Property News
More first time buyers boost existing home sales in the US
Property Wire - 27 Jul 2016 18:06
Boosted by a greater share of sales to first time buyers not seen in nearly four years, existing home sales in the United States maintained their upward trend in June and increased for the fourth month in a row. Only the...
Brexit analysis shows vote has affected UK prices and sales
Property Wire - 27 Jul 2016 17:36
Overall, both property prices and sales in the UK have fallen by around 8% since the referendum decision to leave the European Union, but there are wide regional variations. London, the Home Counties and Northern Ireland...
Pending home sales eked out 0.2% gain in June
CNBC - 27 Jul 2016 16:00
A big bump higher in June home sales failed to materialize as expected, because buyers were met with little supply of listings.
Sales up almost 5% in Scotland but prices down
Property Wire - 27 Jul 2016 13:23
Property sales in Scotland increased by almost 5% year on year in the second quarter of 2016 but prices have fallen by 2.3% over the same period, according to the latest official data to be published. Sales were up 4.9% ...
Mortgage applications to buy and refinance drop 11%
CNBC - 27 Jul 2016 13:01
Interest rates are rising and so are home prices. That is putting pressure on borrowers and buyers alike.
Buy to let mortgage arrears in UK set to keep falling
Property Wire - 27 Jul 2016 09:32
Buy to let mortgage arrears in the UK are set to fall below 7,000 by the end of the year as landlords are confident and lenders have no reason to feel differently due to Brexit. The forecast from complex buy to let, comm...
Call for funding changes for more homes to rent in UK
Property Wire - 27 Jul 2016 08:12
New UK housing minister Gavin Barwell is being urged by property industry commentators to support the building of more new homes to rent by relaxing the rules around public funding in the sector. The appeal has been laun...