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June 30, 2009

Nationwide: House prices up 0.9% in June

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by Kay Murchie

Nationwide: House prices up 0.9% in June
For the third time in the last four months, UK house prices have risen according to the latest survey from the Nationwide building society. According to the building society, house prices crept up by 0.9% in June and take the ...

June 29, 2009

Hometrack: House prices ‘hold steady’

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by Kay Murchie

Hometrack: House prices ‘hold steady’
Housing intelligence group, Hometrack, has today reported that house prices in England and Wales held steady for the second consecutive month in June. According to the group, strong demand from buyers is continuing to outstrip the shortage of houses on the market. The group ...

June 26, 2009

Land Registry reveals further dip in house prices in May

Permalink: Land Registry reveals further dip in house prices in May
by Kay Murchie

Land Registry reveals further dip in house prices in May
According to figures from the Land Registry, house prices dipped by 0.2% in May in England and Wales and follows the slight fall of 0.3% in April. The Land Registry puts the average home at £152,497 and puts ...

June 22, 2009

Rightmove: Homeowners becoming more realistic with selling prices

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by Kay Murchie

Rightmove: Homeowners becoming more realistic with selling prices
Property website Rightmove has today revealed that asking prices dropped by 0.4% in June bringing an end to the four consecutive monthly rises. The asking price for the average home fell by over £1,000 to £226,436 but the group highlighted ...

June 18, 2009

First-time buyers making a comeback

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by Kay Murchie

First-time buyers making a comeback
According to the National Association of Estate Agents (NAEA) first-time buyers appear to be returning to the property market. The NAEA said estate agents had an average 300 househunters registered with them last month - a level not seen since the market peaked ...

June 9, 2009

DCLG reports 1.1% rise in house prices in April

Permalink: DCLG reports 1.1% rise in house prices in April
by Kay Murchie

DCLG reports 1.1% rise in house prices in April
The Department of Communities and Local Government (DCLG) has reported today that UK house prices climbed by 1.1% in April. This means the annual rate of fall has eased to 13% and puts the average UK property at £189,215, ...


Rics: New buyer enquiries up for seventh consecutive month

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by Kay Murchie

Rics: New buyer enquiries up for seventh consecutive month
There is further evidence of a recovery in the housing market today after the Royal Institution of Chartered Surveyors (Rics) reported that new buyer enquiries rose for the seventh consecutive month in May, while completed sales were at ...

June 4, 2009

Halifax: House prices in biggest monthly rise since 2002

Permalink: Halifax: House prices in biggest monthly rise since 2002
by Kay Murchie

Halifax: House prices in biggest monthly rise since 2002
The latest survey from the Halifax has revealed that UK house prices have experienced their biggest rise since October 2002. According to the lender, which is now part of the Lloyds Banking Group, house prices were up 2.6% in ...

June 2, 2009

BoE: Mortgage approvals up for third consecutive month

Permalink: BoE: Mortgage approvals up for third consecutive month
by Kay Murchie

BoE: Mortgage approvals up for third consecutive month
According to figures released by the Bank of England today, the number of mortgages approved for house purchase in the UK rose for the third consecutive month in April, up from 40,038 in March to 43,201. While the number of ...

June 1, 2009

Land Registry reports 0.3% fall in house prices in April

Permalink: Land Registry reports 0.3% fall in house prices in April
by Kay Murchie

Land Registry reports 0.3% fall in house prices in April
According to the Land Registry, house prices fell by 0.3% in April in England and Wales and follows on from a 0.2% fall the previous month, and takes the annual rate of decline to 16.2%. The Land Registry ...


Hometrack: House prices steady in May

Permalink: Hometrack: House prices steady in May
by Kay Murchie

Hometrack: House prices steady in May
According to Hometrack, the housing intelligence firm, after 20 months of price falls, house prices remained unchanged in May. The group said the average cost of a home in England and Wales remained stable during May, with just 13% of postcode districts ...

May 29, 2009

Nationwide: House prices up 1.2% in May

Permalink: Nationwide: House prices up 1.2% in May
by Kay Murchie

Nationwide: House prices up 1.2% in May
There are further signs of recovery today in the housing market after the Nationwide has reported a rise in prices of 1.2% in May, compared with April. This takes the average price of a home to £154,016. The Nationwide said house ...

May 26, 2009

Jones Lang LaSalle predict further falls in house prices

Permalink: Jones Lang LaSalle predict further falls in house prices
by Kay Murchie

Jones Lang LaSalle predict further falls in house prices
According to Jones Lang LaSalle, house prices in the UK could fall a further 12-14% during the remainder of the year and a further 1-3% next year. The outlook is even worse for central London with the organisation predicting ...

May 18, 2009

Confidence returning as property sales highest since October 2007

Permalink: Confidence returning as property sales highest since October 2007
by Kay Murchie

Confidence returning as property sales highest since October 2007
There is further evidence out today that the housing market may be recovering after the National Association of Estate Agents (NAEA) reported that property sales in April were at their highest since October 2007. According to the NAEA, the ...


Optimism among vendors sees asking prices up 2.4% in May

Permalink: Optimism among vendors sees asking prices up 2.4% in May
by Kay Murchie

Optimism among vendors sees asking prices up 2.4% in May
Property website Rightmove has revealed that property asking prices are up for the fourth month in a row, up by 2.4%. According to Rightmove, the average asking price of a home increased by £5,000 to £227,441, during ...

May 12, 2009

New buyer enquiries continue to rise say Rics

Permalink: New buyer enquiries continue to rise say Rics
by Kay Murchie

New buyer enquiries continue to rise say Rics
The Royal Institution of Chartered Surveyors (Rics) said today that new buyer enquiries continued to rise in April - the sixth consecutive monthly rise and the fastest pace since August 1999. Meanwhile, house prices in England and Wales fell ...

May 11, 2009

Village life threatened due to lack of affordable housing

Permalink: Village life threatened due to lack of affordable housing
by Kay Murchie

Village life threatened due to lack of affordable housing
Research carried out by the National Housing Federation (NHF) has revealed that a lack of affordable housing in the countryside could result in a mass exodus. The NHF suggests that over the next three years, over 100,000 ...

May 6, 2009

Halifax: House prices fall 1.7% in April

Permalink: Halifax: House prices fall 1.7% in April
by Kay Murchie

Halifax: House prices fall 1.7% in April
In the latest survey of house prices, the Halifax has reported that house prices fell by a further 1.7% in April. The report comes just a week after the Nationwide said house prices fell by 0.4% in April. According to the Halifax, ...

May 5, 2009

Halifax reveals improvement in affordability for first-time buyers

Permalink: Halifax reveals improvement in affordability for first-time buyers
by Kay Murchie

Halifax reveals improvement in affordability for first-time buyers
The latest Halifax FTB Affordability Review has revealed that housing affordability for potential first-time buyers (FTBs) is at its lowest level in over six years. Since the market peaked in 2007, affordability has more than trebled with houses deemed “affordable” ...

May 4, 2009

CEBR predicts 28% fall in house prices before bottoming out

Permalink: CEBR predicts 28% fall in house prices before bottoming out
by Kay Murchie

CEBR predicts 28% fall in house prices before bottoming out
According to the Centre for Economics and Business Research (CEBR), house prices have about a further 8% to fall before bottoming out. The thinktank is predicting that prices will reach their trough in early 2010 and will see ...