‘Generational divide’ widens as UK housing wealth held by over-65s hits record high of over £2.6 trillion
'The generational divide in housing wealth sits at the heart of a lot of the tensions around housing, and how these older home owners elect to deploy their equity has the potential to shape the market for the next generation,' says Savills' research chief, Lucian Cook.
The UK’s total housing value hit a record high in 2022 – but that’s likely to be ‘a high watermark for a few years’
Significant house prices gains over the last few years have favoured more owner-occupiers than landlords, suggests Savills.
The total value of the UK’s housing stock has reached a high of £7.14 trillion; here are nine charts to put that in context
Savills tots up and presents the total residential property wealth of the nation in infographic form, charting price inflation, house-building numbers, regional variances and more...
OBR downgrades housing market forecast: prices set to fall by 10%; transactions by 20%
"Low consumer confidence, the squeeze on real incomes, and the expectation of mortgage rate rises to come are expected to contribute to continued falls in house prices and a reduction in housing market…
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