House prices to surge another £50,000 over next five years July 27, 2021 House prices are expected to surge another £50,000 over the next five years, further reducing affordability in the UK property market, according to new forecasts published today. Estate agent Savills predicts house prices will jump nine per cent this year, driven by the extended stamp duty holiday and prospective buyers rushing to purchase larger homes [...]
Demand to buy in London soars thanks to office return September 28, 2021 Demand for homes in London has risen 14 per cent over the last month as Brits rush back to the office. Prospective Londoners appear keener to purchase homes rather than flats, with homes marking an increased demand of 25 per cent compared to a six per cent boost for flats. Average UK house prices have [...]
UK house price growth in southern cities hits seven-year low July 30, 2019 House prices in the UK’s southern cities grew at their slowest rate in seven years last month, according to new data released this morning. Average house price growth across southern cities is running at the lowest level recorded since January 2012, Zoopla has found, with values rising by just 0.7 per cent over the 12 [...]
Housebuilders concerned over rising material costs November 8, 2021 Housebuilders are wrangling with supply chain disruption and rising material costs with the delivery of new homes under threat. 61 per cent of builders said these factors were the biggest obstacles adding pressure to their bottom line, in a survey of more than 50 English housebuilders by property consultancy Knight Frank. Concerns are also mounting [...]
UK house prices: Growth falls to four-month low in June July 2, 2019 UK house prices remained “subdued” in June, new figures showed today as the cost of buying continued to fall in London and the south east. The price of a UK home grew 0.5 per cent year-on-year over the month, lower than May’s 0.6 per cent growth. The rate was the worst since February’s 0.4 per [...]
UK house prices jump 7.4 per cent in a year October 7, 2021 Buying a home costs an average of 7.4 per cent more than it did a year ago with monthly prices rising at the highest rate for over a decade. In September the average UK home cost £267,587, up from £249,122 a year ago and a jump of 1.7 per cent compared to the previous month, [...]
House prices: Property market slowdown good for long term stability July 14, 2021 Long-term stability in the housing market could be on the cards thanks to a gradual slowdown in house price growth and easing of government support, according to industry observers. Figures published by both Zoopla and Rightmove show that, although house prices are still outperforming the same period in 2019, growth compared with April and May [...]
Halifax: House prices stagnate in April as affordability issues push buyers towards flats May 7, 2024 The outlook for the housing market is mixed, although the latest figures from Halifax show prices have been rising.
London house prices increase 2.2 per cent September 15, 2021 London has marked the lowest annual house prices growth across the UK while UK average prices returned to levels seen earlier this year. Figures from the Office for National Statistics show that average prices in the capital increased by 2.2 per cent over the year to July 2021, down from 5.1 per cent in June. [...]
UK home sellers overprice their properties by as much as 21 per cent in wake of stamp duty holiday February 24, 2022 Rightmove revealed yesterday that asking prices saw their biggest monthly increase in over 20 years. Despite a property market boom, the gap between the asking price expectations of the nation’s sellers and what buyers are willing to pay is as big as 21 per cent in some areas of the market, according to data shared [...]