Overall house price growth continues to fall says Home.co.uk
January 12, 2017
Home.co.uk today released their Asking Price Index headlined ‘Home Prices Flatline as Supply Increases’.
They report that overall house price growth continues to fall as we commence 2017, however not all regions registered average home price declines this month, worst monthly falls were in the East of England (-0.6%) and Scotland (-1.1%).
The London market continues to decline and this is impacting negatively on the national average. Greater London slips further into negative territory with prices having lost 1.1% over the last year.
Doug Shephard, Director at Home .co.uk said: “2017 looks set to be a year of mixed fortunes for the UK property market. Sentiment has clearly shifted to the downside”. more…
Read more what Doug Shephard has to say and the Asking Price Index report in full click here
You May Also Enjoy
Mixed signals in UK construction as contract awards rise, but starts fall
Detailed planning approvals declined 16% against the preceding three months and fell 28% lower than last year, a warning sign for future work. Main contract awards dropped 19% against the last three months but climbed 25% year-on-year, a sign that major schemes are being committed. Project starts took the steepest fall, declining 26% against the…
Read More Estate Agents Brace for Rising Compliance Costs
Nearly two-thirds of compliance leaders in estate agencies and property firms expect budgets to increase amid growing pressures Just 6% expect cuts, down from 31% last year, while 63% now work weekly overtime on AML The majority of senior compliance professionals in UK property firms and estate agents expect their budgets and teams to grow…
Read More The £2m Mansion Tax, ‘Renting for Now’, and Life Under the Renters’ Rights Act
Leading estate agency Winkworth has released its Autumn Report on Prime Central London, highlighting the key trends that shaped the third quarter of 2026. The report provides exclusive analysis of how the incoming High Value Council Tax Surcharge, the so-called Mansion Tax, is already influencing pricing around the £2 million threshold, and how the market…
Read More Rightsizing Revisited: Homeowners seek £100k profits from downsizing
A new Barclays policy snapshot, Rightsizing Revisited, finds a quarter (24 per cent) of homeowners are open to downsizing However, seven in 10 (71 per cent) homeowners cite financial risks and upfront costs as barriers to making the change Homeowners say they would need to release an average of £108,516 from their property sale for…
Read More Renting an Apartment for Streaming and Gaming: What to Check Before Paying the Security Deposit
For those who stream or compete online from home, choosing a place to live becomes a task with many variables. Beautiful photos in a listing say little about whether an apartment is suitable for a home studio, stable livestreaming, and long hours in front of a monitor. The decision should be based not on the…
Read More London rents outperform property values
The latest research by London lettings and estate agent, Benham and Reeves, has revealed that rental growth has outperformed house price growth across 26 of London’s 32 boroughs since the start of the year, with rents continuing to climb despite weaker property price performance across much of the capital. Benham and Reeves analysed the average…
Read More 
