Breaking news
What happens after you stop the property market? In an ironic twist for some house price watchers, who regularly deride its index as meaningless due to being based on asking prices, this week Rightmove declared its latest statistics on values, property coming to market and sales agreed were ‘not meaningful’. The pause button was pressed … Read more
House prices could fall by as much as 20% as the coronavirus crisis stalls the property market, warn analysts The stock market is already pricing in a 12% fall in house prices, say analysts That would knock £28,000 off the average £234,700 selling price A fall of 20 per cent would knock £46,900 off average … Read more
The housing market continued to show signs of improvement in February, but coronavirus could dent the nascent recovery, Halifax said today. House prices rose 2.8 per cent in the year to February, with the average property gaining £6,443 annually to reach a new record high of £240,677, according to Britain’s biggest mortgage lender. That marks a … Read more
House prices rise at the fastest pace for 18 months, but agents fear a UK coronavirus outbreak could stall the recovery House price inflation rises to 2.3% as average price reaches £216,092 Property market picked up before the election and bounced in New Year But agents warn coronavirus could keep house hunters at home Estate … Read more
House prices have risen across the country for the first time in 18 months amid a surge in confidence among buyers and sellers following the Tory election triumph. There has been ‘a noticeable pick-up’ in the housing market since Boris Johnson defeated Labour’s Jeremy Corbyn in December, the Royal Institution of Chartered Surveyors said. But … Read more
House prices have only ever been as expensive as they are now compared to wages twice in the past 120 years. That one of those occasions was at the peak of the 2000s property boom will come as no great shock, but that the other was around the start of the 20th century might be … Read more
What do you want to happen to house prices? Amid the reams of data produced and words written on the property market, this is a question that rarely gets pondered. The past month has produced an even greater wave of house price reports for us to cover than usual, as we came not just to … Read more
Homes in three Northern towns have fallen in value over the past decade, while in some parts of London prices have doubled compared to 2010, new analysis shows. House prices in Hartlepool, Redcar & Cleveland and Blackpool are lower than they were ten years ago. But all of the ten areas where house prices have … Read more