Annual house price growth slows amid record jumps in rental prices
1 year, 3 months ago

Annual house price growth slows amid record jumps in rental prices

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. Read our privacy policy Annual house price growth in July 2022 was 23 times the rate of growth seen in the same month this year, according to official figures. Average house prices increased over the 12 months to July 2023 to £309,000 in England and £192,000 in Scotland, while average house prices in Wales decreased to £216,000. Within England, the North East recorded the highest annual percentage house price increase in July at 2.7%, while the South West recorded the weakest growth, with house prices falling by 1.0%. On balance, then, we expect a peak-to-trough fall of around 6%, with the nadir coming at the end of the year.” Jonathan Hopper, chief executive of Garrington Property Finders, said: “Even the most optimistic sellers are having to accept that this is unequivocally a buyer’s market.” Jean Jameson, chief sales officer at estate agent Foxtons, said: “Properties with more competitive pricing are still stimulating buyer demand and, for Foxtons, deals agreed in July were the highest they have been over the past five years.” Meanwhile, ONS rental figures released on Wednesday showed that private rental prices paid by tenants in the UK rose by 5.5% in the 12 months to August 2023, accelerating from 5.3% in the year to July 2023.

England Wales London Growth Record Prices Price House Average 2023 Annual Rental Ons Rental Prices Private Rental Prices  slows  rental  jumps  amid  average  growth  2023  prices  annual  house  uk  price  record  sign

History of this topic

Top 10 house price hot spots where value is increasing the most
1 day, 19 hours ago

Top 10 house price hot spots where value is increasing 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. Whilst 2024 saw a broad recovery of house prices, around a third of homes …

Average house seller in 2024 ‘made £91,820 more than they originally paid’
3 days, 3 hours ago

Average house seller in 2024 ‘made £91,820 more than they originally paid’

The Independent  

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Home buyers face a tough year unless Angela Rayner can work some magic
4 days, 13 hours ago

Home buyers face a tough year unless Angela Rayner can work some magic

The Independent  

Could Angela Rayner be the government’s saviour? According to building society Nationwide, 2024 ended with average price growth of 4.7 per cent, with the typical British home going for £269,425. To buy Nationwide’s average home with a 90 per cent mortgage requires a deposit of roughly £27,000. Average rents outside of London hit £1,339 per calendar month; 4.5 per cent …

UK house prices ended 2024 on a strong footing, says Nationwide Building Society
1 week, 6 days ago

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

The Independent  

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Stoke leads house prices higher while London languishes – report
2 weeks, 2 days ago

Stoke leads house prices higher while London languishes – report

The Independent  

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Will house prices go up in 2025? Six property experts give their verdict
2 weeks, 5 days ago

Will house prices go up in 2025? Six property experts give their verdict

Daily Mail  

They also reveal their property hotspots - and not-spots - for next year House prices are not just a popular conservation topic, but a British obsession. Paula Higgins, chief executive of HomeOwners Alliance Last year's prediction: +2% Prediction for 2025: +4% I am predicting house prices to continue a steady climb through 2025 increasing by 4 per cent across the …

Mapped: How much rents have gone up in your region as prices hit record high
4 weeks ago

Mapped: How much rents have gone up in your region as prices hit 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. Read our privacy policy Annual growth in UK house prices and rents has accelerated, …

£6,395 drop in average price tag on a home in December
1 month ago

£6,395 drop in average price tag on a home in December

The Independent  

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House price growth gaining momentum, surveyors report
1 month ago

House price growth gaining momentum, surveyors report

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 price growth has been gaining momentum but mortgage rates …

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

India home prices to rise 6.5% in 2025, driven by demand from wealthy: Reuters poll
1 month, 2 weeks ago

India home prices to rise 6.5% in 2025, driven by demand from wealthy: Reuters poll

Live Mint  

By Rahul Trivedi and Vivek Mishra BENGALURU - Average home prices in India are set to rise steadily over the coming years driven mainly by demand from wealthy individuals, while the rising cost of living will make owning a property unattainable for most people, a Reuters poll found. After rising 4.3% last year, home prices in India - broadly referring …

Annual house price growth accelerated in September – ONS
1 month, 3 weeks ago

Annual house price growth accelerated in September – ONS

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. That will pour more cold water on the prospects …

Average house price falls by thousands in November
1 month, 4 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, 4 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, 1 week 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, 1 week 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 …

House price growth slows in October after September high
2 months, 2 weeks ago

House price growth slows in October after September high

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 price growth slowed in …

‘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 …

Annual house price growth accelerated in August ‘showing market holding strong’
2 months, 4 weeks ago

Annual house price growth accelerated in August ‘showing market holding strong’

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 saw activity pick up after the first base …

Average rent across the UK reaches record high
3 months 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 …

Asking rents ‘hit fresh records but more properties undergoing price reductions’
3 months ago

