Posts belonging to Category House Price Index

London Continues to Buck the Trend

The Land Registry House Price Index, seen the one of the most accurate covering all purchases whether via credit or cash, has again shown that in December London continues to buck the trend. The overall index was totally flat with a 0% change over the month, keeping house prices at an average of £160,384. This [...]

People searching – but where are the sellers

According to Rightmove, the early signs for 2012 shows an increase in search activity – up 27% on 2011 with 44 million property searches. Rightmove see this partially due to pent up demand due to the continuing lack of mortgage funding. They also believe that Estate agents are marketing the lowest number of properties ever [...]

Contradictory HPI figures show a fall in House Prices in 2011

After some relatively positive figures from the Nationwide’s House Prices Index, both the Land Registry November 2011 HPI statistics and the Halifax December 2011 HPI figures show a fall in house prices in 2011. December was a negative month for Halifax with a fall in prices by -0.9%, ending the final three months of 2011 [...]

House prices up in 2011, just!

With the overall economy having a rough and uncertain year in 2011, it is no surprise that the housing market would also suffer. However in comparison it has faired pretty well ending the year up by 1% over the course of 2011. Although not a massive positive move, it does demonstrate that the housing market [...]

Rightmove average asking price little changes over the year

The Rightmove December HPI sees only a 1.5% increase over the year 2011, ending quite an uncertain year pretty unchanged – albeit positive. The average asking price for December was £223,766 – down -2.7% in the month from Novembers Index. With RPI still at 5.2% this does actually represent nearly a 4% fall in real [...]

UK House prices Edge up further

The average house price in the UK increased by a small 0.4% in November. However in does continue the gradual increase in prices seen by Nationwide recently. Further the typical home is now 1.6% higher than 1 year ago, with an average house price of £165,798. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, [...]

London again the only region seeing an increase

  London is again the only region that has seen an increase in average property price over the last 12 months, according to the Land Registry. Overall in October England and Wales has seen a fall of -0.9% to leave the average house price at £159,999. This further represents a -3.2% annual changes since the [...]

UK Housing Market hit by Eurozone jitters

The Rightmove.co.uk House Price Index (HPI) for November 2011 sees a remarkable fall in house for sale prices and seller numbers. The November figures reported a large fall of -3.1% which is in complete contrast to the sizable positive 2.8% rise last month. This places the average asking price coming to the market at £232,144, [...]

House prices down on last three months.

The October House Price Index from Halifax reports that house prices in the preceeding 3 months where 0.3% lower than the 3 months before that. Other key facts: The monthly average house price change was 1.2%, placing the average house price at £163,311 The annual HPI change was -1.8%, however the average is marginally higher [...]

Halifax October HPI: Housing Market Resilient in face of shaky economy

The Halifax average house price for October stands at £163,311 – leaving the House Price Index (HPI) up 1.2% against September. However the less volatile quarterly percentage change is down -0.3% and annual change (3 months to October compared to the same period last year) down -1.8%. These figures continue the very mixed pattern to [...]