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House prices soared 10 per cent annually in May as buyers raced to take advantage of the stamp duty holiday – but experts warn they could now plateau. According to official figures from the ONS / Land Registry, the typical British home was worth £254,624 in May – an increase of £23,000 in just one … Read more
The £275bn home buying spree: More money was spent buying property in England and Wales in the past year than in any since the financial crisis The last time spending on housing was so high was in November 2007 March saw highest monthly spend since 1995, beating the record by £8billion Higher house prices have … Read more
Could house prices really boom for the next five years? SIMON LAMBERT on the 18-year property cycle theory By Simon Lambert for Thisismoney.co.uk Published: 00:01 BST, 1 April 2021 | Updated: 00:01 BST, 1 April 2021 Against most sensible measures, house prices in the UK are too expensive. Whether you use property values vs rents, … Read more
A shortfall in the number of homes coming up for sale remains a major stumbling block for the housing market, economists at the Royal Institution of Chartered Surveyors have warned. While the Chancellor’s Budget measures, including the extension of the stamp duty holiday until the end of June, will give the sector a boost, stock … Read more
House prices could see five-figure increases this year says an influential forecast that has revised upwards thanks to the stamp duty holiday extension and vaccine roll-out. Instead of remaining stagnant in 2021 as previously predicted, the average property price is now set to increase by £10,000 according to Savills. The FTSE 250-listed estate agent revised … Read more
The coronavirus R rate in England is definitely below one for the first time since July, No10’s top advisers revealed today as a raft of data offered yet more proof that the second wave is firmly in retreat. SAGE experts said they believe the R rate – the number of people each person with Covid … Read more
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 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
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
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