Housing Market
Buyer demand and sales ‘lift in November’Home buyer demand and property sales both experienced a boost in November, new figures reveal. But RICS warned that ongoing economic uncertainty is still holding the property market back from any significant recovery. |
Average house price ‘now £220,043’House prices across England and Wales were at a standstill during November, but have slipped by 0.7 per cent from the same period last year, according to latest data from LSL Property Services and Acadametrics. |
Prices 'fall consecutively for 16 months'House prices have fallen consecutively for the last 16 months, but are only 2.3 per cent down year-on-year, according to a monthly survey. Hometrack claims this demonstrates how the market has adapted to its low turnover, finance-constrained environment of the last three years. |
Property values ‘could go up 15% by 2016’House prices across the UK could increase by up to 15 per cent over the next five years – starting with a 1.6 per cent rise in 2012, a new report claims. But the CEBR also predicts that it might be easier to get a mortgage by 2016. |
Increase in UK housing market activityActivity 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. |
'Annual prices up for first time in 6 months' - NationwideA rise in house prices in October lifted annual growth into positive territory for the first time in six months, according to the latest Nationwide index. The October report showed a 0.4 per cent increase for the month, resulting in a 0.8 per cent rise when compared with the same time last year. |
Confidence in property market has fallen, says HalifaxBritons’ confidence in the housing market has taken a tumble, with more people expecting property prices to fall than rise over the next 12 months, according to a report published today by the Halifax. |
Dip in buyer demand sparks house price dropBuyers are avoiding the housing market amid fears over the economy, according to Hometrack. Analysis shows that average house prices dropped by 0.2 per cent in October compared with falls of 0.1 per cent over each of the previous five months. |
Drop in house prices 'spurs property market activity'Average house prices fell by 0.3 per cent last month to stand at around £218,650, latest figures show. According to data from LSL Property Services, the value of a typical home is 2.3 per cent lower than this time last year. |
Asking prices fall 0.2%, index revealsAverage asking prices for homes on the market in England and Wales have fallen 0.2 per cent since August, according to the latest Home.co.uk index. Figures show a seasonal drop in prices in six out of nine English regions, as well as in Scotland and Wales, in the last month. |
Homebuyers expect discount if purchasing from smokersAs Britain becomes a nation of non-smoking zones, the property market is becoming the latest battleground in the war on smoking, according to new research from property website Globrix.com. The study reveals that 24 per cent of buyers would expect a discount on the property price if there was evidence of a smoker having previously lived there. |
Property prices rise againDespite the doom and gloom the property market is finally on the up, as the latest figures published reveal that house prices have risen for the third successive month. They have increased by 0.6 per cent since June , the highest rise for 12 months. |
UK property market outlook is pessimistic, says RICSLatest figures from RICS paint a gloomy picture for homeowners as property prices are predicted to fall further over the next three months. Surveyors said sellers seem reluctant to enter the market as they don't want to lower their asking price. |
First time buyer numbers 'falling in most parts of the UK'There has been a sharp drop in the number of people looking to get on to the property ladder in the past two years, despite an 11-fold rise in first time buyer mortgage products, according to latest figures. |
UK housing market slows, but its not all doom and gloomThe UK housing market showed further evidence of slowing down according to new figures released by Agency Express’ Property Activity Index. The index analysis concludes that the growing uncertainty surrounding the UK economy and the holiday season have compounded the already fragile nature of the UK housing market. |
How to choose the best estate agent to market your property for saleIf you've made the decision to put your property up for sale, you're likely to want to make sure you find the best estate agency to manage the task thoroughly and work to achieve the best price for your home. |
Number of properties for sale reaches a two year highThe number of houses on the market rose last month to its highest level since April 2009 – but the volume of house hunters fell for the third month running, according to data released today by the NAEA. |
House sales and remortgages up in May, says CMLThe number of loans for house purchase and remortgaging both rose during May, showing further signs of stabilisation in the mortgage market, according to statistics from the Council of Mortgage Lenders. |
Average prices hit '18-month low'The average price of a house in England and Wales has fallen to its lowest level in 18 months, according to a latest index. The LSL Property Services/Academetrics report says prices for June stood at £219,365 – a drop of 0.8 per cent since May. |
UK housing equity injection continues despite dipHouseholds in Britain put more money into their properties than they took out during the first quarter of the year, according to Bank of England data. Borrowers paid £5.8 billion off their mortgages, down from £7.1 billion the previous quarter. |
House prices ‘stable’ in June, says NationwideProperty prices in the UK remained unchanged during June, but are 1.1 per cent lower than at the same time a year ago, according to latest figures from Nationwide. The average cost of a home is now around £168,205, the index shows. |
Annual house prices drop 3.9% as sellers get more realisticProperty prices for June have fallen by 3.9 per cent compared with the same time last year as sellers become more pragmatic about asking prices, new figures indicate. Hometrack said there was a 10.6 per cent jump in the number of sales. |
Housing market has 'deceptive sense of stability'New sellers' asking prices have increased for the sixth consecutive month, up by 0.6 per cent or £1,520 on average and the highest level recorded for June, according to figures published today by Rightmove. |
Homeowners prefer painting to packing in current climateMore than three quarters of people would choose to stay in their present home and renovate, rather than relocate, according to the latest Safestore index. The storage group said homeowners are thinking strategically about the housing market. |
UK housing market stalling, say surveyorsThe latest housing market survey from the Royal Institute of Chartered Surveyors (RICS) has revealed that the UK housing market remained flat throughout May. Fears over external economic pressures and the lack of available mortgage finance continued to weigh down market activity. |
House Price Index
- House price recovery says Nationwide
- London Olympics forecast to stagnate house prices
- House prices for June show improvement
- House prices show improvement as market stabilises
- It’s a seller’s market in some parts of the country
- New build property prices ‘up 7.7% in 12 months’
- House prices ‘down 0.5% in 2011’
- Property prices ‘resilient in 2011’
- Property sales to rise, but house prices to fall in 2012
- Buyer demand and sales ‘lift in November’
Energy Bill
- Investigation into consumer understanding of energy bills
- EDF Energy to cuts gas costs by 5%
- Energy saving tips from ConserveEnergy
- UK fuel poverty hotspots revealed
- Ofgem outlines Smart Meter protection plan
- E.ON energy price rise to kick in tomorrow
- Northerners paying more for home energy
- Families blame each other for energy wastage
- A quarter of UK boilers 'at risk of breaking'
- UK homes braced for biggest ever energy bills
