housing market

Homebuyers Slowly Returning To London’s Property Market, Despite Brexit Uncertainty

Despite Britain’s looming and increasingly uncertain departure from the EU, homebuyers are gradually returning to London’s property market due to falling property prices. Rightmove have reported an upturn in buyer activity which it says has indicated market recovery as  average asking prices were half a percent lower — or £3,360 — than a year ago, at £616,500. The latest national index […]

Properties Taking Longer To Sell In Sluggish Market Says RICS

According to surveyors, properties in the UK are taking longer to sell than a year ago owing to the “uninspiring” housing market. Last spring it typically took 16 weeks between a home being marketed and being sold, the Royal Institution of Chartered Surveyors (RICS) said. That has increased to around 18 weeks on average, the RICS survey found. Other surveys […]

UK Housing Market “Remains Flat” In June

The latest figures have revealed that house prices in quarter 2 of this year were 1.8% higher than those recorded for the same period last year. This is according to the most recent house price index from the Halifax, with the uplift in June slightly lower than May’s growth of 1.8%. UK house prices have risen at the slowest pace since […]

UK Yearly House Price Growth At Slowest Rate In 5 Years

UK house price growth has slowed to a five-year low, according to the latest research from Nationwide. The annual rate at which property prices are rising eased to 2% in June, the lowest level since June 2013. According to the figures from Nationwide, June saw prices dip by 0.4% compared to the previous month. In London, house prices fell for […]