ONS: South West prices growing most rapidly
The South West of England is seeing the highest house price growth across the UK, with a yearly increase of 13.6%.
Tomer Aboody
Base rate increased to 0.25%
The Bank’s Monetary Policy Committee voted by eight to one to raise the base rate, which could lead to higher mortgage and savings rates.
New stock finally hitting the the market
This indicates early signs of a better-balanced market, as there’s been so much demand compared to supply that house prices have been continually pushed upwards.
Property sales slump after stamp duty holiday deadline
Some 61.5% fewer homes changed hands in July, at 82,100 compared to 213,120 the month before.
RICS: Housing market softened in July
Despite the softening impact of the minimum stamp duty threshold moving from £500,000 to £250,000, the lack of supply in the market is serving to uphold house price inflation.
Halifax: House price growth in Wales at 16-year high
Investors in the region have profited from substantial capital growth in the past year, as prices in Wales are now up to an average of £195,000.
Wales leads the way on house price growth
Wales is now the fastest growing region across the UK, where prices have increased by 14.6% annually and 1.4% month-on-month, Rightmove’s House Price Index…
RICS: Housing supply stagnates compare to demand in April
The flow of properties being listed for sale lost impetus in April, the RICS UK Residential Survey found. However demand has increased, as a…
Halifax: House price growth up to 8.2%
UK house price growth rose to 8.2% in April, up from 5.7% the month before, the Halifax house price index has revealed. This means…
Nationwide: House price growth rises to 7.1% after monthly surge
Annual house price growth rebounded from 5.7% in March to 7.1% in April, Nationwide’s House Price Index has found. Prices increased by 2.1% month-on-month,…
