UK housing market has weakest month since late 2023, RICS survey shows
2 weeks, 1 day ago

UK housing market has weakest month since late 2023, RICS survey shows

Daily Mail  

LONDON, March 13 - Britain's housing market had its slowest month in more than a year in February as a rush by buyers to close deals ahead of the expiry of a tax break ran out of steam, a survey published on Thursday showed. The Royal Institution of Chartered Surveyors said buyer demand was the weakest since November 2023 and a further softening was expected in the months ahead. Britain's housing market gathered speed in recent months, helped by expectations of Bank of England interest rate cuts and by buyers seeking to beat a March 31 expiry of tax breaks for purchases of less expensive homes and for first-time buyers. RICS Chief Economist Simon Rubinsohn linked the slowdown to the expiry and to worries about inflation pressures caused by global uncertainty, which has spiked since Donald Trump took over as U.S. president.

Month Britain  prices  weakest  shows  late  tax  surveyors  expiry  uk  survey  rics  month  rubinsohn  housing  rise  market  speed  months  2023

History of this topic

Housing market set to slow after biggest price rise for two years
1 day, 14 hours ago

Housing market set to slow after biggest price rise for two years

Daily Mail  

The housing market is set to slow after the biggest price rise for two years. The value of a typical home hit £269,000 in January, up 4.9 per cent on a year earlier, according to the Office for National Statistics. It was the fastest increase since January 2023 and came as lower interest rates and a looming rise in stamp …

House sales stagnated in January — what does it mean for your property?
1 month, 2 weeks ago

House sales stagnated in January — what does it mean for your property?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. "Growth in buyer demand lost a bit of momentum through the early part of …

Housing market has strongest start in three years — see how your area fared
1 month, 4 weeks ago

Housing market has strongest start in three years — see how your area fared

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK housing market has seen its strongest start in …

UK house prices ended 2024 on a strong footing, says Nationwide Building Society
2 months, 3 weeks ago

UK house prices ended 2024 on a strong footing, says Nationwide Building Society

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Robert Gardner, …

How much house prices are predicted to go up by across the UK
Trending News
4 months, 3 weeks ago

How much house prices are predicted to go up by across the UK

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here are Savills’ predictions for house price increases over the …

‘Buyers’ market’ as property asking prices rise more slowly than usual
5 months, 1 week ago

‘Buyers’ market’ as property asking prices rise more slowly than usual

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tim Bannister, Rightmove’s director of property science said: “This …

Housing market ‘is reviving’ amid growth in house prices and mortgage approvals
5 months, 4 weeks ago

Housing market ‘is reviving’ amid growth in house prices and mortgage approvals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “These trends have helped to improve affordability for prospective …

Number of house sales was 5% higher in August than a year earlier
6 months ago

Number of house sales was 5% higher in August than a year earlier

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Holly Tomlinson, a financial planner at wealth manager Quilter …

Mortgage approvals for house purchase jump to highest levels since mini-budget
6 months, 4 weeks ago

Mortgage approvals for house purchase jump to highest levels since mini-budget

The Independent  

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It won’t be popular, but there’s only one answer to tackling soaring rents
8 months ago

It won’t be popular, but there’s only one answer to tackling soaring rents

The Independent  

Despite the efforts of successive governments, the dream of home ownership has grown more and more out of reach for years. However, the above figure for average rents, covering the second quarter of the year from property website Rightmove, is up nearly 7 per cent compared with a year earlier. True, the pace of increase has slowed a bit – …

Rightmove expects better year for UK housing market amid 2% customer growth
10 months, 2 weeks ago

Rightmove expects better year for UK housing market amid 2% customer growth

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rightmove is expecting improvements in …

House prices are falling, but what does the future hold for the market from here?
10 months, 3 weeks ago

House prices are falling, but what does the future hold for the market from here?

The Independent  

Britain’s housing market has turned hostile again, at least for sellers. It was possible to find rates close to 1 per cent in 2021, before the Bank of England imposed 14 consecutive interest-rate rises in an attempt to bring an inflationary spike under control. While the US and the UK are in very different places economically, that sort of sudden …

Advertised rents ‘hit fresh highs but pace of increases is slowing’
10 months, 3 weeks ago

Advertised rents ‘hit fresh highs but pace of increases is slowing’

The Independent  

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UK’s Wealthy Boost Property Asking Prices by Most in 12 Months
11 months ago

UK’s Wealthy Boost Property Asking Prices by Most in 12 Months

Live Mint  

-- Asking prices for UK homes rose at the highest annual pace in 12 months, driven by more top-of-the-ladder houses coming to market, according to the online sales portal Rightmove. “The top-of-the-ladder sector continues to drive pricing activity at the start of the year, with movers in this sector typically less sensitive to higher mortgage rates, and more equity rich,” …

