Homes prices drop after Brexit
July 14, 2016
The home.co.uk Asking Price Index released this week headlines ‘Brexit ends 19-month House Price Rally’
Top of the headlines list was.
Britain’s post-crisis success story ends in fear as home prices drop after Brexit.
Brexit woes pop the London bubble as prices slide 1.1% in just one month.
Prices fell in four English regions and Scotland, making the overall mix-adjusted average asking price drop 0.2% since last month.
To read other items in the headlines list and the Asking Price Index report in full click here
You May Also Enjoy
East of England struggling to meet demand for large family homes
The East of England is facing a growing shortage of large family homes, according to new analysis from UK Property Development (UKPD), creating increasing challenges for buyers leaving London in search of more space, better quality of life, and access to one of the capital’s most desirable commuter regions. UKPD analysed live property listings data*…
Read More 
One in four tenants evicted a month ahead of the Renter’s Right Act
New analysis of 150,000 tenancies by COHO reveals that the Renters’ Rights Act (RRA) drove an estimated 73,900 additional tenancy eviction notices since 2023, with nearly 20,000 issued in the final month before the legislation came into force on 1 May. The data released this month by the property management software developer, revealed a sharp rise in evictions,…
Read More 
First-time buyers paying £38K up front
Average cost of buying a first home climbs above £38,000 as removal costs surge New research from Lyons Bowe that the average cost of buying a first home now stands at £38,353, with first-time buyers facing substantial upfront costs beyond the purchase price itself, as removal costs continue to soar. Lyons Bowe examined the average…
Read More 
Sellers Look to Entice Summer Buyers
Larger than usual June price drop as sellers look to entice summer buyers Average price of property coming to market falls by 0.6% (-£2,113) this month to £376,191, the biggest June fall in fourteen years, as sellers look to entice summer buyers, leaving prices 0.5% below a year ago: Summer is typically slower than…
Read More 
Property sitting on the market? Experts reveal top tips to unlocking property sales
Many homeowners understand the frustration of properties sitting on the market for extended periods of time with no sale on the horizon. Leading estate agency group, Beresfords, has released advice to help sellers take control of their sales journey. With the average time from initial marketing through to a successfully agreed offer now standing at…
Read More 
Demand for Coastal Living Remains Remarkably Resilient
Coastal house prices fall by as much as 38%, but seaside hotspots still command premiums of up to 76% The latest research by Yopa has revealed that house prices across some of the nation’s most popular seaside hotspots have fallen by as much as -38% over the last year. However, many continue to command…
Read More