Asking rents ‘hit fresh records but more properties undergoing price reductions’

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 Asking rents outside London have …

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  

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. Please try again later {{ /verifyErrors }} House prices are …

House prices rise 4.7% annually in September with typical home now just £108 below 2022 peak, Halifax says
3 months, 1 week 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, 2 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 …

Mapped: House prices grow to almost two-year high in September
3 months, 2 weeks ago

Mapped: House prices grow to almost two-year high in September

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. Please try again later {{ /verifyErrors }} UK house prices …

Fastest annual house price growth in around two years recorded in September
3 months, 2 weeks ago

Fastest annual house price growth in around two years recorded in 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. “London remained the best performing southern region with annual …

Annual house price growth picked up in August, says Nationwide
4 months, 2 weeks ago

Annual house price growth picked up in August, 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. “Providing the …

Annual house price growth increases at fastest rate since 2022
4 months, 2 weeks 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 …

The cities where homeowners are most likely to have seen their property value rise or fall
5 months, 4 weeks ago

The cities where homeowners are most likely to have seen their property value rise or fall

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. While around just under seven million homes have Towns and cities in northern England …

House prices up year-on-year for third month in a row in May
5 months, 4 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, 4 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, 1 week 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 …

Average rent outside London hits record high – check how your area compares
6 months, 1 week ago

Average rent outside London hits record high – check how your area compares

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 new record of £1,316 across Britain, excluding London, means that average advertised rents …

House prices likely to rise more slowly than household incomes, says Zoopla
6 months, 2 weeks ago

House prices likely to rise more slowly than household incomes, says Zoopla

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 house price inflation to remain muted, likely …

Here’s how much the average price of a home dropped by in June
6 months, 4 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, 3 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 …

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

Advertised rents at record highs, but some landlords now being forced to reduce asking prices, Rightmove says
8 months, 2 weeks ago

Advertised rents at record highs, but some landlords now being forced to reduce asking prices, Rightmove says

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. London asking rents were 5.3 per cent higher in the first quarter of 2024 …

Cost of privately renting homes rises by more than 9% in a year - the largest increase since records began - to an average of £1,246 per month to heap more cost-of-living pressure on families unable t
8 months, 4 weeks ago

Cost of privately renting homes rises by more than 9% in a year - the largest increase since records began - to an average of £1,246 per month to heap more cost-of-living pressure on families unable t

Daily Mail  

The cost of privately renting a home has rocketed by the largest proportion since records began to heap more pressure on families unable to get on the housing ladder. The ONS said the rise in Scotland's annual inflation rate in recent months 'is more reflective of Scotland's average house price falling this time last year, rather than increasing in recent …

Mapped: The areas where UK house prices have fallen the most
9 months, 1 week 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 …

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  

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 …

Mapped: See how the UK’s record rent rises impact your area
9 months, 3 weeks ago

Mapped: See how the UK’s record rent rises impact your area

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 the cost of living crisis apparently eases, the cost of renting crisis is …

UK rents skyrocket at fastest rate on record, new Office for National Statistics figures show
9 months, 3 weeks ago

UK rents skyrocket at fastest rate on record, new Office for National Statistics figures show

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 average UK rent increased by 9 per cent in the 12 months to …

Rents up 29% since pre-pandemic despite recent slowdown - how fast have they risen in your area?
9 months, 3 weeks ago

Rents up 29% since pre-pandemic despite recent slowdown - how fast have they risen in your area?

Daily Mail  

Rents have risen 29 per cent since just before the start of the pandemic, new research has revealed. Zoopla says the sharp rise in rents during the pandemic helped to push more than half of rental homes above £1,000 a month for the first time, almost double the level five years ago. One of the areas with the most rapid …

House prices continue to rise despite higher interest rates, inflation and cost of living
10 months, 2 weeks ago

House prices continue to rise despite higher interest rates, inflation and cost of living

ABC  

In short: Home values rose 0.6 per cent in February, with increases in every capital city except Hobart, according to CoreLogic. Home values rose 0.6 per cent in February, with increases in every capital city except Hobart, according to CoreLogic. "It's pretty unusual for economic conditions to be so weak but the housing market showing this really strong trend," CoreLogic's …

London leads rebound in home buyer demand as 2024 gets under way, says Zoopla
11 months, 2 weeks ago

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

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Meanwhile, they are …

Rents outside of London reach record average of £1,280 a month - but hikes are slowing down
11 months, 3 weeks ago

Rents outside of London reach record average of £1,280 a month - but hikes are slowing down

Daily Mail  

Tenants are showing signs of having hit an 'affordability ceiling' as they fork out record sums in rent, new research suggests. Rightmove revealed the increases and decreases in rental prices around the country Another record: Average asking rents reach £1,280 a month outside London, says Rightmove It is the 16th consecutive record in asking rents outside of London, with tenants …

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