February 27, 2012
February saw a marked improvement in housing market conditions in England and Wales, according to Hometrack, with the number of buyers registering with estate agents up 18%, compared to January.
Activity levels were boosted by first-time buyers looking to complete before the ...
February bounce in housing market activity
Permalink: February bounce in housing market activity
by Gill Montia
February 23, 2012
In a new report, the Bank of England notes a "modest" increase in housing market activity since the start of the year, beyond what was expected.
However, according to the Bank's agent contacts, the market has been catching-up ...
Housing market horizons end with stamp duty concession
Permalink: Housing market horizons end with stamp duty concession
by Gill Montia
February 20, 2012
New sellers increased average asking prices by 4.1% (to £233,252) in February, according to Rightmove.
The monthly surge was the strongest since April 2002, as sellers remained scarce.
There was also evidence of increasing housing market confidence, backed by a rise in the number ...
Asking price leap 4%
Permalink: Asking price leap 4%
by Gill Montia
February 14, 2012
House sales edged up slightly in January, as first-time buyers looked to beat the stamp duty concession, which ends next month.
According to the latest poll by the Royal Institution of Chartered Surveyors (RICS), 12% more respondents reported rises, rather than falls, ...
House sales edge up in January
Permalink: House sales edge up in January
by Gill Montia
February 11, 2012
House prices in England and Wales slipped 0.2% in January, according to the LSL/Acadametrics index, with the annual rate of decline standing at 1.4% (December -0.9%).
At £218,992, the value of the typical home fell for the third consecutive month, dropping more ...
House prices slip again in January
Permalink: House prices slip again in January
by Gill Montia
February 7, 2012
Nearly a third of Britons think that UK house prices will rise rather than fall in 2012, according to the latest Halifax Housing Market Confidence tracker.
With only 22% of respondents expecting house price declines, the lender's outlook balance has moved ...
Britons optimistic on 2012 house price rises
Permalink: Britons optimistic on 2012 house price rises
by Gill Montia
February 6, 2012
Halifax has provided a welcome boost to the UK housing market, having worked out that the value of the average home rose 0.6% in January, to £160,907.
The increase is only the second in the past six months and left January also ...
House prices up 0.6% in January
Permalink: House prices up 0.6% in January
by Gill Montia
February 1, 2012
UK house prices slipped by 0.2% in January, according to Nationwide, with the annual rise pared down to 0.6% (December 1%).
The value of the typical home currently stands at £162,228 but the lender is not surprised by the soft start to 2012 ...
Nationwide: house prices slip 0.2%
Permalink: Nationwide: house prices slip 0.2%
by Gill Montia
January 31, 2012
December figures from the Land Registry show house prices in England and Wales down 1.3% on the year, to an average £160,384.
Overall, there was no monthly change from November to December, although the North West experienced an impressive rise (+1.5%) ...
House prices down 1.3% over 2011
Permalink: House prices down 1.3% over 2011
by Gill Montia
January 30, 2012
Buying a home in Scotland is cheaper than renting, according to Bank of Scotland.
For a three-bedroom house, the typical mortgage payment in the region amounted to £510 in December, or 6% less than the monthly rent of £540 for the same ...
Buying 6% cheaper than renting
Permalink: Buying 6% cheaper than renting
by Gill Montia
January 28, 2012
The cost of moving house in the UK has risen at a faster rate than house prices over the past decade, according to new research by Lloyds TSB.
Since 2001, house prices have jumped 64% whereas the average cost of ...
Moving costs rise faster than house prices
Permalink: Moving costs rise faster than house prices
by Gill Montia
January 20, 2012
The Knight Frank/Markit house price sentiment index remained steady in January with some 19% of households questioned saying the value of their home had fallen since December, and around 5% reporting a rise.
The resulting house price sentiment index of 43.2 is down ...
House price sentiment steady
Permalink: House price sentiment steady
by Gill Montia
January 16, 2012
Early indications from Rightmove suggest strong interest from potential home buyers in 2012, despite the lack of mortgage finance.
Search activity on the property portal shot up 27% in the first 10 days of January, compared with a year earlier.
However, the supply ...
Sharp rise in home buyer interest
Permalink: Sharp rise in home buyer interest
by Gill Montia
January 13, 2012
House prices in England and Wales rose 0.2% during December, to an average £220,385, but fell 0.5% annually.
According to the latest LSL/Acadametrics index, London property prices ended the year 3.1% higher, with Wales the only other region to show annual house price ...
House prices show “remarkable resilience”
Permalink: House prices show “remarkable resilience”
by Gill Montia
January 10, 2012
UK house sales remained steady in December, despite a rise in the amount of new stock coming to market and no signs of a revival in mortgage lending.
According to the latest housing market survey from the Royal Institution of Chartered Surveyors ...
House sales steady but prices fall
Permalink: House sales steady but prices fall
by Gill Montia
January 6, 2012
House prices in the final quarter of 2011 were 0.1% lower than in the previous quarter, according to Halifax.
The value of the typical home slipped 0.9% between November and December, to £160,063, but modest increases earlier in the year meant prices ...
2011 shaves 1.3% off house prices
Permalink: 2011 shaves 1.3% off house prices
by Gill Montia
January 3, 2012
Nine out of 13 regions in the UK recorded house price rises in 2011, with London the best-performing region (+5.4%) and Northern Ireland the worst-performing region (-8.9%).
According to Nationwide, prices in Scotland are down 0.8% on the year, having ...
Annual house price rises for majority of UK
Permalink: Annual house price rises for majority of UK
by Gill Montia
December 13, 2011
The UK housing market saw an increase in buyer demand in November, according to latest research from the Royal Institution of Chartered Surveyors (RICS).
Newly-agreed sales rose as a result, with 14% more respondents reporting sales increasing rather than decreasing, up from ...
RICS: buyer demand and sales rise
Permalink: RICS: buyer demand and sales rise
by Gill Montia
Halifax: 2012 house price forecast
Permalink: Halifax: 2012 house price forecast
by Gill Montia
December 10, 2011
House prices in England and Wales held steady in November, with no change on a month earlier and prices down 0.7% on the year, at an average £220,043.
According to the LSL/Acadametrics index, the only region recording annual price growth is ...
Housing market ends 2011 better than expected
Permalink: Housing market ends 2011 better than expected
by Gill Montia