Tag Archives: market

International economic think tank calls on UK to build homes on green belt

It is well known that there is a shortage of housing in the UK and now the world’s leading economic think tank has written a report calling for more homes to be built. The Organisation for Economic Co-operation and Development (OECD) says lack of housing is holding back Britain’s growth and it believes that planning […] The post International economic think tank calls on UK to build homes on green belt 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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Price rises brings more US home owners out of negative equity but still a drag on the market

There are fewer home owners in the United States underwater on their mortgages, but more than half of those who remain underwater owe at least 20% more than their homes are worth. The depth of negative equity alone will ensure that negative equity will continue to be a drag on the housing market even after […] The post Price rises brings more US home owners out of negative equity but still a drag on the market appeared first on PropertyWire . Continue reading

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