Market Update
What’s up; what’s down - The Negotiator’s guide to the latest market trends
- National stock shortage continues to fuel sales volumes and price rises
- Fri, 25 Sep 2009
- The national average asking price increased 0.6% to £223,996 this month, according to Rightmove’s latest house price index.
- Property prices continue to rise
- Fri, 11 Sep 2009
- Property prices increased 1.7% to £155,885 in July, marking the second consecutive monthly increase this year, according to the Land Registry.
- Mortgage approvals increase for fourth consecutive month
- Tue, 1 Sep 2009, 15:21 GMT
- The number of mortgages secured for house purchase increased 14% to 50,123 in July, marking the fourth consecutive increase since April, according to the Bank of England.
- Property prices increase again
- Fri, 28 Aug 2009, 10:16 GMT
- Property prices increased 1.7% to £155,885 in July, marking the second consecutive monthly increase this year, according to the Land Registry.
- Buyer sentiment reveals green shoots
- Wed, 26 Aug 2009, 19:03 GMT
- A whopping 78% of respondents to Rightmove’s Q3 Consumer Confidence Survey do not expect property prices to fall any further over the next year.
- Cluttons slashes transaction times in half
- Wed, 26 Aug 2009, 17:07 GMT
- Cluttons has slashed its average time to exchange from 8.6 to 4.7 months in the last year.
- Net mortgage lending hits nine-year low
- Tue, 25 Aug 2009, 14:16 GMT
- Net mortgage lending increased by £1.6bn last month – the lowest level since October 2000.
- Hamptons reveals bumper quarter
- Tue, 25 Aug 2009, 11:03 GMT
- Hamptons International enjoyed a bumper Q2, with offer levels up 77%, agreed sales double the rate of last year and exchanges up 81%, according to the agency’s latest figures.
- Rightmove shares soar 19%
- Fri, 21 Aug 2009, 19:00 GMT
- Rightmove shares soared 19% to 508.50p today [August 21] following the publication of the portal's half-year results.
- Vendor hesitation exacerbates stock shortage crisis, reveals Rightmove
- Fri, 21 Aug 2009
- The number of new sellers coming onto the market has declined 23% to 82,700 this month, reveals Rightmove.
- Mortgage lending slumps to eight-year low
- Thu, 20 Aug 2009, 10:45 GMT
- Gross mortgage lending declined 26% to £16bn last month - the lowest July lending figure since 2001.
- Vendor volumes decline 23%, reveals Rightmove
- Mon, 17 Aug 2009, 08:38 GMT
- The number of new sellers coming onto the market has declined 23% to 82,700 this month, reveals Rightmove.
- Home loan volumes increase 23%
- Tue, 11 Aug 2009, 10:32 GMT
- The number of home loans advanced in June increased 23% to 45,000, according to the Council of Mortgage Lenders.
- Buyer interest slows
- Tue, 11 Aug 2009, 09:21 GMT
- Buyer interest began to slow in July, according to the Royal Institution of Chartered Surveyors.
- Bank to further boost central reserves
- Thu, 6 Aug 2009, 13:39 GMT
- The Bank of England has committed to further increase its reserves by £50bn to £175bn.
- House prices to surge 20% by 2014
- Mon, 3 Aug 2009, 10:35 GMT
- The average house price will surge 20% to £227,800 in 2014, according to the National Housing Federation.
- Prime London price growth slows
- Fri, 31 Jul 2009, 08:48 GMT
- Prime London price growth has slowed, with the average property price up just 1.5% to £3.8m in July, according to Knight Frank.
- House prices up 1.3% in July
- Thu, 30 Jul 2009, 09:00 GMT
- The average house price increased 1.3% to £158,871 this month, according to Nationwide.
- Sales down 48%, reveals Land Registry
- Tue, 28 Jul 2009, 14:36 GMT
- Sales volumes declined to 30,997 per month between January and April.
- Summer slowdown continues for new buyer registrations
- Mon, 27 Jul 2009, 16:37 GMT
- The growth in new buyer registrations slowed to just 2.8% this month, according to Hometrack.
