In March, house prices in England and Wales posted their first monthly rise for 20 months, according to Hometrack. Increased demand and activity, plus a scarcity of housing for sale, resulted in an increase of 0.2%, although London continued to drive the national headline figure with a 0.5% monthly rise. Overall house prices showed a [...]
hometrack
House prices post first rise in 20 months
In March, house prices in England and Wales posted their first monthly rise for 20 months, according to Hometrack. Increased demand and activity, plus a scarcity of housing for sale, resulted in an increase of 0.2%, although London continued to drive the national headline figure with a 0.5% monthly rise. Overall house prices showed a [...]
February bounce in housing market activity
February saw a marked improvement in housing market conditions in England and Wales, according to Hometrack, with the number of buyers registering with estate agents up 18%, compared to January. Activity levels were boosted by first-time buyers looking to complete before the ending of the stamp duty concession (24th March), and on a regional basis [...]
Housing turnover lowest in 40 years
House prices in England and Wales have fallen for the last 16 months, according to Hometrack, but are down just 2.3% on an annual basis. In addition, demand has been falling for the last four months but the rate of decline has remained steady, suggesting that the market has adapted to a “low turnover, finance [...]
Homeowners face “new phase of re-pricing”
The number of homes put up for sale in England and Wales increased by 22% in the nine months up until September, compared with a year earlier, Hometrack reports. However, demand from potential buyers failed to keep pace managing an 11% rise, as economic uncertainty both at home and in the Eurozone continued dent consumer [...]
Homeowners face “new phase of re-pricing”
The number of homes put up for sale in England and Wales increased by 22% in the nine months up until September, compared with a year earlier, Hometrack reports. However, demand from potential buyers failed to keep pace managing an 11% rise, as economic uncertainty both at home and in the Eurozone continued dent consumer [...]
Hometrack: house prices to see further falls
House prices in England and Wales remained level in April, with a 0.3% rise in London prices offsetting small falls across other regions, Hometrack has reported. According to the housing intelligence firm, increased buyer demand over the first four months of 2011, and strong growth in the number of sales agreed, has been easing downward [...]
Hometrack: house prices slip in March
Hometrack’s latest survey shows house prices across England and Wales falling by 0.1% in March, compared with February, taking the value of the typical home down to £153,100. Twenty-seven per cent of post codes registered falling prices leaving 8% recording rises, including London which saw the first uplift for eight months (+0.2%), on the back [...]
Hometrack: agreed house sales up 25%
Demand for housing jumped by 14.7% in February, the first increase for eight months, according to new figures from Hometrack, which also show the supply of homes for sale rising 7.5%, compared with January, the highest monthly increase for three years.
A mix of seasonal and pent-up demand resulted in estate agents reporting a 25% rise [...]
Hometrack: house prices down 1.6% in 2010
House prices in England and Wales fell by 0.4% during December, with 36% of postcodes recording declining prices, according to Hometrack.
Overall, the value of the average home ended 2010 down 1.6%, with 71% of the country seeing prices dip on an annual basis.
However, across 15% of postcodes (notably London and the South East) prices [...]
