House prices set to fall ‘significantly’ in the coming months

House prices look set to fall ‘significantly’ over the next few months amid ongoing lockdown restrictions and the end of the stamp duty holiday, according to the Royal Institution of Chartered Surveyors. Last month, property prices, sales and buyer demand all increased, but at a slower pace than seen in previous months, Rics said. Predictions … Read more House prices set to fall ‘significantly’ in the coming months

Halifax: House prices hit record high in December but boom slows

House prices nudged upwards to end 2020 at an all-time high of £253,374 in December – but there are signs that the lockdown price boom is coming to an end. The mini-boom that arrived after the property freeze at the start of lockdown led house prices to climb 6 per cent last year, with the … Read more Halifax: House prices hit record high in December but boom slows

Halifax: House prices hit record high in December but boom slows

House prices nudged upwards to end 2020 at an all-time high of £253,374 in December – but there are signs that the lockdown price boom is coming to an end. The mini-boom that arrived after the property freeze at the start of lockdown led house prices to climb 6 per cent last year, with the … Read more Halifax: House prices hit record high in December but boom slows

Halifax: House prices hit record high in December but boom slows

House prices nudged upwards to end 2020 at an all-time high of £253,374 in December – but there are signs that the lockdown price boom is coming to an end. The mini-boom that arrived after the property freeze at the start of lockdown led house prices to climb 6 per cent last year, with the … Read more Halifax: House prices hit record high in December but boom slows

Halifax: House prices hit record high in December but boom slows

House prices hit new record high in December says Halifax – but increase of just £131 suggests lockdown price boom could be coming to an end The average house price in the UK was £253,374 at the end of December 2020 It is the sixth consecutive monthly increase, as Covid prompts people to move However, … Read more Halifax: House prices hit record high in December but boom slows

House price inflation shows the stamp duty holiday was a false economy

House price figures should be taken with a pinch of salt. The big name indices are based on a variety of different data sets, ranging from asking prices, to mortgages and actual transactions. Meanwhile, even the gold standard ONS / Land Registry’s sold prices report doesn’t capture what happens to the properties that don’t sell … Read more House price inflation shows the stamp duty holiday was a false economy

Nationwide: House prices rise at fastest pace for six years

House prices rose at the fastest pace for nearly six years last month, as the rush to beat the stamp duty holiday deadline continued to drive up the market. The average price of a home increased by 6.5 per cent to £229,721 in the year to November, according to Nationwide, adding almost £14,000 to the … Read more Nationwide: House prices rise at fastest pace for six years

Halifax: House prices rocket 7.5% in a year to add £18,000 to average home

House prices have leapt 7.5 per cent over the past year as the lockdown property mini-boom has driven the cost of the average home above £250,000, Britain’s biggest mortgage lender said today. Halifax said that property inflation had hit its highest level since the middle of 2016 on its long running house price index, with … Read more Halifax: House prices rocket 7.5% in a year to add £18,000 to average home

Halifax: House prices rocket 7.5% in a year to add £18,000 to average home

House prices rocket 7.5% in a year to add £18,000 to the cost of the average home, says Halifax, but is the lockdown mini-boom already slowing? Average house price reaches a new record high of £250,457, on Halifax index Property inflation at 7.5% is the highest it has been since mid-2016 October saw a monthly … Read more Halifax: House prices rocket 7.5% in a year to add £18,000 to average home

House prices reach £250k and are up 7.3% in a year, says Halifax

The average home now costs nearly a quarter of a million pounds with mortgage approvals hitting their highest level since the financial crisis erupted.  Rising activity in the housing market pushed the price of the average home up 7.3 per cent in the last 12 months to £249,870, according to the Halifax index for September. … Read more House prices reach £250k and are up 7.3% in a year, says Halifax