growth

Strong property price growth in Canada creating housing market problems

Canada is facing problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration, according to a new report. The main problem location are Vancouver and Toronto where strong price growth has been spreading to neighbouring centres such as Hamilton and Victoria, says the report from the Canada Mortgage and […] The post Strong property price growth in Canada creating housing market problems appeared first on PropertyWire . Continue reading

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Rents in England and Wales increased by 2.2% in 2016, latest buy to let index shows

Rents across England and Wales increased by 2.2% year on year in December, ending the year higher than they started in most areas, the latest buy to let index shows. They increased the most in the East of England and the South East but in London they ended 2016 just £10 per month higher than […] The post Rents in England and Wales increased by 2.2% in 2016, latest buy to let index shows appeared first on PropertyWire . Continue reading

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London will no longer be the driving force of UK property prices in 2017

House prices in the UK are likely to see a steady rise of 5% in 2017 but London will no longer be the driving force behind property growth, according to a new analysis report. Indeed, the prime central London property market is expected to be static during the year and could even see prices fall […] The post London will no longer be the driving force of UK property prices in 2017 appeared first on PropertyWire . Continue reading

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