UK house prices fall for the first time in six months as mortgage costs start to bite
11 months, 3 weeks ago

UK house prices fall for the first time in six months as mortgage costs start to bite

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Assuming inflation …

UK House Prices Decline for the First Time in Six Months
11 months, 3 weeks ago

UK House Prices Decline for the First Time in Six Months

Hindustan Times  

UK house prices slipped for the first time in six months in March, lender Halifax said in data that confirmed a setback in the property market’s recovery. “That a monthly fall should occur following five consecutive months of growth is not entirely unexpected particularly in view of the reset the market has been going through since interest rates began to …

The areas where UK house prices have fallen the most
11 months, 3 weeks ago

The areas where UK house prices have fallen the most

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “If these …

Why Britain’s housebuilding slump is about to get much worse
1 year, 1 month ago

Why Britain’s housebuilding slump is about to get much worse

The Telegraph  

A damning report into the health of Britain’s housebuilding sector pulled no punches on Monday, as the competition watchdog raised concerns over decades of failure. The list of criticisms directed towards developers was wide-ranging, as the Competition and Markets Authority attacked shoddily built properties, excessive fees and inescapable management schemes. In an unusual move, the CMA called for “fundamental interventions …

Average UK house price ended last year £4,800 higher than at end of 2022 – index
1 year, 2 months ago

Average UK house price ended last year £4,800 higher than at end of 2022 – index

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The housing market “beat expectations” …

Squeeze on home buyers’ budgets set to continue into 2024, say experts
1 year, 2 months ago

Squeeze on home buyers’ budgets set to continue into 2024, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Overall, we predict a modest average fall of 1% …

From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
1 year, 3 months ago

From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Their aggressive rate hikes had brought inflation way down from the peaks of 2022, when …

How the rent crisis is pricing out Britain’s landlords
1 year, 3 months ago

How the rent crisis is pricing out Britain’s landlords

The Telegraph  

In theory, a record jump in rental prices should be a good thing for landlords. Higher rents have meant first-time buyers are doing whatever they can to get on the property ladder, just as high mortgage rates have weakened investors’ buying power. The result is that first-time buyers are now overtaking landlords when it comes to commanding Britain’s mortgage market. …

House prices rise for the first time in six months, say Halifax - but are still lower than a year ago
1 year, 4 months ago

House prices rise for the first time in six months, say Halifax - but are still lower than a year ago

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average UK house prices rose …

UK house prices increased by 0.9% month-on-month in October, says Nationwide
1 year, 4 months ago

UK house prices increased by 0.9% month-on-month in October, says Nationwide

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Robert Gardner, …

UK house prices have proven more resilient than expected, says Halifax
1 year, 5 months ago

UK house prices have proven more resilient than expected, says Halifax

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Many economists and financial markets predict that base rate …

Rents ‘could rise four times as fast as house prices across the years ahead’
1 year, 6 months ago

Rents ‘could rise four times as fast as house prices across the years ahead’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Across Britain, rents could rise by 25% over the four-year period, compared with 5.5% …

Sharp drop in UK house prices as rising cost of borrowing hits market
1 year, 6 months ago

Sharp drop in UK house prices as rising cost of borrowing hits market

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. House prices fell by 5.3 per cent annually in August, taking the average property …

Rents set to continue rising sharply despite cost-of-living squeeze, experts say
1 year, 7 months ago

Rents set to continue rising sharply despite cost-of-living squeeze, experts say

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A net balance of 63 per cent of professionals expect rental prices to increase …

Rents ‘likely to continue rising sharply despite cost-of-living squeeze’
1 year, 7 months ago

Rents ‘likely to continue rising sharply despite cost-of-living squeeze’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Demand shows no signs of letting up, supply remains constrained and that means rents …

Is now a good or a bad time to put your home on the market?
1 year, 7 months ago

Is now a good or a bad time to put your home on the market?

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. The key …

House prices fall at fastest annual rate in 12 years as mortgage rates soar
1 year, 8 months ago

House prices fall at fastest annual rate in 12 years as mortgage rates soar

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. With markets now forecasting a peak in bank rate …

UK house sales fell by 19% annually in March – HMRC figures
1 year, 11 months ago

UK house sales fell by 19% annually in March – HMRC figures

The Independent  

The number of house sales in March slumped by nearly one-fifth compared with the same month a year earlier, according to HM Revenue and Customs figures. Activity has been solid but not spectacular this year Tom Bill, Knight Frank “Buoyed by savings accumulated during the pandemic, record levels of housing equity and a strong jobs market, activity has been solid …

Rent prices squeezed higher in ‘frenzied’ market while house sales sluggish
1 year, 11 months ago

Rent prices squeezed higher in ‘frenzied’ market while house sales sluggish

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fierce competition for rented properties is squeezing prices higher in …

