U.K. house prices rose in all regions of the country for the first time in more than six years last month as low mortgage rates helped the property revival to broaden, Hometrack Ltd. said.
U.K. house prices fell for a third month in September on weakening demand that may continue to weigh on property values, Hometrack Ltd. said.
U.K. house prices rose the most in more than six years this month amid a continued increase in demand that’s being partly driven by government measures.
London homes changed hands at the fastest pace since 2007 in April as the capital’s property market drove a third month of U.K. house-price increases, according to Hometrack Ltd.
U.K. house prices dropped for a seventh month in November and the pace of decline may accelerate as weak consumer confidence erodes demand, property researcher Hometrack Ltd. said.
U.K. house prices extended their decline in January as demand plunged the most in three years on concern about the outlook for the economy, Hometrack Ltd. said.
U.K. house-price growth accelerated in August amid the strongest market conditions for six years as demand continued to outpace the number of homes for sale, Hometrack Ltd. said.
U.K. house prices rose the most in three years this month, led by a surge in London, as demand outstripped supply.
U.K. house prices fell for a third month in July and are likely to continue on a “downward trend,” property researcher Hometrack Ltd. said.
U.K. house-price growth slowed in July as more Britons offered their property for sale and demand cooled at the start of the summer, according to Hometrack Ltd.
"Over the last few years, the housing market has been split between a buoyant London, boosted by overseas demand, and a trend of falling prices across other regions."
- Richard Donnell on Sep 29, 2013