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Moving out of London could save 60% or £450,000 on cost of average home

People working in London could save themselves almost £450,000 or 60% on the cost of a home if they moved to live outside of the city and commute daily for an hour each way, according to new research. The study shows that average house prices drop by 60% from £741,919 in central London to £294,903 […] The post Moving out of London could save 60% or £450,000 on cost of average home appeared first on PropertyWire . Continue reading

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US home sales down for second month in a row, latest data shows

Existing home sales in the United States unexpectedly slowed in August for the second consecutive month despite mortgage rates near record lows, the latest index data shows. Higher home prices and not enough inventory for sale have kept some would-be buyers at bay, according to the index report from the National Association of Realtors. It […] The post US home sales down for second month in a row, latest data shows appeared first on PropertyWire . Continue reading

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UK house price sentiment bounces back post Brexit

House price sentiment in the UK has bounced back with households across the country believing that prices increased in August, according to the latest index to be published. Households in London perceived the biggest price growth in September, followed by the South East and East of England but respondents in all 11 regions were positive, […] The post UK house price sentiment bounces back post Brexit appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in affordable, age, Brexit, building, buy, Buy to Let, Buyers, buying, Cities, confidence, data, Demand, England, Europe, first time buyer, first time buyers, global, government, growth, home, home owners, homes, houses, Housing, housing market, Index, Investment, investments, land, land owners, Landlords, Lending, Location, London, market, mortgage, mortgages, move, new, new home, New Homes, News, office, ONS, owners, Planning, policy, prices, pries, prime, Property, property market, purchase, recovery, referendum, regional, rent, research, Residential, sales, sentiment, Shows, Supply, survey, Taylor Scott International, tenancy, Tenants, Transactions, TSI, Uk, US, USE, Values | Tagged , , , , , , , , | Comments Off on UK house price sentiment bounces back post Brexit