Confidence and activity in the housing market at lowest level since the referendum

Housing market activity and confidence are now lower than at any point since the referendum to leave the European Union, according to the Royal Institution of Chartered Surveyors. Its monthly residential market survey found that demand from new buyers and agreed sales had fallen again, partly due to a new caution over a potential interest rate rise and a slowing […]

manager No Comments October 13, 2017 6:26 am

Housing market speeds towards ‘crisis point’ as average price rises £10,000 in a year

House prices in the UK increased by £10,000 in the last year on average, according to official figures, with estate agents warning that affordability of houses is reaching “crisis point”. The average property price in June was £223,257, compared to £214,000 in June 2016, the Office for National Statistics said. On a month-by-month basis, house […]