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House prices will fall 2% this year – OBR

The Office of Budget Responsibility (OBR) has released its Spring Budget forecast, predicting a 2% drop in house prices this year.
And the OBR admits in its briefing papers that the cut in Capital Gains Tax IS aimed at reducing the number of landlords…

UK house prices rise for fifth consecutive month

UK house prices have risen for the fifth consecutive month, rising by 0.4% in February, Halifax reveals.
The rise is equivalent to £1,091 in cash terms and the average house price is now £291,699.
House prices are 1.7% higher than a year ago

Housing market rebounds in February as prices rise by 1.2%

The UK’s housing market showed further signs of recovery in February, as house prices increased by 1.2% year-on-year, according to Nationwide.
This was the first positive annual change since January 2023, when prices fell by 0.2%.
On a monthly basis

UK’s housing market shows resilience as sales surge

The UK’s housing market has demonstrated remarkable resilience, defying price trends and continuing its upward trajectory, one house price index reveals.
Property website Zoopla says it is forecasting a substantial 10% surge in total home sales t…

UK’s housing market shows resilience as sales surge

The UK’s housing market has demonstrated remarkable resilience, defying price trends and continuing its upward trajectory, one house price index reveals.
Property website Zoopla says it is forecasting a substantial 10% surge in total home sales t…

UK house prices defied crash predictions in 2023, new data shows

Despite predictions of a UK house price crash in 2023, new data shows that prices were resilient.
The UK house price index from the estate agents Yopa reveals how the property market fared despite the cost-of-living crisis and higher interest rates.

Housing market rebounds as buyers return

The UK’s housing market showed signs of recovery in January as lower mortgage rates encouraged more buyers to resume their property search.
That’s according to Hamptons, who say that the search is being led by first-time buyers and second-s…

London property beats most investments in 10-year returns, Foxtons says

Foxtons has revealed that the capital’s residential property market has delivered one of the best returns over the last 10 years, second only to Bitcoin and gold.
The lettings and estate agents compared the performance of London property with nin…

Scottish house prices soar while UK average falls

Scotland outperformed the rest of the UK in the property market in 2023, with a 4.2% increase in house prices, while the UK average fell by £740, according to one property firm.
DJ Alexander Ltd, Scotland’s largest lettings and estate agency

Some London boroughs see £230,000 wiped off the average house price

Just six London boroughs managed to register an increase in house prices in 2023, while the rest faced a drop, especially in the prime market, research reveals.
A new report by Benham and Reeves, based on the latest data from the Land Registry

Home sellers and buyers return to the market – Zoopla

Lower mortgage rates and a backlog of demand from the last six months of 2023, which has continued into February, has seen the UK’s housing market begin the year with strong momentum, Zoopla reveals.
The property platform says there is 11% more b…

Housing market is showing signs of recovery as prices and sales edge up

The UK’s housing market is showing signs of recovery, with prices rising slightly and sales surging, according to a report by Rightmove.
The property website said that the average asking price for a new seller increased by 0.9% (+£3,091) this mon…

Property market ended 2023 on a positive note

The UK’s housing market showed signs of recovery in December 2023, as house price falls slowed down and new-build values soared, according to the latest data from the Office for National Statistics (ONS).
The ONS reports that the average house pr…

Mixed signals in property market as signs of recovery emerge

Annual house prices in England and Wales fell slightly in January, according to the latest e.surv house price index.
However, according to the data monthly house prices have seen a small increase.
E.surv says average house prices in England &

UK housing market continues to improve but rent growth slows

The UK housing market showed further signs of recovery in January 2024, according to the latest survey by the Royal Institution of Chartered Surveyors (RICS).
The survey, which covers various aspects of the residential market, revealed that all key ind…

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