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12/10/2006
House prices surge ahead
UK house prices are continuing to surge ahead at their fastest rate for four years, according to the Royal Institution of Chartered Surveyors.
According to the report the rise, the fastest seen since October 2002, is as a result of demand for housing in London continuing to exceed supply.
The buoyant housing market has seen a return of gazumping with some properties being described as "grossly overvalued."
The RICS report is in line with trends reported in the latest Halifax and Nationwide market surveys, which report a substantial number of news mortgages being approved.
(SP/CD)
According to the report the rise, the fastest seen since October 2002, is as a result of demand for housing in London continuing to exceed supply.
The buoyant housing market has seen a return of gazumping with some properties being described as "grossly overvalued."
The RICS report is in line with trends reported in the latest Halifax and Nationwide market surveys, which report a substantial number of news mortgages being approved.
(SP/CD)
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05 January 2009
House Prices To Remain Depressed This Year
House prices look set to fall further this year, resulting in a peak to trough price decline of at least 25%, according to Royal Institute of Chartered Surveyors' (RICS) housing market forecast. The on-going caution of lenders and the worsening economic climate is likely to result in a decline in house prices of around 10% over the next 12 months.
House Prices To Remain Depressed This Year
House prices look set to fall further this year, resulting in a peak to trough price decline of at least 25%, according to Royal Institute of Chartered Surveyors' (RICS) housing market forecast. The on-going caution of lenders and the worsening economic climate is likely to result in a decline in house prices of around 10% over the next 12 months.
15 October 2014
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25 February 2005
Liberal Democrats launch housing scheme
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26 February 2009
House Prices Drop By 1.8%
The price of a typical house fell by 1.8% in February bringing the annual rate of change to -17.6% according to the latest figures released by the Nationwide. The average house price has now fallen to £147,746, compared with £179,358 at the same point last year.
House Prices Drop By 1.8%
The price of a typical house fell by 1.8% in February bringing the annual rate of change to -17.6% according to the latest figures released by the Nationwide. The average house price has now fallen to £147,746, compared with £179,358 at the same point last year.
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