Cities

Property listings down in UK in December more than normal, latest data shows

Listings of new properties for sale in the UK fell by almost 50% in December which agents say is more than the usual seasonal slowdown, new research suggests. New listings fell by 46.9% with 98% of towns and cities seeing a decline on properties for sale compared to the previous month, according to the property […] The post Property listings down in UK in December more than normal, latest data shows appeared first on PropertyWire . Continue reading

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Housing market in UK ended 2016 strongly, latest index shows

The residential housing market in the UK finished 2016 strongly with prices up 1.7% month on month in December, taking the annual growth to 6.5%. The quarterly growth was also strong, up 2.5% in the final quarter of the year, taking the average price of a home to £222,484, the figures from lender the Halifax […] The post Housing market in UK ended 2016 strongly, latest index shows appeared first on PropertyWire . Continue reading

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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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