House Prices
House prices rose by 1 per cent in December
House prices increased by 1.0% in December, according to the Halifax House Price Index. Prices in the final three months of 2009 were 3.5% higher than in the third quarter. This is the biggest quarterly increase since 2006 quarter 4 (4.2%).
Consumer confidence falls back in December
The Nationwide Consumer Confidence Index recorded a five point decrease in December to 69 - its biggest fall since November 2008.
UK homeowners adopting European rental habits
UK homeowners are increasingly adopting the habits of Continental Europeans who often rent their homes, as 1.75 million homeowner's state they would now consider selling their home and renting because of the housing market crash, according to new research from Unbiased.co.uk, the professional advice website.
Spring bounce for prime property market?
The Prime property market is expected to experience a pick-up in activity in the New Year as a surge of homes come onto the market, expanding buyer choice and promoting competition for the best properties, according to Primelocation.com.
Housing affordable for first-time buyers in four in ten areas
In 2009, the average price paid by a first-time buyer was affordable for someone on average earnings in nearly four in ten (39%) of local authority districts, according to this year's Halifax First-Time Buyer Annual Review.
2009 a buoyant year for UK’s prime property markets
The UK’s Prime property markets have had a buoyant year, with Yorkshire and the Humber, London and the South East the top regional performers according to the new Primelocation.com Prime Index.
House prices up 5.9% over 2009
House prices rose 5.9% in 2009, according to figures from the Nationwide Building Society.
Winners and losers from the stamp duty holiday
As the end of the stamp duty holiday looms on properties sold for between £125,000 and £175,000, the CML has looked at which regions have benefitted most and least from the temporary concession.
November house prices up 0.9 per cent
The November data from Land Registry's flagship House Price Index shows a positive monthly house price change of 0.9 per cent, which is the sixth month in a row in which the movement has been above nought per cent.
Streets of West London are most expensive
Wycombe Square in the Royal Borough of Kensington and Chelsea is the most expensive street in England and Wales with an average property price of £5,401,447, according to latest research from Halifax.
Country house prices show positive growth
Prime country house prices rose on average by almost 2.3% in the fourth quarter of the year and are now just 2.6% lower than at the beginning of 2009, according to the Knight Frank Prime Country House Index.
FindaProperty.com reports falling rental prices
Following six months of rising rents and falling stock levels, the UK rental market experienced a drop of 1.3% in asking rents according to the December FindaProperty.com Rental Index.
Consumers positive on house price growth
Property prices will rise 3.0% in 2010 according to the December BSA Property Tracker survey of over 2,000 people.
House prices end 2009 just 0.8% down
House prices are just 0.8% lower than a year ago, with an average national asking price of £217,710, according to the December FindaProperty.com House Prices and Affordability Index. This is despite two months of falling prices, as the market enters its end-of-year seasonal slowdown.
RICS - November Halifax house price index
Commenting on the Halifax house price index, Simon Rubinsohn, RICS chief economist said: "While some measures of house prices appear to be suggesting a slackening in momentum, the latest figures from Halifax point towards a more buoyant picture.