the recovery in house prices is weaker than that foreseen in our April Forecast Release. This is because real personal disposable income is now forecast to grow more slowly during 1991. Sterling's membership of the ERM is followed by a fall in interest rates, but it is the timing of ...
Key figures Commercial real estate Residential real estate Mortgages Forecast The most important statistics Property tenure distribution in the UK 1980-2023 Number of residential property transactions in the UK 2006-2023 Average house price in the UK 2007-2024 Year-on-year house price change...
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. Robert Gardner, Nationw...
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...
already be largely priced in by mortgage lenders, while the recent inflation uptick surprise could soften their sentiment towards further mortgage rate reductions. However, the existing drop in mortgage rates, coupled with our current forecast path, already offers encouraging signs for the housing ...
The property market remains overarchingly positive: thanks to a continued undersupply of homes, house and apartment prices in the UK are forecast to continue rising into the foreseeable future, especially in key regional cities such as Birmingham, Manchester and Sheffield. With the right property...
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...
The price of houses in the U.K. hit a record high in July, according to online real estate portal Rightmove, which doubled its forecast for 2013 prices and now expects them to rise by 4 percent, up from a previous estimate of 2 percent. ...
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...
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. ...