house prices
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Latest property news
Don’t panic! House prices fell just 1.8% in 2023 says Nationwide
Housing market activity was weak throughout 2023 due to higher mortgage rates but cash transactions continued to run above pre-Covid levels.
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Latest property news
House prices still rising despite economic headwinds says leading lender
Halifax data shows average house price rose by +0.5% in November after a +1.2% rise in October, so a typical home is now worth £1,300 more than last month.
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Guest Blogs
Surprise late Autumn boost for Prime London sales market
Knight Frank’s Tom Bill says London continues to outperform the rest of the UK, largely because prices grew by relatively less during the pandemic.
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Latest property news
Leading auctioneer says market recovery ‘due to cash buyers’ only
The Auction House boss says the property industry might not be as resilient as some pundits think with more and more cash buyers skewing figures.
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Latest property news
Buyers negotiating £18,000 average discount off next home
The total number of homes for sale has reached a six-year high with higher mortgage rates helping to stoke the current buyer’s market.
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Latest property news
Halifax reveals 70 property markets bucking downward UK trend
Powys in Wales has seen the strongest growth over the last 12 months, East Lindsey tops the list for England and Moray takes Scotish crown.
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Kate Faulkner
Holding up
It’s a complex picture and there are more downs than ups, says housing market expert, Kate Faulkner, but overall the market is taking the strain.
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Latest property news
East of England sees highest drop in property sales and SSTC
Street.co.uk Co-Founder Heather Staff says higher mortgage rates are having a pronounced effect on buying power as budgets are squeezed.
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Latest property news
House prices ‘may drop £50K’ by end of next year
Analysis by Confused.com reveals average house prices might fall by more than £50,000 before the end of 2024.
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Latest property news
House prices fall more severe than expected, says Knight Frank
The agency's head of residential research, Tom Bill, says it has revised its prediction for this year from a 5% fall to 7%, with another drop of 4% in 2024.
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