markets

Property prices and sales continue to rise in Canada despite mortgage changes

Tighter mortgage criteria in Canada does not seem to be impacting the nation’s property market yet with sales and prices continuing to rise. The new rules only came into play in the middle of October so the effect is more likely to show in the coming months and could affect first time buyers the most, […] The post Property prices and sales continue to rise in Canada despite mortgage changes appeared first on PropertyWire . Continue reading

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Home lending industry in UK facing challenges from age and need for innovation

Home lenders in the UK face challenges from the country’s aging population with demand for mortgages past retirement age set to rise and needs to be ready to cope with innovation, the annual industry meeting was told. The Council of Mortgage Lenders’ annual conference in London heard that carrying debt into retirement is a relatively […] The post Home lending industry in UK facing challenges from age and need for innovation appeared first on PropertyWire . Continue reading

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First time buyers often rent as it takes so long to find a home to buy in the US

First time buyers in the US consider renting while they find their dream home as it can take so long to get on the housing ladder, new research suggests. The housing market is currently so competitive that it takes more than 17 weeks to find a new home to buy but data from real estate […] The post First time buyers often rent as it takes so long to find a home to buy in the US appeared first on PropertyWire . Continue reading

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