mortgage lender halifax said. the increase was in line with the median forecast in a reuters poll of economists. compared with october last year prices were 3.9% higher, also the slowest increase since july, when britain's labour party won power in an election and warned o...
Across the United Kingdom, house prices appreciated the most in Belfast as of October 2024. In a year, sales prices in Belfast rose by 5.5 percent, approximately 4.5 percent above the average house price increase in the country. Portsmouth was the only city under observation where price...
Average property prices dipped 0.2% between November and December — the first monthly drop since March — fresh data from lender Halifax showed Tuesday. That was below the 0.4% price rise forecast by economists polled by Reuters. It means the average property value in the cou...
The latest Savills UK house price predictions certainly reflect this: average house prices are set to increase by £84,000 from 2024-2029, according to the property adviser’s latest 5-year forecast. This means that now could be a particularly good time for UK buyers to look out for ...
Economists polled by Reuters had forecast prices would rise by 0.3% on a monthly basis. Compared with October last year prices were 2.4% higher, a weaker annual increase than September's 3.2% rise and below the median forecast for a 2.8% gain in the Reuters poll. ...
It may come as no surprise to learn that Cebr anticipates average UK house prices to fall by 1.9% on an annual basis in 2024 – economists are pessimists after all.Our forecasts are consistent with average prices in the UK housing market bottoming out at a near-term low of around £27...
Prices will continue to rise, Nationwide forecast. "Providing the economy continues to recover steadily, as we expect, housing market activity is likely to strengthen gradually as affordability constraints ease through a combination of modestly lower interest rates and earnings outp...
Zoopla's monthly house price index, which tracks the number of homes sold subject to contract, found levels were down a fifth so far compared to 2022. It forecast that sales will be the lowest since 2012 by the end of the year, although it still expected around one mill...
December 18 2024 UK house prices London rents rise at record 11.6% Landlords in the capital have been passing on higher costs to tenants amid a shortage of properties UK inflation rises to 2.6% in November Figure cements expectations Bank of England will hold interest rates steady on Thursday ...
House prices increased 0.7 per cent between December and January, the fastest pace since October, data published on Wednesday showed. The figure was much higher than the 0.1 per cent increase forecast by economists polled by Reuters and took the averagehouse priceto £257,656. ...