UK house price growth remained sluggish in February, as property experts warned the housing market is "on its knees". Prices rose just 0.4 per cent year on year compared to January’s 0.1 per cent rate of growth, new data published today reveals.
Uncertainty still affecting housing market By Dene Mackenzie. Business. there was a rise in prices and sales over the month compared with November 2017.. “We expect that the housing market will continue to slow over the coming year in response to concerns about changes in government.
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House prices have been falling over the year across the UK, particularly in London and the South East. "It is evident from the feedback to the latest RICS survey that the ongoing uncertainties surrounding how the Brexit process plays out is taking its toll on the housing market," said Rics’ chief economist, Simon Rubinsohn.
House prices rise slower amid market uncertainty. Bridget O’Connell 08/12/2017 Print Download. The rate of annual house price growth in the UK has slowed for the first time since July, according to Britain’s biggest mortgage lender.
Home sales are predicted to rise 7.0% in 2018 (again, final figures are expected in mid-January). "The surge in home prices over the past few years due to the housing supply shortage has finally taken a toll on the market," Appleton-Young says. Homeowners ‘losing a long-standing incentive’
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Download our House Price Report May 2019 infographic. Property market data – key points. From March to May 2019, the average selling price in east central Scotland was 248,180 compared to 239,833 last year, which was a 3.5% increase; The total sales volume during this three month period increased by 14.3% year-on-year
Auctioneer Clarence White had his work cut out for him at the auction of a Bronte home on the market for the first time in decades. While all three buyers in the crowd were slow to bid. While.
The North West experienced the greatest annual price rise, up by 3.4% and London saw the largest annual price fall, down by 4.
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Rising inflation will cause European house prices to rise at a slower rate this year, ratings agency S&P predicts, while Brexit uncertainty will have a significant impact on the UK’s housing market.