Economics
‘This is now a buyer’s market’ – Garrington
Slowdown "is not a temporary aberration but looks to be a shift in the UK property market’s landscape for the second half of the year," says top buying agency.
Lloyds reins-in house price slump expectations
Lloyds Banking Group now expects average UK house prices to end 2023 5.6% lower than they started the year, with a 'best case scenario' of -3.3% and a 'severe downside scenario' of -9.3%.
Ollie Marshall: The devil is in the detail
Recent months have been filled with doom & gloom, but there is no sight of the four horsemen of the apocalypse galloping through Sloane Square just yet...
Sunak commits to building 1 million homes as Gove outlines long-term plan for housing
Latest government housebuilding strategy focuses on urban property development to avoid 'concreting over the countryside'.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Rightmove, Savills, the ONS, JLL, TwentyCi, Foxtons & more...
Marcus Dixon: In the eye of the mortgage storm
JLL's research chief looks into the repercussions of high and rising interest rates for residential property investors and their tenants.
Industry Reactions: UK HPI shows no change for the average house price in May
The annual rate of property price growth slowed from +3.2% in April to +1.9% in May, according to the UK's official House Price Index.
The number of retiree renters is set to double by 2030 as home-ownership rates ‘unwind’
Hamptons warns of 'significant social, economic and political consequences' thanks to an ageing population and a generational shift away from home ownership.
Mainstream property market sees ‘renewed deterioration’ as buyer enquiries fall again – RICS
'An important message coming back from RICS agents is around ensuring prices are set with an eye on the market conditions of today, rather than the recent past,' says the Institute's Chief Economist; 'when…
‘Holiday homes loophole’ to cost councils £170mn this year
'The problem is not second homeowners, it is politicians failing to understand the issues and having the courage to do something about it,' says top property agency.
Five parts of the economy that are hit when house prices fall
Finance professor Anandadeep Mandal explores what the UK's cooling housing market could mean for the wider economy.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Beauchamp Estates, ONS, The Buying Solution, OnTheMarket, Knight Frank & more...