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
77% of buyers refuse to buy a flood risk property
Despite 4.7 million English homes facing flood risk New research from Lyons Bowe has revealed that 77% of homebuyers would not consider purchasing a property in a flood risk area, despite more than 4.7 million homes across England currently being deemed at risk of flooding. The findings come as the Government launches a new flood taskforce amid…
Read More 
Poor Communication becomes Expensive at Scale
The hidden cost of fragmented property management By Adam Hills, Client Services Director, LRG Living Markets A landlord asks for an update on a repair. The property manager asks the contractor, who is waiting for access from the tenant. Meanwhile, the accounts team has received an invoice but cannot tell whether the work is complete.…
Read More 
When Estate Agents Decide to Go Solo
Leaving an established estate agency to work independently gives experienced agents more control over fees, client service and working hours. It also brings responsibility for compliance, cash flow and every part of the customer experience. Before handing in your notice, test the idea against realistic sales volumes, local competition and the amount of time you…
Read More 
What Should Buyers Ask Before Reserving a New Build?
Research from Skipton Building Society has found that 44% of aspiring first time buyers would rather buy a new build than an older property, with just 30% favouring an older build. Modern fittings and appliances were the biggest draw, cited by over half of those who preferred a new build, alongside the promise of lower…
Read More 
The UK cities with the largest property price increases revealed
A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More 
The UK’s Most Expensive Property Hotspots Revealed
More than one in three homes sold in Camden last year fetched at least £1 million, making it the UK’s leading million-pound property hotspot in a new study of England and Wales. But despite London’s dominance at the top of the rankings, the research reveals a surprising trend: median sale prices in several expensive London…
Read More