Home prices rose across England and Wales by 0.5% in May according to latest Asking Price Index report from Home.co.uk

May 14, 2018

Latest Home.co.uk Asking Price Index report – May 2018 headlined, ‘Summer Optimism Masks Market Melancholy’.

The report reveals that home prices rose across England and Wales by 0.5% this month, reflecting seasonal optimism more than fundamentals.

London prices continue to slide extending 12 month losses to -2.5%,  the slowdown that began there now seems to have spread beyond the South East and East to engulf the East Midlands and the South West according to Home.co.uk.

Doug Shephard, Director at Home.co.uk said:

“No surprise to find that the Bank of England’s talk of raising interest rates this month was just that.

“A somewhat humiliating U-turn from the Old Lady of Threadneedle Street, seemingly surprised by the latest batch of poor economic data, means that rates will stay the same. Relief for the UK housing market though, which is already in enough trouble as overall growth trends to zero. Relief too for the banks, with a spokesperson for Barclays commenting that “Delaying the next hike will eventually lead to not being able to deliver it at all.” more….

Read the lastest Home.co.uk Asking Price Index report – May 2018 in full click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Rent Increases Under Review: What Landlords Need to Know

By Allison Thompson, National Lettings Managing Director, Leaders The Renters’ Rights Bill is currently moving through the House of Lords and is expected to bring wide-ranging changes to the way privately rented homes are managed. Among the most significant are new limits on how and when landlords can increase rent. These reforms aim to improve…
Read More →
Breaking News

Breaking Property News 9/09/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why those who adopt AI responsibly stand to unlock efficiency, trust, and long-term relevance Artificial intelligence is no longer a distant promise—it is a practical tool transforming how the UK property market operates. From agencies and developers to investors and property managers, it has…
Read More →
Breaking News

Industry reacts as Renters’ Rights Bill set to become law

The Renters’ Rights Bill has cleared its final stage in the Commons with Housing Minister Matthew Pennycook confirming that the Government has rejected almost all amendments proposed by the House of Lords. The legislation is now set to proceed through its final ‘ping-pong’ stage before receiving Royal Assent, with all of its major measures intact…
Read More →
Home and Living

We asked housemates what really matters when living together

Finding a new houseshare can feel like a gamble. Will it be the warm, welcoming home of your dreams, or the kind of place you actively avoid until bedtime? With so many variables at play, what should you actually be looking for when viewing a co-living house, and what questions are worth asking the current…
Read More →
Estate Agent Talk

The Rise of DIY Law: 8 Disputes Brits Are Handling Without Solicitors

A new study by South East law firm, Stephen Rimmer, has raised concern over the number of people attempting to handle legal disputes without professional help, often unaware of the costly risks involved. By analysing UK Google search activity from the past 12 months, the research uncovered the eight areas of dispute law most commonly…
Read More →
estate agency contracts
Estate Agent Talk

Homebuyers demand transparency when referred to estate agents

The latest research from GetAgent Exchange has revealed that while referrals to estate agents are now commonplace in the home moving process, buyers and sellers want these referrals to come with transparent data and comparison options, not simply a single recommendation. The survey of more than 1,000 recent homebuyers found that 90% had been referred…
Read More →