Economics
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...
Industry Reactions: Bank of England raises base interest rate to 5%
'If we don't raise rates now, it could be worse later,' explains Bank of England chief, as interest rates climb to a 15-year high.
Currency Matters: Pound nears 14-month highs against USD as rate hike looms
David Huggett runs through the latest movements and looks at the likely impact of another tumultuous week on the money markets...
Tom Bill: Nerves & mortgage rates rise ahead of inflation data & Bank decision
Rates are increasing as financial markets price in a period of more stubborn inflation, says Knight Frank's head of resi research.