Halifax HPI for February

In it’s monthly House Price Index (HPI) report, the Halifax reported yesterday that house prices in the three months to February were 9.7% higher than in the same three months a year earlier. House prices in the latest three months (December-February) were 3.0% higher than in the preceding three months. Commenting, Martin Ellis, Halifax housing…

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Housing Market Bulletin January 2016

The housing market bulletin for January 2016 provided by The Homes and Communities Agency is a report re the latest information on the housing market, the economy and the housebuilding industry in England.   House prices: Average house price growth has now returned to all English regions, but prices continue to rise most rapidly in…

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Rise in numbers for affordable housebuilding.

The latest figures from the Department of Communities and Local Government released yesterday show 66,640 new affordable homes were delivered in the last year, this is the highest increase in affordable housebuilding in 22 years. Numbers of new affordable and social rented homes up by nearly two-thirds in the last 12 months and over 270,000…

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Boost to housebuilding shares

The stock market (FTSE 100) rose yesterday with housebuilding stocks leading the way after Chancellor George Osborne announced measures to support the sector in his joint Autumn Statement and Spending Review, by the end of the session the housebuilding stocks had come off their earlier highs but remained the top risers including Taylor Wimpey, Persimmon…

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Interest Rate held at 0.5%

UK interest rates have been held at 0.5% again by the Bank of England’s Monetary Policy Committee (MPC). Yesterday saw for the first time the release of inflation report, policy decision and minutes on the same day. In its latest inflation report, the Bank said the outlook for inflation was “muted”, leading some economists to…

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