Halifax HPI – House price growth hits brick wall – Andy Soloman of Yomdel comments:
February 7, 2019
Founder and CEO of Yomdel, Andy Soloman, commented:
“House price growth seems to have hit a brick wall so far in 2019, with next to no growth during January continuing the slower market trends of the previous year.
This slothful start remains consistent with many other areas of the economy but of course, seasonal factors and the prolonged air of hesitation on both the supply and demand side are largely influential, and so there is little reason to run for the hills based on these figures.
The coming months are likely to bring some small green shoots of price stability and once we emerge from our Brexit blanket in to the cold light of day having reached an agreement, further stability and upward growth should return to the market.”
You May Also Enjoy
69% of homebuyers would compromise on their property
New research from UK Property Development reveals that 69% of recent UK homebuyers would be willing to compromise on the property itself to live in a better location, while 65% say they would pay more for a home if the location was right. The findings, from a survey of 1,016 recent UK homebuyers*, highlight the…
Read More 
The UK towns boasting +80% house price growth amid nationwide drop
For the first time since 2023, UK house prices have dropped. However, many areas are bucking the recent news, with strong growth overall in the last 5 and 10 years. The cash house buyers and property experts at Sell House Fast have compiled ‘The Property Prosperity Index’, revealing the best places to buy and sell property…
Read More 
London remains destination of choice for international property wealth
The latest research from London lettings and estate agent, Benham and Reeves, has revealed that London accounts for 43% of all property titles owned by overseas companies across England and Wales, highlighting the capital’s enduring appeal as an international property investment destination. Benham and Reeves analysed the latest Land Registry Overseas Companies Ownership Data to…
Read More 
First drop in rental supply in three years pushes rents higher
Rental growth set to accelerate to 4–5 per cent by the end of 2026 as higher mortgage rates keep would-be buyers renting for longer, reducing rental supply UK rents are 2.6 per cent higher in the 12 months to July 2026, up from 1.6 per cent in February and are on track to reach 4-5…
Read More 
Breaking Property News 13/9/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Sourced Living Chooses Genifea AI to support its branch network and its clients Sourced Living, the lettings and estate agency network of Sourced Property Group, has chosen Genifea to handle customer enquiries across its branches — in what is also the London-based platform’s first…
Read More 
Back-to-school buyer bounce outpaces typical September uplift
New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand received a stronger than usual back-to-school boost during the first week of September Buyer demand increased by 5% during the opening week of the month, significantly higher than the average increase of 0.4% seen over the same period during the last…
Read More