saw solid growth during 2016, latest data shows

Average house prices in Scotland increased by 0.2% in December 2016 and sales volumes reached their highest level for nine years, the latest index shows. Year on year prices are now up by 2.2% to an average of £172,204 but while growth is ahead of the 2.1% annual rise for Wales and 1.3% in London, […] The post Scottish house prices saw solid growth during 2016, latest data shows appeared first on PropertyWire . Continue reading

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