December 6, 2011
UK house prices slipped 0.6% in the three months to November, compared with the previous quarter, according to the latest Halifax index.
On an annual basis, the value of the typical home was down 1% (October -1.8%).
However, the three month ...
House prices down 1% on the year
Permalink: House prices down 1% on the year
by Gill Montia
December 5, 2011
The UK's first-time buyers need anything between 10 and 19 years to save up for a deposit.
The plight of would-be homeowners has been highlighted by InvestorBee, which has produced some pretty extensive research demonstrating the level of dedication needed ...
UK house prices need to fall further
Permalink: UK house prices need to fall further
by Gill Montia
December 3, 2011
UK homes built before 1919 have seen the largest surge in price over the past 25 years, according to new research from Halifax.
Having put on an average 461% (or £516 per month) over the period, dwellings constructed before the end of The ...
Pre-1919 homes outperform the market
Permalink: Pre-1919 homes outperform the market
by Gill Montia
December 1, 2011
UK house prices are expected to end the year 0.9% down, according to the Office for Budget Responsibility, and show a further decline of 0.2% in 2012.
However, the independent analyst has lined up average house price gains of 1.9% in 2013; ...
Steady house price rises from 2013
Permalink: Steady house price rises from 2013
by Gill Montia
November 29, 2011
UK house prices increased by 0.4% in November, taking the annual rate of growth to 1.6% (up from 0.8% in October), according to Nationwide.
At £165,798, the value of a typical home has remained "surprisingly resilient" given the bleak ...
House prices up 1.6% on the year
Permalink: House prices up 1.6% on the year
by Gill Montia
Housing turnover lowest in 40 years
Permalink: Housing turnover lowest in 40 years
by Gill Montia
November 28, 2011
The Land Registry's latest house price index shows the value of the typical home in England and Wales falling 3.2% in the 12 months to the end of October, to £159,999.
The annual rate of decline accelerated from minus 2.6% in ...
Land Registry: house prices down 3.2%
Permalink: Land Registry: house prices down 3.2%
by Gill Montia
November 26, 2011
Sales to first-time buyers fell to their lowest level in almost three years during October, according to the National Association of Estate Agents (NAEA).
During the month, only 16% of transactions involved those new to home ownership, compared with 22% in September.
The last time ...
First-time buyer numbers fall
Permalink: First-time buyer numbers fall
by Gill Montia
November 24, 2011
Backed by some grim statistics, a member of the Bank of England's Monetary Policy Committee (MPC) is arguing that the UK housing market is transforming rather than adjusting, and is unlikely to return to its former glory.
Addressing the Northern Housing ...
UK housing market unlikely to recover
Permalink: UK housing market unlikely to recover
by Gill Montia
November 21, 2011
The average asking price of a property coming to market has tumbled 3.1% (£7,528) in November, compared with a month earlier, marking the largest fall in cash terms since December 2007.
According to Rightmove, 70% of home-movers believe now is a bad ...
Asking prices tumble on economic uncertainty
Permalink: Asking prices tumble on economic uncertainty
by Gill Montia
November 17, 2011
House prices in Scotland rose for the third consecutive month in September, putting on 0.8% and easing the annual rate of decline to minus 1.5% (August: minus 1.9%).
According to the latest LSL/Acadametrics survey, the average house price in the country rose to ...
Scottish house prices forge ahead
Permalink: Scottish house prices forge ahead
by Gill Montia
November 16, 2011
Latest figures from the Department for Communities and Local Government (DCLG) show UK house prices falling 1.4% over the year to September (August -1.3%).
During the month, the value of the typical home slipped 0.7% to £207,326, with the figure 6.2% ...
House prices down 1.4% on the year
Permalink: House prices down 1.4% on the year
by Gill Montia
November 14, 2011
The average price of a house in one of England's market towns has risen by 103% over the past decade, from £114,718 in 2001 to £233,416 today.
According to research from Lloyds TSB, market town homes have been putting on an average ...
Market town house prices defy downturn
Permalink: Market town house prices defy downturn
by Gill Montia
November 12, 2011
House prices in England and Wales rose 0.2% in October, to an average £220,056, according to the latest LSL/Acadametrics survey.
However, the value of the typical home was down 1.3% on the year and the research also highlights the development ...
London masks price falls as activity seizes up
Permalink: London masks price falls as activity seizes up
by Gill Montia
November 11, 2011
Savills is predicting that rents will rise significantly more than house prices over the next five years, on the back of rising demand from those locked out of, or lacking confidence in, the UK housing market.
According to the real estate ...
Savills predicts 20% rise in private rents
Permalink: Savills predicts 20% rise in private rents
by Gill Montia
November 8, 2011
The UK housing market saw a rise in activity during October, with sales increasing and demand edging up, according to the latest survey from the Royal Institution of Chartered Surveyors (RICS).
Eight per cent more surveyors reported a rise in newly-agreed sales ...
RICS: sales increase as prices slip
Permalink: RICS: sales increase as prices slip
by Gill Montia
November 7, 2011
UK house prices increased by 1.2% during October, according to Halifax (September -0.5%), with the mixed pattern of monthly price movements seen since the beginning of the year continuing.
At £163,311, the value of the typical UK home was down 1.8% on an ...
October house prices up 1.2%
Permalink: October house prices up 1.2%
by Gill Montia
November 2, 2011
More people expect house prices to fall rather than rise over the next year, according to the latest housing market confidence index from Halifax.
Thirty per cent of respondents were downcast over the prospects for the next twelve months, compared with 28% expecting ...
Housing market confidence slips
Permalink: Housing market confidence slips
by Gill Montia
November 1, 2011
UK house prices returned to annual growth in October, for the first time in six months.
According to Nationwide, the value of the typical dwelling rose by 0.4% during the month, to £165,650, with the figure up 0.8% on a year earlier.
The lender ...
House prices achieve annual growth
Permalink: House prices achieve annual growth
by Gill Montia
October 30, 2011
September figures from the Land Registry show house prices in England and Wales falling by 0.3% between August and September.
At 2.6%, the annual rate of decline has remained much the same for the past five months, with the value of the ...
Land Registry: house prices down 2.6%
Permalink: Land Registry: house prices down 2.6%
by Gill Montia