Housing Market Bulletin March 2016

The Housing Market Bulletin March 2016 published yesterday by the Homes and Communities Agency.

 
House prices: The trend for average house price change continues to be steady growth. All English regions are now seeing growth, albeit relatively slowly in the North and strongly in the South East, the East and in London.

Housing market: The seasonally adjusted number of residential sales has generally been increasing steadily for more than a year. Gross mortgage lending levels are higher than a year before.

Construction: Numbers of residential planning approvals have increased, following a drop early in 2015. New orders for construction are up on a year ago.

Economy: The employment rate of 74.1% is the joint highest rate since comparable records began in 1971. Consumer price inflation remains just over zero.

To read the full report visit Gov.UK 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.

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