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2021 Housing Market Performance 2021 has been another eventful and action packed year for the housing market! Property prices continued to increase - year end is expected to hit 10%+! The Bank of England held interest rates at an unprecedented low level of 0.1% until 16 December, when they were increased to 0.25%. Average house prices increased by 10.2% over the year by October 2021, down from 12.3% in September 2021, according to the Office of National Statistics. This pe

Here's our round up of the housing sector, based on insight from Rightmove, Nationwide and Halifax. In summary, the housing market has continued to be buoyant over September and October with prices being reported at an all time high driven by the pent up demand arising from the first lockdown, low borrowing interest rates, the volume of buyers exceeding sellers and the stamp duty holiday. Clearly, there are many uncertainties ahead and the outlook is that there are some sign

In line with what other industry commentators have shared, Nationwide's August House Price Index continues to highlight that the housing market is very active. This monthly report confirms that there was a 3.7% annual house price growth and prices were up 2% month on July. Source: Nationwide Their monthly summary indicates: Source: Nationwide Robert Gardner, Nationwide's Chief Economist, says: “UK house prices rose by 2.0% in August, after taking account of seasonal effect

Here's a roundup of how the housing market is performing during the month of July from Twenty EA, Zoopla, Savills, Nationwide and the Royal Institute of Chartered Surveyors (RICS) (based on June data). This builds on what we already shared from Rightmove last week - more on that here. In summary, these industry insights continue the theme reported by Rightmove - we're in a mini boom. Housing activity has continued to improve in July with the average house price increasing

Well, May has certainly been a very busy month on the housing front since the lockdown was lifted on 13 May 2020. Let's take a look through what the key headline makers had to say. Nationwide In May's edition of #NationwideHousingIndex, Robert Gardner, Nationwide's Chief Economist, said: “UK house prices fell by 1.7% over the month in May, after taking account of seasonal effects – this is the largest monthly fall since February 2009. As a result, the annual rate of house pr