What does 2022 have in store for the property market?
3 years ago

What does 2022 have in store for the property 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. Read our privacy policy From price rises to stamp duty holidays, soaring demand for larger properties to historic low interest rates and cheap mortgages, 2021 was a whirlwind. “Right now it’s unclear what economic impact it could have on people’s jobs, ability to view homes, or their appetite to move,” says Martijn van der Heijden, chief financial officer for Habito. It is combined with a period of historically low interest rates, only raised to 0.25 per cent in the latest Bank of England’s decision. “Higher interest rates increase the cost of borrowing, and the Bank has said it expects base rates to be hitting 0.75 per cent by the end of 2022,” adds Van der Heijden.

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History of this topic

New Zealand House Prices Tipped to Show Modest Gains in 2025
1 day, 11 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 …

Homeowners have no incentive to sell. Here’s why
1 week, 3 days ago

Homeowners have no incentive to sell. Here’s why

CNN  

CNN — This year, America’s once-in-a-generation housing slump deepened — but 2025 may not see much improvement. Here’s what economists expect of the housing market in 2025: Homeowners are still locked in The US housing market is on track for its worst sales year in nearly three decades, according to NAR data. “It’s become more of a buyer’s market this …

Will house prices go up in 2025? Six property experts give their verdict
1 week, 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 …

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 …

Squeeze on home buyers’ budgets set to continue into 2024, say experts
1 year 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% …

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  

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. This means house prices in the UK end the …

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

Property prices see 'significant decline' in some suburbs and regions despite housing market rebound
1 year ago

Property prices see 'significant decline' in some suburbs and regions despite housing market rebound

ABC  

Property prices "defied expectations" to hit record high values this year, but some suburbs and regional areas have bucked the trend and seen "very significant declines" in their median house prices in the past 12 months. Key points: Data from PropTrack shows suburbs of greater Hobart have seen median house prices fall by more than 10 per cent in the …

Affordability to buy home to rise to a three-year high in 2024, on expectations of interest rate cuts
1 year ago

Affordability to buy home to rise to a three-year high in 2024, on expectations of interest rate cuts

Hindustan Times  

The affordability for home purchases is expected to improve for the better in 2024, basis the expectation of a 60-80 bps repo rate cut during the year, says JLL’s report on the Home Purchase Affordability Index. JLL Home Purchase Affordability Index signifies whether a household earning an average annual income is eligible for a housing loan on a property in …

The housing market in 2022 has been anything but boring
2 years ago

The housing market in 2022 has been anything but boring

Dutch News  

Rising interest rates, falling house prices, fewer deals, more properties – the Dutch housing market was far from dull in 2022, says financial advisor José de Boer. For a start, the government is increasing the transfer tax on buy-to-let properties from 8% to 10.4%, in an effort to dissuade people from buying up homes as an investment – so that …

I am a mortgage adviser – let’s address the elephant in the room
2 years, 1 month ago

I am a mortgage adviser – let’s address the elephant in the room

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The high property prices have slowed …

House prices expected to fall by 9% over next two years, says OBR
2 years, 1 month ago

House prices expected to fall by 9% over next two years, says OBR

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. The economic and fiscal outlook was released as Chancellor …

House price surge continuing in 2022, CoreLogic's January housing figures reveal
2 years, 11 months ago

House price surge continuing in 2022, CoreLogic's January housing figures reveal

ABC  

The typical Australian home owner has become $131,236 richer on paper over the past year, and there are few signs so far in 2022 that the COVID pandemic real estate boom is about to end. Key points: Home prices rose 1.1 per cent in January, and 22.4 per cent over the past year Brisbane had the biggest capital-city price rise …

Will the housing boom be over in 2022? We ask the experts
3 years ago

Will the housing boom be over in 2022? We ask the experts

ABC  

Across Australia, first home buyers like Yolanda Zarins and Luke Andree are wondering if house prices will ever drop. The Commonwealth Bank expects house prices to rise 7 per cent next year, and is forecasting the biggest price drop in 2023 out of the major banks, of 10 per cent. "We are seeing people, on average, be able to borrow …

Property boom sees investors return to the market, adding to the pain of first-home buyers
3 years, 7 months ago

Property boom sees investors return to the market, adding to the pain of first-home buyers

ABC  

It's a sunny Saturday morning in suburban Sydney and a nervous group of would-be buyers and onlookers watch as the price of a five bedroom brick house climbs higher and higher. Key points: Investors return to the property market after laying low during the global pandemic Banks cut investor rates to attract landlords Regulators are not expected to act anytime …

Reserve Bank acknowledges record low interest rates could create a house price bubble
3 years, 9 months ago

Reserve Bank acknowledges record low interest rates could create a house price bubble

Daily Mail  

The Reserve Bank of Australia has acknowledged that its maintenance of record-low interest rates could spark a house price bubble. The cash rate was left on hold again in March at an all-time low of 0.1 per cent and governor Philip Lowe has repeatedly promised to leave them at that level until 2024 'They acknowledged the risks inherent in investors …

What price for post-pandemic property in 2021?
4 years, 1 month ago

What price for post-pandemic property in 2021?

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. Post-pandemic predictions …

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