UK House Prices Decline for the First Time in Six Months
9 months 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 rise sharply in 2022,” Kim Kinnaird, director of Halifax Mortgages, said in a report Friday. “Despite this house prices have shown surprising resilience in the face of significantly higher borrowing costs.” Earlier on Friday, the property website Rightmove said that last Thursday was its biggest day for new sellers coming onto the market this year. “This means the housing market is still to fully adjust, with sellers likely to be pricing their properties accordingly.” She also said that financial markets have become less optimistic about the scale and timing of BOE rate cuts, which has halted a drop in mortgage rates that benefited the property market in the past few months.

Market Mortgage Interest Rates Rates Months Halifax Mortgage Rates Property Prices Prices Decline  interest  uk  mortgage  halifax  property  prices  decline  sellers  house  rates  market  months

History of this topic

New Zealand House Prices Tipped to Show Modest Gains in 2025
3 days, 10 hours ago

New Zealand House Prices Tipped to Show Modest Gains in 2025

Live Mint  

-- New Zealand house prices may show a modest recovery this year after failing to respond to falling interest rates in the final months of 2024, according to CoreLogic New Zealand. “We suspect that 2025 could prove to be a year of conflicting forces for New Zealand’s housing market with the net result being a relatively subdued upturn in sales …

Stoke leads house prices higher while London languishes – report
1 week, 5 days ago

Stoke leads house prices higher while London languishes – report

The Independent  

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Average UK house price reached new record high of £298,083 in November – Halifax
1 month ago

Average UK house price reached new record high of £298,083 in November – Halifax

The Independent  

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What’s really behind the surprise surge in house prices?
1 month, 1 week ago

What’s really behind the surprise surge in house prices?

The Independent  

Sorry to make a soggy start to the week even more miserable, but it brings bad news for homebuyers. Nationwide recently trumpeted itself as the “first major lender to offer first-time buyers ability to borrow six times income, up to 95 per cent loan-to-value”. “The acceleration in house price growth is surprising, since affordability remains stretched by historic standards, with …

Surprise jump in house prices with fastest rise in two years - as experts warn they will continue to increase
1 month, 1 week ago

Surprise jump in house prices with fastest rise in two years - as experts warn they will continue to increase

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 House prices made a surprise jump in November, with experts …

House prices rise just 0.1 per cent in weakest result since January 2023, CoreLogic data shows
1 month, 1 week ago

House prices rise just 0.1 per cent in weakest result since January 2023, CoreLogic data shows

ABC  

National home prices are losing momentum and anticipated interest rate cuts are unlikely to stop falls in house prices next year. New CoreLogic data shows house prices increased 0.1 per cent nationally in the last month of spring — the weakest Australia-wide result since January 2023. Brett D'Souza says he "made mistakes" when he tried to sell his home without …

Average house price falls by thousands in November
1 month, 3 weeks ago

Average house price falls by thousands in November

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 usual drop seen at this time of year is 0.8 per cent and …

Average price tag on a home falls by more than £5,000 in November
1 month, 3 weeks ago

Average price tag on a home falls by more than £5,000 in November

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: “The …

Average house prices in UK reached record high in October
2 months ago

Average house prices in UK reached record high in October

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. In the fourth monthly increase in a row, house prices increased by 0.2 per …

How much house prices are predicted to go up by across the UK
Trending News
2 months 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 …

Why house prices are starting to fall
2 months, 1 week ago

Why house prices are starting to fall

ABC  

Sam Hawley: All focus this week will of course be on the US election and we'll be bringing you plenty of coverage. I mean, you know, what we've seen on a longer term perspective back, you know, I don't know, ever since I've been looking at it, you know, since the 60s or 70s, there's always been an ever increasing …

‘Buyers’ market’ as property asking prices rise more slowly than usual
2 months, 3 weeks 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 …

Average rent across the UK reaches record high
2 months, 3 weeks ago

Average rent across the UK reaches record high

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. As well as a higher proportion of asking rent reductions, Rightmove also said there …

House prices are rising across the UK for the first time in two years
3 months ago

House prices are rising across the UK for the first time in two years

The Independent  

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House prices rise 4.7% annually in September with typical home now just £108 below 2022 peak, Halifax says
3 months ago

House prices rise 4.7% annually in September with typical home now just £108 below 2022 peak, Halifax says

Daily Mail  

House prices rose for the third month in a row in September, according to the latest figures from Halifax, bringing the average home within £108 of the 2022 peak. Recovery: Higher annual growth continues to reflect the base impact of weaker prices a year ago, according to Halifax Where house prices are increasing the most Northern Ireland continues to record …

Housing market ‘is reviving’ amid growth in house prices and mortgage approvals
3 months, 1 week 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 …

House prices are on the rise – so why isn’t everyone happy?
3 months, 3 weeks ago

House prices are on the rise – so why isn’t everyone happy?

The Independent  

Mortgage rates may be falling, but the latest data from property website Rightmove shows that people selling homes have responded by treating their asking prices to a double shot of espresso. However, it adds that this year’s 0.8 per cent increase “is double the long-term average”. I suspect another factor behind buyers’ relative caution is their reluctance to miss out …

Interest rate cuts push house prices to a two-year high – but there is trouble brewing in the market
4 months ago

Interest rate cuts push house prices to a two-year high – but there is trouble brewing in the market

The Independent  

The housing market is getting toasty. The latest figures issued by lender Halifax found prices increased by 0.3 per cent in August, bringing them to a two year high. Guy Gittins, the CEO off Foxtons, said: “We’re seeing more enquiries and more offers made, with buyers also acting with greater confidence since interest rates were cut at the start of …

Annual house price growth picked up in August, says Nationwide
4 months, 1 week ago

Annual house price growth picked up in August, says Nationwide

The Independent  

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Annual house price growth increases at fastest rate since 2022
4 months, 1 week ago

Annual house price growth increases at fastest rate since 2022

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 Annual house price growth has picked up at the fastest …

House prices up year-on-year for third month in a row in May
5 months, 3 weeks ago

House prices up year-on-year for third month in a row in May

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 House prices increased year-on-year for …

London house prices rise for first time in a year
5 months, 3 weeks ago

London house prices rise for first time in a year

The Telegraph  

House prices in London and the South East have increased for the first time in a year as higher wages boost the property market. London prices rose by 0.2pc year-on-year in May, while properties in the South East climbed by 0.7pc, the first annual increase in either region since May 2023 and April 2023 respectively, according to the Office for …

UK house prices are set to rise – but for how long?
6 months ago

UK house prices are set to rise – but for how long?

