Economics
The Times: Why house prices didn’t crash in 2023 and are unlikely to do so now
Economics expert David Smith explains how the housing market has so far managed to swerve a major downturn in this piece for The Times.
Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Housebuilding numbers set to fall ‘significantly’ next year – Savills
Mapped: where house-building is falling short of new housing need
Reflecting on the Autumn Statement & latest OBR forecasts
The government’s ability to boost housing delivery is limited as higher mortgage rates curb demand, says Tom Bill.
House prices likely to fall 4.7% next year – OBR
House prices are likely to bottom out at the end of 2024, before "recovering slowly" to reach their late-2022 peak level in the second half of 2027.
‘Not the helping hand for the housing market that many hoped for’: Property industry reactions to the Autumn Statement 2023
Tax cuts have been welcomed, but industry insiders wanted to see more interventions to boost property transactions.
Required Reading: The Autumn Statement 2023 for HNWIs & business owners
Mishcon de Reya's team walks us through the key announcements and policy points raised in Jeremy Hunt's big speech.
Autumn Statement 2023: Chancellor cuts taxes & pledges planning reform
Measures announced in Jeremy Hunt's 'Autumn Statement for growth' include a new Permitted Development Right that could allow the conversion of any house into two flats, provided the exterior is unchanged.
‘Too soon to call an end to the house price correction’, say economists
Britain's housing downturn 'has some way to run,' says Capital Economics.
Tom Bill: Lending outlook improves but risks will remain in 2024
Psychological milestones will be important for the property market as mortgage rates continue to fall, writes Knight Frank's head of UK resi research.
House of the Rising Sun: Why Prime Central London property is out of sync with global market cycles
Various factors have led to an unusual disparity between PCL values and those of major financial hubs around the world, writes Ollie Marshall; it's no surprise that overseas buyers are making their move...
Residential transactions ‘have been considerably lower than historically’, says ONS as the official UK HPI turns negative for the first time since 2012
Industry reactions to the latest ONS/Land Registry House Price Index from Knight Frank, Savills, Foxtons, Jackson-Stops, Fine & Country, SPF Private Clients, Propertymark, and more.