Cities

UK prices could rise around 2% in 2017, depending on economy as Brexit process starts

The performance of the residential property market in the UK will depend on how the economy develops in 2017, the year the nation starts the process of leaving the European Union, it is claimed. Modest price growth of around 2% is being forecast by the Nationwide, the second largest mortgage provider in the UK and […] The post UK prices could rise around 2% in 2017, depending on economy as Brexit process starts appeared first on PropertyWire . Continue reading

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House price growth in Scotland outperforming the rest of Britain

House prices in Scotland are growing faster than in England and Wales and in October increased at their strongest rate since March 2015, the latest index data shows. Prices increased by 1.5% month on month, taking the price of an average property to £172,561 and are now 2.9% higher than a year ago, according to […] The post House price growth in Scotland outperforming the rest of Britain appeared first on PropertyWire . Continue reading

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Property price fall in San Jose could be start of cooling markets in the US

The first interest rate rise in the United States for a year could hit the housing market in California where there are already signs of the real estate sector cooling, new research suggests. The property market in California have been regarded as overheating for a while with house prices falling in some locations such as […] The post Property price fall in San Jose could be start of cooling markets in the US appeared first on PropertyWire . Continue reading

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