Mortgage lender Halifax is predicting that house prices will not change significantly in 2012, bucking trends for forecasts that suggest the price of a house will drop by at least five percent next year. It its forecast Halifax, which is part of Lloyds Banking Group (LSE: LLOY), says it expects that prices will remain fairly [...]
New data from mortgage lender Halifax sows house prices down 0.9 percent in November over the previous month, while prices dropped 1 percent in the three months ending in November over the same period in 2010 and were down 0.6 percent than in the previous three months. The November decline came after Halifax, part of [...]
A new survey shows that only around a third of people in Britain believe that house prices will fall further next year. The survey, from Rightmove, shows that 63 percent of those surveyed think property values will either go up or remain steady in 2012, while just 31 percent believe home prices will drop next [...]
Nationwide Building Society has released new data showing that house prices were up slightly in the UK in November, adding 0.4 percent over October’s average, while they were up 0.2 percent in the past three months and added 1.6 percent compared to the average price last November. The figures, which are based on mortgages granted [...]
Property website Zoopla has released figures showing that asking prices for homes have been reduced by 7.4 percent, an average of almost £20,000, and that 40 percent of sellers have cut their prices in an attempt to attract buyers. Last November, the average cut in asking prices was at 6.1 percent. Prices are even being [...]
The Halifax has released new figures showing that house prices in the UK were up by 1.2 percent in October over September, although prices were 1.8 percent below their October 2010 levels. Additionally, the mortgage lender said that in the quarter ending in October, prices were down by 0.3 percent. The rise in month-on-month prices [...]
Property prices might be falling in most areas of the UK, but estate agents Knight Frank has reported that the price for a luxury home in central London, defined as a home worth £2 million or more, was up the most in over a year in October, adding an average 12.5 percent over October 2010. [...]
New figures from the Land Registry show that despite a gain in house prices in London, prices overall in England and Wales dropped in September. In London, the average price for a house was up 0.3 percent in September from August, while prices have risen 2.7 percent there over September 2010, but overall in England [...]
Estate agent Knight Frank is predicting that home prices in the UK will fall next year and not begin to rise again until 2014, with prices not returning to their 2007 highs until 2018. The estate agent believes that the average price for an upmarket home in London will rise by 5 percent next year, [...]
New data from Rightmove shows that asking prices for homes in England and Wales were up 2.8 percent overall this month, for their biggest gain since February. The data also revealed, however, that prices in the north were down 0.7 percent in October, but asking prices in the south, including greater London, added 4.7 percent. [...]
