property prices
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Features
A window of opportunity?
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “Demand and supply seem to be doing well, so far this year and first time buyers could be in luck.”
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Features
What’s really happening to house prices?
House price reports What’s really happening to house prices? Jeremy Leaf endeavours to make sense of the various property market surveys.
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Latest property news
Third of all asking prices have been lowered, says online agent
Online agent HouseSimple reckons a third of properties for sale in the UK have had their asking prices reduced since they were first marketed, based on listing data is obtained from Zoopla. The agent looked at 100 large towns and cities across the UK and found that in eight the percentage of homes reduced was in excess of 40%. All are in the north or Scotland and include Stockton-On-Tees, Aberdeen, Halifax, Middlesbrough, Blackburn, Rotherham and Darlington. Only one city in the south experienced asking price drops in excess of the 31.3% average – Oxford – where HouseSimple says 36.8% of homes for sale have had their price lowered. Of the three largest cities in the UK, London has the highest percentage of properties currently being marketed (30%) that have had a price reduction since they were initially listed. This compares with 27.6% in Birmingham and 19.9% in Manchester. HouseSimple says this “suggests that estate agents in the Capital are finding it harder to secure a sale and are having to drop asking prices to attract buyers”. “Price reductions can indicate that there are too many sellers and not enough buyers, but actually there has been a lack of stock coming…
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Features
2017: Stability and a level playing field?
Designs on Property tracks and summarises the monthly property indices.
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Features
Kate Faulkner asks if 2017 will be a good year for agents
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “Local demand and supply factors have a dramatic impact on the huge variations in towns’ and cities’ year-on-year growth.”
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Features
Property market – regional cities shine as London loses lustre
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “Birmingham leads cities like Cardiff, Liverpool, and Manchester in terms of house price growth.”
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Features
On the ground: we report from Bucks, Essex and Ealing
Each month we visit three agents across the country to discover what is happening in their businesses and local markets. This month we meet members of The Guild of Professional Estate Agents in Colchester, High Wycombe and West London.
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Features
Housing market treading water
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “There’s mixed feedback from the industry as Brexit fears discourage movers.”
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Features
What’s going on in: Chertsey, Stokesley and East London.
Each month we visit three agents across the country to discover what is happening in their businesses and local markets. This month we meet members of The Guild of Professional Estate Agents in Chertsey, Stokesley and Stratford, East London.
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Resources
Brexit and holidays create the perfect storm of inactivity
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “There is a mixed picture across the country with fewer vendor instructions and buyer registrations.”
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