Developer, Wates Residential, has started work on the first 192 homes that form part of a flagship council development programme in Cardiff.
The gap between earnings and the affordability of homes in England and Wales is “extremely worrying”, according to one reaction to the latest figures from the Office for National Statistics (ONS).
House prices grew at their fastest pace for 12 months in February, with average prices increasing 0.6%, double the rate in January, according to the latest house price index from LSL Property Services and Acadata.
Councils are forking out £2 million a day on temporary accommodation for homeless families because of a “chronic” lack of affordable housing, new research by the Local Government Association (LGA) claims.
First-time buyers in Wales borrowed £480 million in the fourth quarter of 2016 according to the latest figures from the Council of Mortgage Lenders (CML).
Landlords enjoyed a good start to 2017, according to the latest Your Move Buy-to-Let Index for England and Wales, with rents showing growth in all but one region, though yields continue to vary.
Right to Buy is to be suspended in Flintshire for five years to ensure social housing is available for those who need it, First Minister Carwyn Jones has announced.