Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Murdoch ‘has been considering’ new bid to buy Rightmove
Rupert Murdoch had planned to make a fresh attempt to buy the portal through his Aussie portal REA Group, but thought twice after the current stock market turmoil.
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First-time buyers ‘defy Stamp Duty increase’ to break buying records
Aneisha Beveridge at Hamptons says FTBs have taken Stamp Duty hikes "in their stride" and are buying property in record numbers.
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Post Stamp Duty hangover? Buyer demand drops as property prices dip
The latest property market survey from RICS shows demand from homebuyers in March was the weakest in 18 months.
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Urban house hunting returns as ‘escape to country’ ends
Rightmove's Steve Pimblett says their data reveals how gradual end to hybrid working is persuading more buyers to focus on cities, rather than rural or coastal housing markets.
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REACTION: House prices fell during March says Halifax
Instead of the usual spring bounce, Halifax’s HPI shows house prices dropped by 0.5% last month.
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Foreign buyers have hit ‘record low’ reports big estate agency
Hamptons says the proportion of foreign buyers both in London and beyond has hit the lowest ever since the firm began tracking them in 2008, and has blamed Brexit for the trend.
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REPORT: UK has one of the worst property transaction fall-through rates globally
GOTO Group has released a detailed report revealing that property fall-through rates have almost doubled since a low of 2022 and how we compare to overseas markets.
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Dexters completes second agency acquisition in less than a month
The London agency bought James Alexander in March, and has now swept up east London firm Keatons.
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Surge in home movers ahead of Stamp Duty hike
Reallymoving estimates 92% more people moved home than the average for Q1 ahead of lower Stamp Duty thresholds returning.
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Big rise in property transactions in lead up to Stamp Duty rise
The latest HMRC figures show there was a 28% jump in the number of house sales in February as buyers scramble to complete ahead of deadline.
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