Housing supply remains the problem

Kate’s view on individual indices Rightmove: Useful to measure average time to sell and sellers’ sentiment. Nationwide: Measures mortgaged property prices and affordability across the UK. Halifax: Measures mortgaged prices and produces individual research, ie seaside towns. NAEA: Tracks first time buyer sales and provides supply/demand figures from agents. RICS: Excellent for supply/demand analysis and on forecasting the market. BBA: Provides a huge amount of data on the economy/prices/transactions and financing. Agency Express: Analyses for sale/sold board, good for ‘current’ market trends. Hometrack: City analysis across the UK and compares current prices annually and quarterly. LSL: Analyses Land Registry figures, separates out London, good analysis on transactions. THE NATIONAL MARKET Latest National Market Movements Kate says: “The current market stats are all showing that property prices are up year on year and the increases are higher than the annual averages seen over the last ten years. This isn’t a huge surprise given that we’ve spent most of the last 10 years in a credit crunch, but property prices are now recovering. The surprise figure is the Halifax increase which is much higher than any others, suggesting an anomaly. Actual price increases are around 5-6 per cent year-on-year based on mortgaged…

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