House Prices Rise but Activity Remains Subdued
The latest UK House Price Index has revealed that average house prices in the UK increased by 5.0% in the year to August 2017 (up from 4.5% in July 2017). According to the Office for National Statistics, which published the Index, the annual growth rate has slowed since mid-2016 but has remained broadly under 5% […]
House Price Index Reveals Annual Price Rise
UK house prices rose by an average of 4.1% on an annual basis, taking the average property value to £215,847, according to March’s edition of the UK House Price Index (UK HPI). On a monthly basis, house prices have fallen by 0.6% across the UK since February 2017. Country Breakdown In England, the March data […]
Supply Constraints Drive Prices in Scotland
There has been steady growth in house sales and buyer enquiries in Scotland during March, and the number of properties coming onto the market continued to lag behind demand, pushing prices rapidly upwards. According to the latest RICS UK Residential Market Survey, the supply versus demand imbalance across Scotland led to 21% more surveyors reporting […]
Rent in Scotland Rising Above the Rest of UK
Between June and July this year, property rental prices rose by 10 per cent in Scotland, marking a considerable jump when compared to the 4.4 per cent rise in the UK in the same period last year. The figures, according to the July 2014 HomeLet Rental Index – the biggest monthly survey of private tenants […]
Confidence High in Scottish Property Market
People in Scotland are more confident about buying property compared to people in rest of the UK, despite the prospect of interest rates rising. These were the findings of the latest Halifax Quarterly Housing Market Confidence Tracker Report – the information for which was collected by surveying almost 2,000 people across the United Kingdom. The […]
Report Tracks House Price Changes
The Office for National Statistics (ONS) has recently published its House Price Index for March 2014, which gives an interesting insight into developments in house prices in all four UK countries, including average prices paid by existing home owners and first-time buyers. The Index shows that in the year to March 2014, UK house prices […]
