UK residential real estate prices slid by 2.6% in December from November, the steepest monthly drop for the final month of the year, since 2012, according to the latest house price index from online estate agency, Rightmove. That monthly decline equates to a fall of around £8,000.
Rightmove also reported a 1.2% year-on-year rise in residential real estate prices in December, across the UK as a whole.
read »December 2017
The latest barometer of UK residential real estate prices suggests end of the year lethargy is creeping into the market. UK high street lender Halifax’s monthly index shows the annual rate of property price inflation eased in November. read »December 2017
Global real estate investment management firm, Knight Frank’s latest global house price index, shows the pace of house price growth slowed to 5.1% in the third quarter of 2017. That’s down from gains of 6.3% in the second quarter and around 5.6% in the third quarter of 2016 read »December 2017
Work in the UK’s residential real estate industry was the main driver of a recovery in the latest construction purchasing managers index, (PMI). Commercial construction was the weakest sub-sector, yet again. read »December 2017
UK residential real estate prices held fairly steady in November from October, a report from high street lender Nationwide showed Thursday. A lack of property for sale continues to underpin prices as demand remains robust. read »November 2017
Activity in London's office real-estate construction market fell in the past six months, a survey show. Brexit is named as the main culprit behind the decline in new city real estate starts. read »November 2017
The UK's residential real estate market will likely benefit from Chancellor Hammond's stamp duty announcement for first time buyers. But, some critics say the move will only work to push house prices higher and that the real problem is a lack of existing property. read »November 2017
The UK residential real estate market is showing signs of recovery as the latest data fro the Land Registry shows house prices rose 0.4% on the month and by 5.4% on the year in September. And additional analysis by LCP and Acadata uncovered a 0.9% quarterly and .9% annual increase in the third quarter. read »November 2017
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