Latest Market Updates
Halifax Reports Highest Annual House Price Growth since 2022
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UK Residential Property Market sees Rise in Buyer Confidence
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UK Housing Market Braces for Election
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UK Housing market surge cools
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January 2024 Market Updates
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UK House Prices Experience Modest Growth in June, but Challenges Signal Potential Falls Ahead
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UK Mortgage Rates Rise, Putting Pressure on Housing Market
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UK Asking Prices Rise in May, Reflecting Positive Economic Outlook and Increased Buyer Demand
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Stability in UK Housing Market as Prices Show Modest Increase in March
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Londoners’ Desire to Move Outside the Capital Stabilizes as Affordability Remains Key Factor
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Market News
House prices in the UK grew at their quickest annual rate since 2017 according to latest reports from Halifax. The findings showed that house prices increased by 5% in the three months to April 2019 in comparison to the three months leading up to April 2018.
Research conducted by property website Rightmove has given a boost to landlords and property investors as rental demand is expected to remain bouyant as three quarters of UK renters say that they cannot afford to purchase a home.
Looking back even further, the global financial crisis of 2008 saw people aatracted to a long term investment class with a proven track record of performance. Despite concern about what Brexit will bring, projections for house prices remains optimistic. Savills expects houses to rise in value by almost 15% in the next five years.