HomeTagsHouse prices

Tag: house prices

London home costs nonetheless falling, however extra slowly, Nationwide House Price Index says

Nationwide’s House Price Index discovered that house prices in London declined by 3.8% year-on-year to £514,325 within the third quarter of 2023. But that may be a extra mild decline than within the second quarter, when costs have been down 4.3%.The slower decline is...

Property costs falling sooner than anticipated as fee rises hit demand

The fall in house prices is choosing up velocity with values now dropping at their quickest tempo since June 2009, in line with new figures at present.The common price of a house was down an even bigger than anticipated 5.3 per cent to £259,153...

Property costs falling sooner than anticipated as charge rises hit demand

The fall in house prices is choosing up velocity with values now dropping at their quickest tempo since June 2009, in keeping with new figures right now.The common price of a house was down a much bigger than anticipated 5.3 per cent to £259,153...

Housebuilder Crest Nicholson warns on earnings as first-time purchaser mortgage charges soar

With mortgage curiosity rates rising to 15-year highs final month, and with probably the most drastic influence being felt by first-time buyers, demand for brand new builds has plummeted. Rates have fallen again in current weeks with main lenders chopping their prices on a...

Home costs nonetheless rising in every single place besides London, official statistics reveal

The tempo of growth dipped barely and was properly under inflation, in keeping with Land Registry knowledge, however the common house price was nonetheless up by 1.7% in nominal phrases.The housing market has proved surprisingly resilient within the face of rising rates of interest,...

Home costs slip additional in July, however ‘degree of resilience’ stays, Halifax says

The common worth is down 0.3% month-on-month and down 2.4% year-on-year. But the year-on-year decline was slower than the two.6% dip in June.Kim Kinnaird, director of Halifax Mortgages, famous that just about all of the decline got here within the wake of the mini-Budget...