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. Amanda Bryden, head of mortgages, Halifax, said: “UK house prices stayed relatively flat for …

Here’s how much the average price of a home dropped by in June
6 months, 3 weeks ago

Here’s how much the average price of a home dropped by in June

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, the average price of a home coming fresh on the market in …

How house prices have changed in YOUR area: Interactive calculator reveals where property prices have risen and fallen most in the past year
7 months, 2 weeks ago

How house prices have changed in YOUR area: Interactive calculator reveals where property prices have risen and fallen most in the past year

Daily Mail  

A new online calculator has revealed how house prices have changed over the last year in your area. Average house prices increased by 1.8 per cent in the 12 months to March, lifting the figure to £283,000, up from £281,000 in the previous month. Canterbury -12.10% -£38,945 Average house prices in Northern Ireland were up 4 per cent to £178,000 …

Average house price hits record high as mortgage rates cut
7 months, 3 weeks ago

Average house price hits record high as mortgage rates cut

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. Pent-up demand from would-be buyers who paused their plans last year is a key …

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

Mapped: The areas where UK house prices have fallen the most
9 months ago

Mapped: The areas where UK house prices have fallen the most

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 average house price in the UK fell by 0.2 …

House prices fell in March. Here’s why that shouldn’t surprise us
9 months, 1 week ago

House prices fell in March. Here’s why that shouldn’t surprise us

The Independent  

After showing some modest signs of life, Britain’s maddening housing market decided to resume its sulk in March. The Nationwide Building Society’s latest index showed a modest year-on-year rise of 1.6 per cent but a seasonally adjusted month-on-month fall of 0.2 per cent when compared to February’s prices. The latest positive news came from the British Retail Consortium, which said …

The areas where UK house prices have fallen the most
9 months, 1 week ago

The areas where UK house prices have fallen the most

The Independent  

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London leads rebound in home buyer demand as 2024 gets under way, says Zoopla
11 months, 1 week ago

London leads rebound in home buyer demand as 2024 gets under way, says Zoopla

The Independent  

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Map: How house prices have fallen in your area as average cost of home at 12-year low
11 months, 3 weeks ago

Map: How house prices have fallen in your area as average cost of home at 12-year low

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 2.1 per cent over the 12 months to November 2023 …

Mapped: The highest and lowest average house prices in the UK at the end of 2023
1 year ago

Mapped: The highest and lowest average house prices in the UK at the end of 2023

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 Average house prices in each region of the UK are …

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

Is Britain’s mortgage hell finally over?
1 year ago

Is Britain’s mortgage hell finally over?

The Independent  

On the face of things, it looks like a very happy new year for mortgage borrowers. After a miserable 2023 in which rates shot up like a world champion pole vaulter, Bank of England base rates hit 5.25 per cent before the Monetary Policy Committee pressed pause – 2024 could hardly have started better for the housing market. More good …

Halifax cuts mortgage rates in new hope for home buyers
1 year ago

Halifax cuts mortgage rates in new hope for home buyers

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 building society’s 0.83 per cent cut on two-year fixed deals – from 5.64 …

House prices end year 1.8% lower as East Anglia faced biggest drop in UK
1 year ago

House prices end year 1.8% lower as East Anglia faced biggest drop in UK

The Independent  

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UK house sales tumbled by a fifth in October, HMRC says
1 year, 1 month ago

UK house sales tumbled by a fifth in October, HMRC says

The Independent  

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House prices rise for the first time in six months, say Halifax - but are still lower than a year ago
1 year, 2 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 ‘little changed’ from a year ago but rents show record rise
1 year, 2 months ago

UK house prices ‘little changed’ from a year ago but rents show record rise

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. ONS head of housing market indices Aimee North said: …

UK house prices have proven more resilient than expected, says Halifax
1 year, 3 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, 4 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% …

Why are house prices falling?
1 year, 4 months ago

Why are house prices falling?

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 house prices in southern England often being higher …

Sharp drop in UK house prices as rising cost of borrowing hits market
1 year, 4 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 …

Home sales down 16% in July compared to same month last year, says HMRC
1 year, 4 months ago

Home sales down 16% in July compared to same month last year, says HMRC

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. Buyers have become used to the higher-rate lending environment, …

UK house prices fall for fourth month running - here are the areas most affected
1 year, 5 months ago

UK house prices fall for fourth month running - here are the areas most affected

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 prices dropped by 2.4 per cent on an annual basis, easing from a …

Mapped: Areas in UK facing sharpest drop in house prices
1 year, 5 months ago

Mapped: Areas in UK facing sharpest drop in house prices

The Independent  

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Housing markets where homes cost over £300,000 ‘more exposed to price falls’
1 year, 5 months ago

Housing markets where homes cost over £300,000 ‘more exposed to price falls’

The Independent  

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Average UK house price is £7,000 below peak seen last September
1 year, 5 months ago

Average UK house price is £7,000 below peak seen last September

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. Within England, the North East recorded the highest annual …

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