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Rents set to continue upwards in the US, led by tech hubs in the West

Residential rents across the United States are forecasted to rise 1.7% over the next year, the same rate of appreciation as the past 12 months, according to the latest real estate analysis report. Rents will rise in 34 of the 35 largest US metros, although 11 of the 35 are expected to report slower growth, […] The post Rents set to continue upwards in the US, led by tech hubs in the West appeared first on PropertyWire . Continue reading

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UK sees first time buyer mortgages rise as buy to let slows

Home owners in the UK borrowed £12.2 billion for house purchases in August, up 14% month on month and 11% year on year, according to the latest data. They took out 66,000 loans, up 13% on July and 9% on August 2015, the figures from the Council of Mortgage Lenders (CML) show as house purchase […] The post UK sees first time buyer mortgages rise as buy to let slows appeared first on PropertyWire . Continue reading

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Average property in UK is eight times the average wage, new research shows

The average UK house price is eight times the average wage with the majority of least affordable areas in London, new research has found. Indeed, in London the average price of a home is 14 times the average wage, according to research from eMoov with data compiled from all London boroughs and each area across […] The post Average property in UK is eight times the average wage, new research shows appeared first on PropertyWire . Continue reading

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