Economy

House prices up by one per cent in 2011

Property prices ‘resilient in 2011’

The cost of the average British home ended 2011 one per cent higher than the previous year, latest figures from Nationwide Building Society reveal. A typical house is now worth around £163,822, the index shows.

Property prices 'to fall by 3% across the UK'

Property sales to rise, but house prices to fall in 2012

House prices are set to fall next year as the fragile economic outlook continues, research suggests. According to the RICS Housing Market Forecast published today, headline price levels could drop by around three per cent across the UK.

Third of Brits expect house prices to rise

Confidence in housing market ‘stable’ despite economic gloom

Consumer confidence in the property market remains solid despite the uncertain economic outlook, according to a new survey. Some 44 per cent of people polled felt now was a good time to buy a home, compared with 25 per cent who did not.

Repossessions could rise next year, says CML

Mortgage lending forecasts revised down

The Council of Mortgage Lenders has cut its gross mortgage lending forecasts for this year and next year. In a report published today, it also predicts a rise in the number of repossessions in the coming year.

Average house price 'is £165,798'

House prices up by 0.4% says Nationwide

UK property prices have risen by 0.4 per cent this month to stand at around £165,798, latest figures indicate. Nationwide Building Society's index showed that the annual rate of growth is now 1.6 per cent.

Housing market activity 'increased in October'

Increase in UK housing market activity

Activity in the housing market perked up last month, with a rise in both sales levels and property demand, research from the Royal Institution of Chartered Surveyors suggests. Demand was strongest in the North West and South East.

House prices went up 1.2 per cent last month

Property prices up by 1.2% in October, says Halifax

The cost of a home in the UK went up by 1.2 per cent last month, according to data from the Halifax. According to the lender’s latest house price index, the average house is now worth in the region of £163,311.

Housing supply took a dip last month

Economic uncertainty prompts sellers to stay put

The number of Brits putting their homes on the market dipped last month amid fears over the economy. RICS said more surveyors reported a fall in housing supply than an increase, as house prices also continued downwards.

Economic uncertainty hitting house sales

Property sales slump to a 26 month low

The UK's housing market remained subdued during August, as economic uncertainty and lack of mortgage finance took its toll on property sales, according to the the Royal Institution of Chartered Surveyors.

House prices down by 0.6 per cent, index shows

Average UK house price ‘is now £165,914’

The cost of a typical UK house fell by 0.6 per cent in August, bringing the average price to around £165,914, latest figures reveal. Nationwide said prices are also slightly lower than the same time last year.

House prices have risen since January

UK property prices 'up 2.6% since January'

Britain's homeowners have seen their properties rise in value by 2.6 per cent since the start of the year, figures from Zoopla.co.uk indicate. An average home now costs £216,260, up by £5,478 in the past six months.

Property market 'looking subdued'

Housing market still at a stalemate, says RICS

The property market faced a stalemate last month as supply of new property dwindled and demand remained flat, according to the latest housing market report from the Royal Institution of Chartered Surveyors.

Average house 'is currently worth £160,519'

Property prices rise 0.1% but trend still pointing downwards

House prices inched up by 0.1 per cent in May to £160,519, but fell by 1.2 per cent over the quarter, new figures from the Halifax indicate. The lender's index also shows that average property values fell by 4.2 per cent from the previous year.

Buyer interest varied from region to region

Strong regional divide in housing market, say surveyors

There were striking regional variations in the housing market during March, amid low sales levels and falling demand, according to the latest figures from the Royal Institution of Chartered Surveyors.

House prices 'rose by 0.5 per cent in March'

Average cost of a home rises 0.5% to £164,751 says Nationwide

Property prices rose by 0.5 per cent during March, Nationwide has announced. According to its latest index, published today, the average cost of a home in Britain is now £164,751, up from February's figure of £161,183.

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