UK Housing Market Chart Pack Mortgage rates unlikely to reverse recent jump While interest rates are unlikely to rise as high as investors expected in the immediate aftermath of the “mini budget”, those hoping that the surge in mortgage rates since will be reversed are likely... 21st October 2022 · 10 mins read
UK Housing Market Chart Pack Deteriorating economic outlook hits sentiment We now think that the reduction in consumer real incomes due to high inflation will push the economy into recession this year. But the Bank of England is likely to have to keep on raising interest... 29th July 2022 · 8 mins read
UK Housing Market Chart Pack Rising mortgage rates begin to take their toll The rise in mortgage rates from a low of 1.5% last November to 1.8% in April is beginning to weigh on home purchase demand, with the new buyer enquiries balance of the RICS survey dropping into... 20th June 2022 · 8 mins read
UK Housing Market Chart Pack Pick up in London demand will be fleeting Despite the permanent increase in working from home, the end of pandemic restrictions has triggered a resurgence in demand in London’s rental and house purchase markets. Annual inflation in the ONS... 22nd April 2022 · 6 mins read
UK Housing Market Chart Pack Peak demand Most leading indicators of housing market activity and house prices remain strikingly buoyant, but the first signs that demand will soften are now appearing. There is no question that house prices... 24th March 2022 · 9 mins read
UK Housing Market Chart Pack Homeowners to keep on moving in 2022 Homeowners appear to be pressing ahead with plans to move house even though stamp duty is now fully reinstated. Transactions inevitably dipped last October as sales were rushed through in September to... 23rd February 2022 · 8 mins read
UK Housing Market Chart Pack London transactions outperform, but not prices The jump in transactions during the pandemic was larger in London than other regions as the market didn’t experience the same drop in supply as elsewhere. That reflected many existing homeowners... 25th January 2022 · 6 mins read
UK Housing Market Chart Pack Strength to persist into 2022 The continued strength of the housing market after the end of the stamp duty holiday shows that it was far more than the tax break that kept prices surging in 2021. The three key drivers of demand -... 23rd December 2021 · 8 mins read
UK Housing Market Chart Pack Little sign of momentum in prices abating The end of the stamp duty holiday has had remarkably little impact on buyer demand. If anything, the imbalance between strong home purchase demand and limited supply is intensifying. Indeed, Rightmove... 19th November 2021 · 8 mins read
UK Housing Market Chart Pack Residential demand returns to London While the UK has seen house prices boom over the past year, central London has not joined in as increased remote working led buyers to shun the capital for more space in the suburbs and further afield... 18th October 2021 · 6 mins read
UK Housing Market Chart Pack Prices to continue rising as stamp duty holiday elapses There is no doubt that demand cooled after the stamp duty discount was reduced. But a collapse in new listings has eclipsed the decline in new buyer demand, suggesting that prices will at least hold... 21st September 2021 · 8 mins read
UK Housing Market Chart Pack Robust demand and limited stock to support prices The housing market cooled in July as the stamp duty holiday began to unwind. Newly agreed sales and buyer enquiries dropped back, annual house price growth began to stabilise, and transactions fell... 25th August 2021 · 8 mins read
UK Housing Market Chart Pack Demand shifts towards outer London London house prices have underperformed the national average over the past year as the pandemic has led to a shift in demand away from inner cities. Arguably London was due a period of weaker price... 2nd July 2021 · 6 mins read
UK Housing Market Chart Pack Movers drive up sales to highest level since 2007 The housing market has had its busiest start to the year for 14 years as changing preferences due to the pandemic, forced saving, low mortgage rates, and the stamp duty holiday have led swathes of... 17th June 2021 · 8 mins read
UK Housing Market Chart Pack Underperforming, but not by much While London house price growth and transactions volumes have underperformed their national equivalents over the past year, they have been robust in absolute terms. Indeed, the peak in house price... 1st April 2021 · 6 mins read
UK Housing Market Chart Pack Tight market could drive prices higher still There were signs that buyer demand would hold up well this year even before the government announced the extension to the stamp duty holiday in the Budget. Since then, Google searches for property... 17th March 2021 · 8 mins read
