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Home buyers in England and Wales pay 7.6 times earnings for a home

On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading

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Property market in Ireland saw prices soar at the start of the year

Property prices in Ireland increased by 7.9% in the year to January 2017, well above the 5.6% recorded in the previous 12 month period, the latest official figures show. Prices have been rising more outside of Dublin, with an increase of 11.3% year on year, according to the data from Central Statistics Office (CSO) with […] The post Property market in Ireland saw prices soar at the start of the year appeared first on PropertyWire . Continue reading

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Regional property markets in New Zealand outpaced Auckland in February

Property prices in two out of 12 regions in New Zealand hit new record high median sale prices in February 2017 as Auckland was outpaced, the latest index shows. Central Otago Lakes recorded the largest percentage increase in median price compared to February 2016 at 30%, followed by Northland at 20% and Otago at 18%. […] The post Regional property markets in New Zealand outpaced Auckland in February appeared first on PropertyWire . Continue reading

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