House prices news (July 2012)
Latest House prices news
UK house prices fall for first time since 2011
House prices have fallen for the first time in seven months, according to the latest report, which reveals that home values have fallen by 0.1 per cent throughout July. Prices fell across eight out of ten regions in July, with London the only region to register a price increase, up 0.1 per cent, though the rate of growth has slowed. The number of postcodes in the ...
30th Jul 2012
Perceived UK house prices fall
UK households in every region apart from London perceive that the value of their home has fallen, the latest Knight Frank/Markit House Price Sentiment Index (HPSI) suggests. According to the report, average house prices fell again in June, with around 17 per cent of households saying the price of their home declined, compared with eight per cent seeing the value of their ...
24th Jul 2012
House prices news archive
Olympic properties see substantial price rises
There has been a significant increase in the value of property located close to the site of the 2012 London Olympic Games since the capital won the bid to stage the sporting extravaganza, a new report reveals. Research carried out by Lloyds TSB shows that homeowners living close to the main site of the London 2012 Olympic and Paralympic Games have seen the value of their ...
23rd Jul 2012
New Town affordability 'very favourable'
Housing affordability for residents in New Towns is currently at its most favourable since the financial crisis began in 2007, according to a new report. New Towns were developed around historic cores and designated under various Acts of Parliament to disperse the population following World War II, and later to help relieve and allow for additional further growth further ...
10th Jul 2012
Scottish house prices 'unlikely to fall'
There is unlikely to be any further reduction in house prices in Scotland, according ot one expert who has predicted stability in the weeks and months ahead. Dianne Paterson, residential property partner at Russel + Aitken, said there will always be some volatility in house prices at higher levels from month to month, but overall it is unlikely that there will be a ...
9th Jul 2012
UK house prices rise in June
Property prices in the UK increased by one per cent in June, compared with the figure recorded in May, according to the latest Halifax House Price Index. The report shows that house prices remain slightly lower than a year ago, with home values in June 2012 being 0.3 per cent higher, while prices have also dropped over the past three months by half a per cent. Overall, ...
5th Jul 2012
Central London house prices 'have no upper limit'
There is no upper limit to central London property prices, according to one expert who has noted that the market is slowing down slightly, but the general feeling is one of stability. London property expert Nigel Ellis said he does not think there is a limit because it is a case of supply and demand, and there is only a limited amount of property. "With all of the ...
4th Jul 2012