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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…

New home sellers boost UK property market with price rise

The UK’s property market has seen a surge of new sellers and buyers entering the market in January to boost prices by more than double the 20-year average of +0.6%, Rightmove says.
The property platform adds that the average price of property lis…

Sellers lower prices as housing market cools down

The UK housing market saw a bigger than usual drop in new seller asking prices this month, as sellers became competitive in a more stable and less frenzied market.
According to Rightmove, the average asking price for a newly listed property fell by 1.9…

Buyers get £18k off homes as the market cools down

Buyers are getting an average of £18,000 off the asking price of their next home, according to one house price index.
Zoopla’s report shows that the UK housing market is cooling down as higher mortgage rates dampen demand and more homes for sale…

UK house prices rise in October – but see an annual fall

UK house prices rose by 0.9% in October – but the annual rate of house price growth remained negative at -3.3%, the latest figures from Nationwide reveal.
The average UK house price is still lower than it was a year ago and now stands at £259,423.

House prices rise at slowest pace since 2008

The average asking price of a newly listed home in the UK has increased by just 0.5% (+£1,950) this month to £368,231, according to the latest data from Rightmove.
This is the smallest monthly rise for this time of year since 2008

House price growth slows down – and renters look to buy

Economic headwinds are seeing home sellers cautiously pricing their properties to sell with April’s prices increasing less than expected, Rightmove says.
And record high rents mean that tenants who can afford a deposit and a mortgage are increasi…

Home sellers are forced to slash prices to find buyers

Home sellers are having to slash asking prices in a bid to find a buyer, one house price index reveals.
Zoopla says that home sellers are accepting an average 4.5% discount on the asking price – that’s the highest amount in five years.

Sellers will have to cut prices as buyers ‘wait-and-see’

Home buyers are holding off from entering the market and are now waiting to see if house prices and mortgage rates start to fall, Zoopla’s latest House Price Index reveals.
The platform says that demand for homes has rebounded in the first weeks …

Frustrated sellers decide to rent out in London

Data shows that a significant proportion of the new rental properties coming to London’s rental market had previously been put up for sale – suggesting that sellers are reacting to the slowing sales market by switching to the rental sector …

Record number of sellers leads to a ‘Boxing Day bounce’

The number of new sellers putting their home on the market on Boxing Day leapt by 46% compared with the year before to set a record, Rightmove says.
There was also a big jump in the number of sellers wanting their home valued between Boxing Day and New…

Home sellers cut prices to find a sale

A major house price index says that the UK’s house price inflation is continuing to slow down – leading to property asking prices being slashed.
According to Zoopla, house prices in November rose by 7.2% over 2022 but the slowdown in prices…

Property transactions will plummet by 17% as seasonal slowdown approaches

The UK’s property market could see transactions slide by as much as 17% come spring of next year – and the downward trend could start next month as the market winds down for the Christmas period, one property purchasing specialist says.

Property transactions will plummet by 17% as seasonal slowdown approaches

The UK’s property market could see transactions slide by as much as 17% come spring of next year – and the downward trend could start next month as the market winds down for the Christmas period, one property purchasing specialist says.

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