Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Rightmove data indicates a skewed market with winners and losers
Price of property coming to market falls by 1.2% (-£3,602), – exactly the same as the 1.2% average drop over the last six years.
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Rents still rising
Demand outstripping supply leads to average rents rising by 4 per cent in London and 2.3 per cent across the rest of the UK.
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Dream of homeownership slides across the UK
New analysis by The Resolution Foundation suggests that the cost of housing crisis has spread.
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Homeowners bowed by Brexit blues but still expect modest price growth
Most householders believe that the value of their home has slipped since the EU Referendum result.
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Chill wind across the property market
Countrywide, Zoopla, Crest Nicholson, Persimmon and Berkeley all hit by falling share prices.
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RICS report sparks lively debate
Simon Rubinsohn paints a picture of demand AND supply heading downwards.
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“Life will go on!”
The post-Brexit property market will continue to function, says Connells Survey & Valuation director.
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Trending: renting in your fifties
Saga finds that renting is the new tenure choice for older people
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And finally…
Fed up with Brexit? Fed up with political machinations? Fed up because the football and tennis is over, take a look at Knight Frank’s latest research.
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The Brexit effect
It’s that ‘turmoil’ word again, as the UK flounders in a mire of political pronouncements and predictions.
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