House prices to continue surge as bubble fears grow
11 years, 6 months ago

House prices to continue surge as bubble fears grow

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. Rightmove, which advertises thousands of properties across the UK, said it was uprating its forecast for annual house price inflation from 4.5 per cent to 6 per cent with a vigorous autumn in the UK property market expected. Rightmove’s bold message on prices came despite a slight slip in asking prices of 1.5 per cent in the past month, leaving the average property on the market at £245,495. Chief executive Paul Smith said: “This is the best first-time buyers have had it since the economic crash.” His enthusiasm is based on the agent’s monthly housing monitor, which shows the number of first-time buyers has increased 75.7 per cent in the last year. A further positive sign for hopeful homebuyers is that first-time buyer house prices have fallen 1.4 per cent over the year to an average £144,350.

History of this topic

The ULTIMATE guide for first-time buyers: Property experts reveal their definitive map, the best places to buy, how much to spend plus the schemes that can help
5 days, 2 hours ago
Housing market set to slow after biggest price rise for two years
6 days, 16 hours ago
Stamp duty changes fail to 'slow the market' as house prices jump by £13k in just one year - use our interactive tool to see how much it's changed in YOUR area
6 days, 20 hours ago
House prices are booming in the north of England, ONS figures reveal
1 week ago
House price winners and losers revealed: From £136k falls in Chelsea to booming west coast of Scotland
1 month ago
Average price gap between houses and flats ‘is at highest point in 30 years’
1 month ago
How can the average home lose £22,000 but house prices officially rise 4.6%? We explain what's going on
1 month, 1 week ago
Sub-4% mortgage rates ‘may be first to go’ following unexpected inflation jump
1 month, 2 weeks ago
House sales stagnated in January — what does it mean for your property?
1 month, 2 weeks ago
Mapped: Most expensive region for house prices revealed as January saw new record high
1 month, 3 weeks ago
UK house prices jump to new record high in January
1 month, 3 weeks ago
House price growth softened at start of 2025, says Nationwide Building Society
2 months ago
Housing market has strongest start in three years — see how your area fared
2 months ago
Where will house prices rise the most in 2025?
2 months ago
Revealed: Britain's 2025 house price hotspot map - and what Labour could do to the value of YOUR home
2 months, 1 week ago
UK Market Turbulence Pushes Mortgage Costs to Five-Month High
2 months, 2 weeks ago
Sales of new homes up 69%; Demand for housing will continue to rise
2 months, 2 weeks ago
Top 10 house price hot spots where value is increasing the most
2 months, 2 weeks ago
Average house seller in 2024 ‘made £91,820 more than they originally paid’
2 months, 2 weeks ago
Home buyers face a tough year unless Angela Rayner can work some magic
2 months, 3 weeks ago
Australian home prices tipped to keep falling in early 2025
2 months, 3 weeks ago
New Zealand House Prices Tipped to Show Modest Gains in 2025
2 months, 3 weeks ago
House prices fell for the first time in nine months - but lenders warn it won’t last
2 months, 3 weeks ago
Stamp duty changes ‘will motivate’ first time buyer boom in early 2025, lender says
2 months, 3 weeks ago
UK house prices ended 2024 on a strong footing, says Nationwide Building Society
3 months ago
Stoke leads house prices higher while London languishes – report
3 months ago
Homeowners have no incentive to sell. Here’s why
3 months ago
Will house prices go up in 2025? Six property experts give their verdict
3 months ago
Home buyers becoming more ‘price sensitive’, says property website
3 months, 1 week ago
£6,395 drop in average price tag on a home in December
3 months, 2 weeks ago
House price growth gaining momentum, surveyors report
3 months, 3 weeks ago
English house prices have increased TWICE as fast as income since 2000 with average home in London 'unaffordable' for even Britain's highest earners, damning ONS report reveals
3 months, 3 weeks ago
Average UK house price reached new record high of £298,083 in November – Halifax
3 months, 3 weeks ago
What’s really behind the surprise surge in house prices?
3 months, 4 weeks ago
Surprise jump in house prices with fastest rise in two years - as experts warn they will continue to increase
4 months ago
National house prices losing steam
4 months ago
House prices rise just 0.1 per cent in weakest result since January 2023, CoreLogic data shows
4 months ago
Aussie teen rages over Sydney property prices
4 months, 1 week ago
Looming stamp duty changes ‘could hold back house price growth in 2025’
4 months, 1 week ago
Annual house price growth accelerated in September – ONS
4 months, 1 week ago
Average house price falls by thousands in November
4 months, 2 weeks ago
Average price tag on a home falls by more than £5,000 in November
4 months, 2 weeks ago
Average house prices in UK reached record high in October
4 months, 3 weeks ago
How much house prices are predicted to go up by across the UK
Trending News
4 months, 3 weeks ago
Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven
Trending News
4 months, 4 weeks ago
Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven
Trending News
4 months, 4 weeks ago
House price growth slows in October after September high
5 months ago
House prices are still rising, but CoreLogic data shows the property market is cooling off
5 months ago
Number of house sales in pipeline at highest in four years, says Zoopla
5 months ago
‘Buyers’ market’ as property asking prices rise more slowly than usual
5 months, 1 week ago

Discover Related