U.K. house-price growth accelerated in February to the fastest in seven years as London led a recovery that’s spreading across the country.
London led an increase in U.K. home prices last month, a report showed today, as Ernst & Young LLP’s Item Club said the city’s property market risks overheating.
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.
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 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 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 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.
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 prices rose the most in three years this month, led by a surge in London, as demand outstripped supply.
"The continued imbalance between supply and demand indicates we can expect further upward pressure on prices in the months ahead."
- Richard Donnell on Mar 02, 2014