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Demand for rental properties fell to a two year low in the UK in December 2016

Demand for rental properties in the UK fell 19% month on month to a two year low at the end of 2016, the latest figures show. The data from the Association of Residential Letting Agents reveals that in December 2016 there were 26 prospective tenants registered per member branch, the lowest level since records began […] The post Demand for rental properties fell to a two year low in the UK in December 2016 appeared first on PropertyWire . Continue reading

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Homes sales down in the US due to falling supply and affordability

Existing home sales in the United States fell 2.8% year on year in December but the nation saw its best year in a decade for residential real estate, the latest index data shows. Ongoing affordability tensions and historically low supply levels contributed to the fall in sales at the end of 2016 but at 5.45 […] The post Homes sales down in the US due to falling supply and affordability appeared first on PropertyWire . Continue reading

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Brexit creates opportunity for UK property investment says industry organisation

The property industry in the UK is being urged to look at and act upon the opportunities that could open up as a result of Brexit rather than focusing on the negatives. According to the Property Industry Alliance (PIA), which brings together leading representative bodies from the UK’s commercial property industry, the Government also needs […] The post Brexit creates opportunity for UK property investment says industry organisation appeared first on PropertyWire . Continue reading

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