Archive for the ‘Market News’ category

Rent costs rose in January, says LSL

February 17, 2012

BBC News http://www.bbc.co.uk/news/business-17072921 The cost of renting a home in England and Wales increased in January, a survey has suggested. The average rent rose by 0.1% last month from December, to £712 a month, according to LSL Property Services, which owns Your Move and Reeds Rains. It is the first increase in January that the [...]

BRITISH PROPERTY PRICES FLAT OVERALL IN 2011 but North/South divide in England widens further

January 4, 2012

Average house prices in Britain finished 2011 at £221,331, down a modest £854 (0.23%) from the same time one year ago, according to property valuation website Zoopla.co.uk. Scotland, where average property values now stand at £164,844, outperformed the rest of Britain in 2011, recording an average increase of 6.73%. Average home values fell across England [...]

Moderate house price growth expected in 2012, with wider regional and local variations

December 30, 2011

Moderate house price growth expected in 2012, with wider regional and local variations ·National house price growth of 3% forecast in 2012 ·Regional and local variations set to deepen, with unemployment being the key factor ·New housing supply will remain historically low ·Rents will continue upwards path, increasing by approximately 5% annually ·Mortgage market will [...]

HOUSE PRICES SEE THIRD QUARTER DIP BUT

November 14, 2011

House Price Watch is an analysis of house price data from CLG, LSL Acadametrics, Halifax, Nationwide and Rightmove, giving a comprehensive overview of the UK property market and a more accurate and less volatile picture of house price trends. July-11 Aug-11 Sep-11 Average house price £199,107 £197,384 £197,531 % monthly change 0.1% -0.9% 0.1% % [...]

MAJORITY OF UK HOMEOWNERS PREDICT HOUSE PRICE RISES

November 8, 2011

- 59% of UK homeowners expect house prices to rise over next 6 months – Homeowners predict 2.7% gain in their area but 3.3% gain for their home – Confidence among homeowners in the capital falls for first time in 2011 Confidence in the UK housing market is slightly up on last quarter with three [...]

Stable 2012 will form bedrock for growth in 2013

November 3, 2011

In its Residential Property Forecasts, released 28th October, property consultants Cluttons predicts a stable 2012, with house prices and rents increasing by 3% and 2% respectively. This will form a bedrock for growth with the property market expected to strengthen in the latter part of 2012 and into 2013 onwards as the economic recovery gains [...]

UK house prices see slight rise, Nationwide says

November 1, 2011

House prices increased year-on-year for the first time in six months in October, with a 0.8% rise, the Nationwide Building Society has said. Prices went up by 0.4% in October compared with the previous month, the building society said, making the average home worth £165,650. But it said that the figures failed to shift the [...]

Mixed News For UK Market is Good News For Investors

September 20, 2010

Interesting news today for property investors.   Firstly, Rightmove report that average asking prices fell by 1.1% in September, after falls in the two preceeding months. Please note that this is not the same as values or sales prices. These figures are obviously interesting but I hold the view that a seller can ask whatever they [...]

JULY 2010: ANNUAL HOUSE PRICE GROWTH OF 6.1%

September 8, 2010

Assetz House Price Watch compiles monthly average figures taken from five of the major house price indices to offer a more accurate picture of house price trends. The latest figures from Assetz House Price Watch show that average house prices were 6.1% higher in July than at the same time in 2009, with the latest [...]

UK HOUSING MARKET AT KEY POINT FOLLOWING 16 MONTHS OF GAINS

July 15, 2010

UK homeowners claw back 50% of value lost during housing downturn Average UK home value now £218,705, up £21,667 since March 2009 Property in England bounces back far better than Wales and Scotland London house prices recover all lost ground and stand at new highs Semis rebound off lows quicker than others. Flats continue to [...]


Follow

Get every new post delivered to your Inbox.