reacts
Property industry reacts to Zoopla House Price Index – Beragampengetahuan
Nathan Emerson UK buyer demand is up 11% year-on-year, while the number of sales agreed has increased 15% during the same period across all regions and countries of the UK. The figures, provided by Zoopla, shows that that the North East and London has led the rebound in new buyer demand. Meanwhile, the supply of homes […]
Property industry reacts to The Rightmove Rental Trends Tracker – Beragampengetahuan
There are growing signs that tenants have hit an ‘affordability ceiling’ as they spend record sums in rent, new research suggests. The average asking rent for new properties coming onto the market has hit £1,280 a month for those outside of the capital, according to Rightmove. It is the 16th consecutive record in asking rent, […]
“I’m worried” – Gary Neville reacts to latest Manchester United transfer development – Beragampengetahuan
Manchester United legend Gary Neville has expressed his concern about the club trying to tie down both Raphael Varane and Victor Lindelof to new deals on reduced wages. Posting from his official account on X, formerly Twitter, Neville seemed to be responding to a story from the Daily Mail earlier today about Man Utd deciding […]
Property industry reacts to latest UK house price data – Beragampengetahuan
Residential property prices in the UK increased by an average of 0.5% in November, the second consecutive monthly increase after a six-month streak in monthly falling values, the latest data from Halifax revealed yesterday. This follows a 1.1% month-on-month increase in October. The average property price stood at £283,615 in November, which is an increase […]
Property industry reacts to Zoopla House Price Index – Beragampengetahuan
Residential property purchasers are in the strongest negotiating position for five years with an average £18,000 knocked off asking prices to land a deal amid a weak housing market, research from Zoopla has revealed. The average discount on a house purchase has reached its highest since 2018 in a further sign that it remains a […]
Industry reacts to sharp fall in UK property transactions – Beragampengetahuan
The number of property transactions taking place in September was down significantly on last year, the latest figures from HM Revenue & Customs (HMRC) have revealed. The data showed that on a non-seasonally adjusted basis there were 92,600 residential transactions in September, down 2% from August and 19% from the corresponding period last year. Meanwhile […]
Property industry reacts to Rightmove House Price Index – Beragampengetahuan
Property asking prices edged higher by an average of £1,950 this month, according to Rightmove’s latest analysis. Although new asking prices typically rise at this time of the year, the property portal says October’s 0.5% rise is the smallest increase it has seen in October since 2008. Based on the last 20 years, the average […]
Property industry reacts to Bank of England’s decision to freeze interest rates – Beragampengetahuan
UK interest rates have been left unchanged at 5.25% by the Bank of England. The decision comes a day after figures revealed an unexpected slowdown in UK price rises in August. The Bank had previously raised rates 14 times in a row to curb inflation, leading to a surge in mortgage payments but also higher […]
Property industry reacts to Rightmove House Price Index – Beragampengetahuan
Vendors are reducing their asking prices at the fastest rate in more than a decade, after the surge in interest rates dampened demand for property this summer. The proportion of homes on the market which have had at least one price reduction is at its highest level since January 2011, Rightmove said. According to the […]
Property industry reacts to another drop in UK house prices – Beragampengetahuan
UK house prices suffered their sharpest annual fall in 14 years, as the seasonal summer slump and high mortgage costs dragged on sales. Data released by Halifax yesterday revealed that property prices fell by an average of 4.6% in August compared with the corresponding month in 2022, marking the sharpest year-on-year decline since 2009. It […]