UK house prices fell back in July, for the first time since February, as buyer demand remained weak.
According to Nationwide, the average value of a home declined by 0.5%, to £169,347, taking the annual rate of inflation down to 6.6%, compared with 8.7% in June.
The lender notes that the sizeable drop is due in part [...]
Property website, Rightmove, has today reported the annual growth in asking prices for residential property in England and Wales for the four weeks to March 6 slowed for the first time in a year.
On an annual basis, growth slowed from 6.1% in February to 5.3% in March, while on a monthly basis, asking prices rose [...]
UK house prices rose at a slower pace in December, as the gap between supply and demand narrowed.
A new survey from the Royal Institution of Chartered Surveyors (RICS) reveals that 30% more Chartered Surveyors reported a rise, rather than a fall, compared with 35% reporting a rise in November.
However, a significant majority of surveyors [...]
UK house prices rose at a slower pace in December, as the gap between supply and demand narrowed.
A new survey from the Royal Institution of Chartered Surveyors (RICS) reveals that 30% more Chartered Surveyors reported a rise, rather than a fall, compared with 35% reporting a rise in November.
However, a significant majority of surveyors [...]
For every property on the market there are five potential buyers looking to snatch it up, new research has discovered.
A study by the National Association of Estate Agents (NAEA) found estate agents had an average of 287 prospective buyers on their books in October.
The average number of properties available at estate agents was 57.
The high [...]
Hometrack has reported that house prices in England remained level in June, as in May, easing the annual rate of decline in values to 8.7%.
The housing intelligence firm suggests that a scarcity of homes for sale is propping up prices, with southern England experiencing the strongest market.
According to the research, the past six months have [...]