Hometrack Cities HPI March
April 25, 2016
The Hometrack Cities House Price Index for March 2016 released at the end of last week reported that City level house prices at highest quarterly growth for 12 years.
City house price growth in 2016Q1 was 4.2%, the highest for 12 years as the seasonal upturn in demand was boosted by investors rushing to beat the stamp duty deadline.
Touher lending criteria and tax changes are likely to push investors into higher yielding, lower priced markets. Liverpool recorded the fastest increase in 2016Q1 as prices rise off a low base.
City level house price growth is expected to moderate in 2016Q2 with a market slowdown in higher value, lower yielding cities over the remainder of 2016.
To read the full report on Hometrack website click here
You May Also Enjoy
One in five homebuyers have been ‘catfished’
The latest research from House Buyer Bureau has found that, with the rise of A.I, “homebuyer catfishing” is becoming an increasingly familiar experience for UK buyers, with one in five saying they viewed a property where the listing photos had been digitally enhanced to make the home appear better than it actually was. However, while the…
Read More 
Only 31% of letting agents confident their onboarding process protects against tenancy fraud
The latest research from Propoly has revealed that just 31% of UK letting agents are absolutely confident that their tenant onboarding process protects against tenancy fraud, as lengthy onboarding times and delays with referencing continue to create challenges for the industry. Propoly surveyed UK letting agents to understand how long tenant onboarding currently takes,…
Read More 
Are first-time buyers ruling themselves out before they even apply?
New report reveals widespread mortgage myths, with more than half wrongly thinking existing debt rules out being approved More than a third of potential first-time buyers (37%) worry about being rejected for a mortgage Over half (53%) have delayed major life milestones while trying to buy their first home, including getting married and having children…
Read More 
Housing Insight Report: June 2026
June’s housing market remained active, but buyers and renters continued to show caution. Buyer registrations dipped, while sales agreed remained broadly stable. In lettings, demand continued to outstrip supply, with nine applicants per available property. The average number of new prospective buyers registered per member branch dipped during June 2026, with an average of 55.…
Read More 
Private rent and house prices, UK: August 2026
Main points Average UK monthly private rent increased by 3.7%, to £1,393, in the 12 months to July 2026 (provisional estimate); this annual growth rate is up from 3.3% in the 12 months to June 2026. Average rents increased to £1,451 (3.8%) in England, £843 (4.5%) in Wales, and £1,016 (1.7%) in Scotland, in the…
Read More 
Scrapping Stamp Duty could unlock 300,000 extra home moves a year
Economic growth in key regions, such as around Cambridge and the ‘tech corridor’ being held back by stagnant housing market. Rathbones argues that a more mobile housing market could help unlock part of the UK’s £5.5 trillion housing wealth. Reforming Britain’s property tax system could unlock more than 300,000 additional housing transactions each year…
Read More