Average UK house price increased by 0.8% in March, says Halifax
1 year, 11 months ago

Average UK house price increased by 0.8% in March, says Halifax

The Independent  

The average UK house price increased by 0.8% month on month in March, with the recent easing of mortgage rates helping to support the property market, according to an index. While the increased cost of living continues to put significant pressure on personal finances, the likely drop in energy prices, and inflation more generally, in the coming months should offer …

Demand from house hunters fell for tenth month in a row in February – surveyors
2 years ago

Demand from house hunters fell for tenth month in a row in February – surveyors

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The housing market continues to adjust to the tighter lending climate, with stretched mortgage …

Foxtons eyes better property sales market during second half of 2023
2 years ago

Foxtons eyes better property sales market during second half of 2023

Daily Mail  

Estate agency Foxtons has said falling mortgage rates could result in a more robust housing sales market during the latter half of this year. Optimistic forecast: Estate agency Foxtons has said falling mortgage rates could result in a more robust housing sales market during the latter half of this year The group's sales revenue rose by just 1 per cent …

Eyes on housing market outlooks as Taylor Wimpey and Persimmon report
2 years, 1 month ago

Eyes on housing market outlooks as Taylor Wimpey and Persimmon report

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shareholders are likely to be …

Revealed: Where in the UK house prices have dropped the most
2 years, 2 months ago

Revealed: Where in the UK house prices have dropped the most

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Average house …

New year stand-offs and price dips predicted for housing market in 2023
2 years, 2 months ago

New year stand-offs and price dips predicted for housing market in 2023

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. To put …

UK house prices see biggest monthly fall in more than two years as growth slows
2 years, 3 months ago

UK house prices see biggest monthly fall in more than two years as growth slows

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Robert Gardner, Nationwide’s chief economist, said: “The fallout from the mini-Budget continued to impact …

House price growth ground to a halt in October, say surveyors
2 years, 4 months ago

House price growth ground to a halt in October, say surveyors

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Property professionals based in Scotland and Northern Ireland continue to report a reasonably firm …

‘Surprising momentum’ in housing market as prices increase by 11% annually
2 years, 7 months ago

‘Surprising momentum’ in housing market as prices increase by 11% annually

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Robert Gardner, Nationwide’s chief economist, said: “The housing market …

Average price of a home hits record high for fifth month in a row
2 years, 9 months ago

Average price of a home hits record high for fifth month in a row

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We expect this to bring the annual rate of …

More evidence that house price rises are slowing after January peak
2 years, 11 months ago

More evidence that house price rises are slowing after January peak

Dutch News  

There is more evidence that the rise in house prices is slowing, with the increase recorded in March down for the second month in a row. House prices for existing buildings were up 19.5% year on year in March, compared with 20.2% in February and 21% in January, when they reached a peak. Cooling breeze Earlier this month real estate …

More evidence that house price rises are slowing after January peak
2 years, 11 months ago

More evidence that house price rises are slowing after January peak

Dutch News  

There is more evidence that the rise in house prices is slowing, with the increase recorded in March down for the second month in a row. House prices for existing buildings were up 19.5% year on year in March, compared with 20.2% in February and 21% in January, when they reached a peak. Cooling breeze Earlier this month real estate …

UK house prices surge at fastest monthly rate since 2007
3 years, 5 months ago

UK house prices surge at fastest monthly rate since 2007

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK house prices jumped in …

House prices rising at fastest pace in 32 years as listings can't keep up with demand: CoreLogic
3 years, 11 months ago

House prices rising at fastest pace in 32 years as listings can't keep up with demand: CoreLogic

ABC  

Australian house prices are rising at the fastest pace in 32 years, as the Sydney and Melbourne property markets stage a full recovery from the short-lived COVID downturn. Key points: Home values in Sydney, Melbourne, Hobart, Canberra and Brisbane are at record highs Capital city price rises outpaced regional markets for the first time in a year Some economists expect …

House sales up nearly 25% in January from same time last year
4 years, 1 month ago

House sales up nearly 25% in January from same time last year

The Independent  

The number of UK residential sales rose by nearly a quarter in January this year compared to the same month a year earlier, new figures from HM Revenue and Customs show. The surge in transactions were led by buyers rushing to get ahead of the stamp duty holiday deadline in March 2021, with some 121,640 house sales recorded - marking …

Space race: UK buyers seek bigger homes, push up prices
4 years, 6 months ago

Space race: UK buyers seek bigger homes, push up prices

Al Jazeera  

Anti-virus measures drive up demand for homes with gardens, pushing up prices by most in four years, new figures show. A boom in the U.K. housing market gathered pace this month as Britons’ pandemic-driven desire for more living space and a tax break on purchases pushed asking prices up by the most in four years. Advertised prices for homes gained …

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