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What happens after you stop the property market? In an ironic twist for some house price watchers, who regularly deride its index as meaningless due to being based on asking prices, this week Rightmove declared its latest statistics on values, property coming to market and sales agreed were ‘not meaningful’. The pause button was pressed … Read more
First-time buyer Susanna Wood, 29, was due to move in less than three weeks but isn’t sure if this will still go ahead The housing market is expected to fall by up to a sixth as thousands of Britons lose their jobs. Yorkshire and East Anglia are expected to be the hardest hit with house … Read more
Confident house sellers are attempting to reap the rewards of a ‘Boris Bounce’ as they push average property asking prices back to near their all-time high. The average newly-listed home price rose £2,589 in the month to mid-February, or 0.8 per cent, to £309,399 – just £40 below the previous record high reached in June 2018. … Read more
House prices have risen across the country for the first time in 18 months amid a surge in confidence among buyers and sellers following the Tory election triumph. There has been ‘a noticeable pick-up’ in the housing market since Boris Johnson defeated Labour’s Jeremy Corbyn in December, the Royal Institution of Chartered Surveyors said. But … Read more
House prices have only ever been as expensive as they are now compared to wages twice in the past 120 years. That one of those occasions was at the peak of the 2000s property boom will come as no great shock, but that the other was around the start of the 20th century might be … Read more
Homes in three Northern towns have fallen in value over the past decade, while in some parts of London prices have doubled compared to 2010, new analysis shows. House prices in Hartlepool, Redcar & Cleveland and Blackpool are lower than they were ten years ago. But all of the ten areas where house prices have … Read more