Market Update
What’s up; what’s down - The Negotiator’s guide to the latest market trends
- Industrial Revolution
- Fri, 10 Oct 2008, 15:29 GMT
- Cardiff has undergone a transformation that has seen it cast away its reputation as an industrial city to become a leader in the financial sector. This has made Cardiff an attractive choice for a new generation of young professionals.
- Northern Light
- Fri, 12 Sep 2008, 16:27 GMT
- Manchester’s sales market is suffering along with the rest of the country, but the capital of
the North’s lettings market is proving resilient, thanks to the local university students.
- Regional Focus : Brighton
- Fri, 11 Jul 2008, 10:57 GMT
- Property demand in Brighton and Hove has rocketed thanks to the overspill from London with asking prices proving resilient thanks to homeowners' question for affordable housing.
- Consider the law of gravity and the outlook is not as rosy as some say
- Fri, 27 Jun 2008
- The problems the market is facing are part of a global phenomenon so there is a large degree to which your hands are tied. To think otherwise is folly
- Inflation may be rising and asking prices too high but there is hope
- Fri, 27 Jun 2008
- Estate agents can expect a boost from the next generation of first-time buyers
- Unsold stock hits record levels
- Fri, 27 Jun 2008
- The average level of unsold stock per agency branch has increased from 73 to 75 properties, according to Rightmove’s House Price Index for June. It is the highest level the property portal has ever recorded for June.
- Regional Focus : Birmingham
- Fri, 13 Jun 2008
- Young professionals are fuelling the lettings market in Birmingham and helping to offset the effects of the credit crunch.
- The mortgage market
- Fri, 13 Jun 2008
- The fallout from the US sub-prime mortgage market is still hitting the UK, with lenders’ stringent criteria showing no signs of abating, so buyers face largely unattractive deals at least until the end of the year.
- Transaction volumes fall to 30-year low
- Fri, 13 Jun 2008
- Property transactions plummeted to their lowest level in 30 years in May, the Royal Institution of Chartered Surveyors’ housing market survey reveals.
- House sales will plummet 35% predicts the CML
- Fri, 30 May 2008
- House sales will be around 35% lower in 2008, compared with last year, according to forecasts from the Council of Mortgage Lenders
- Regional Focus : London
- Fri, 16 May 2008
- London’s high exposure to market volatility means its property can suffer the biggest price falls across the UK, but the upside is that it stands to enjoy the quickest recovery.
- Ombudsman reveals 86% surge in lettings disputes
- Fri, 16 May 2008
- Lettings are expected to dominate the Ombudsman for Estate Agents’ agenda in 2008 following an increase in new lettings dispute cases.
- Halifax calls on market to stay calm despite house price slump
- Fri, 16 May 2008
- House prices slumped 0.9% in April to £189,027, compared with £196,262 in the same period last year, Halifax’s House Price Index reveals.
- RICS reveals unsold property stock increase despite further price falls
- Fri, 16 May 2008
- A massive 68% more chartered surveyors reported a fall in new buyer enquiries in April, new data from the Royal Institution of Chartered Surveyors reveals. This compares to 51% in January.
- Industry challenges estate agency closure figures
- Fri, 16 May 2008
- A number of leading industry pundits have called into question the credibility of a recent claim that 150 estate agents are being forced to close each week.
- More sellers are expected to by-pass estate agents in future
- Fri, 9 May 2008
- Private property sales are expected to surge to around 20% by 2020, a leading property developer has revealed.
- Good estate agents will survive
- Fri, 9 May 2008
- A massive 64% of estate agents and solicitors believe that the current economic climate will enable competent estate agents to flourish, a new survey from Geodesys, the search division of Anglian Water,reveals.
