Why are people complaining so much about a fall in house prices. Many of us have been hoping for a fall in the price of property for a while - 28% according to a recent BBC poll. While only 22% hope they continue to rise and those are probably people who have recently bought property [...]
According to Nationwide the average property value in the UK has dropped by 12.4%. This means that on average a home in the UK now cost just £162,000; this figure was taken from Nationwide’s monthly house price index, which is based on its mortgage approvals over the period.
This current trough in the market is [...]
Why are people complaining so much about a fall in house prices. Many of us have been hoping for a fall in the price of property for a while - 28% according to a recent BBC poll. While only 22% hope they continue to rise and those are probably people who have recently bought property [...]
What is going on are house prices rising or falling? If you ask Nationwide property prices have fallen around 8%. Check out Prime Location and your property value has risen by almost 7%. The house price stats you see in the newspapers come from different sources that use different methods for working out the changes [...]
In the news today it seems Homeowners are starting to wage war against one another with aggressive price cuts. This is good news for buyers, but it is a clear indication that times are getting harder and the property market is continuing on a downward spiral.
The hardest hit areas for price drops are the East [...]
Doom and gloom still resides in the property market as many online news sources reported that the number of people moving is at its lowest point since records began in 1978. The RICs said this was down to difficulty for buyers trying to obtain home loans. According to the Halifax house prices continued to fall [...]
House prices in the UK are continuing to fall with 9 consecutive months of price drops and an annual fall of 8.1%.
According to a survey by Nationwide the average home is worth £169,000, which almost £15,000 cheaper than at the same time last year according to reports in the news today. Although the UK property [...]
According to some reports house prices have fallen for 8 consecutive months and the fastest for 16 years with Junes decrease in house prices falling by 0.9%. This is a smaller decline than the 2.5% drop in May, but it means that in comparison to the same time last year prices have fallen by a [...]
The news continues to remind us that property prices continue to plummet, property sales have plunged almost 15% from April to May. According to HM Revenue & Customs, which measures stamp duty payments, there were only 100,000 house sales in May down from 115,000 in April. In contrast with last years figure for the same [...]
Northern Ireland’s property market is experiencing tough times. In recent years it has seen annual house price rises of over 20% and increases of over 160% over the last 5 years, but it seems the party is now over. Northern Ireland’s property price increase has only risen 3% since the beginning of the year.
The most [...]