The London housing cycle – where next?
London house prices have grown by 80% over the last 8 years. The recovery has been led by the highest value markets where prices are now falling by -5% year on year. The next 1-3 years will see a period of price adjustment coupled with lower turnover. Price falls are …
City house price growth slows to 6.4% from 7.8% a year ago
City house price growth running at 6.4%, down from 7.8% twelve months ago. Manchester registers fastest growth of 8.8%, London drops to 10th in growth rankings. Slower price inflation in high value cities follows static/falling sales volumes over last 12-36 months. Sales volumes expected to be flat over 2017 but …
City level house price growth 6.9% year on year
City level house price growth 6.9% year on year down on 7.9% recorded in January 2016. London drops to 8th in city rankings registering lowest rate of growth (6.4%) for 42 months. The growth in city house prices since 2009 has been highly varied ranging from 13% to 85%. There …
City price growth to slow over 2017
City level house price growth running at 7.7%, in line with our forecast made a year ago. Transaction volume growth over 2016 projected to range from +8% to -10% reflecting differing underlying market conditions across cities. We expect city level house price growth to average 4% over 2017. Above average …
Aviva – Home Safe and Secure Toplines
Younger buyers willing to live in less safe areas in order to get a foot on the housing ladder Younger people are more likely to buy a home regardless of safety, flood or crime risks, with price and affordability having the biggest influence on their decisions. 44% of 16-24s would …
London breaks 14x house price to earnings ratio
City level house price growth holding steady at 8.4% An 86% uplift in house prices since 2009 has pushed the price to earnings ratio in London over 14x, more than double the UK average of 6.5x Most cities have price to earnings ratio in line with long run average and …
City house price growth running at 8.5%
City level house price growth is running at 8.5% but growth in London has slowed rapidly in the last quarter to the lowest level of quarterly growth for 20 months. Eleven cities are registering higher growth than at the start of 2016 while 9 are slowing. City house price growth …
Hometrack predicts London growth will fall to low single digits
The pace of city level house price inflation is slowing with growth in the year to August 2016 running at 8.2%. The 20 city index recorded its lowest level of quarterly growth (1.9%) for 6 months as a seasonal lull in market activity and weaker demand post Brexit and the …
City house price growth hits 10.4% – but what impact Brexit?
The surge in demand over Q1 has pushed city house price growth to 10.4%. With the EU vote looming our long run analysis shows sales volumes to be more responsive to external shocks than prices. A vote to leave is likely to hit the London market hardest, while a vote …
City level house prices at highest quarterly growth for 12 years
City level house price inflation accelerates as investors rush to beat stamp duty deadline The March 2016 Hometrack UK Cities House Price Index is out now. City level house price inflation over the first three months of 2016 reached 4.2%, the highest rate of quarterly growth for 12 years as …