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CEBR predicts drop in house prices next year

CEBR predicts drop in house prices next year

The Centre for Economics and Business Research (CEBR) is predicting a significant drop in the average price of a house from next year, due to the effect of COVID-19 on the economy. In a recent report, CEBR has forecasted that the housing market will start to see this...
Record high for UK house prices

Record high for UK house prices

The most recent House Price Index put together by Nationwide shows that the average price of a home in the UK has hit its highest level in over a decade and a half. This index reveals that house prices across the UK enjoyed a rise of 2% during August, once external...
House prices enjoy biggest rise in six years

House prices enjoy biggest rise in six years

New figures published by Home show that the average price of a house in the UK has undergone its biggest rise in over six years, with several factors likely to be responsible for this. The property search website’s Asking Price Index for July shows that the average UK...
Why did house prices fall again in May?

Why did house prices fall again in May?

There was another drop in the average price of a house in the UK during May, according to the Halifax price index, with the likely cause of this being continued effects of the coronavirus crisis and lockdown restrictions. The house price index for May shows that...
April house price fall – what is behind it?

April house price fall – what is behind it?

The most recent index published by the Halifax has revealed that house prices in the UK experienced a drop of 0.6% compared with the month before, but what is behind this price drop? Unsurprisingly, the fall during that period is being largely attributed to the impact...
Sharp house price fall predicted due to coronavirus

Sharp house price fall predicted due to coronavirus

The latest UK housing market forecasts are predicting a 3% drop in average house prices over the course of 2020, due to the ongoing effects of the coronavirus pandemic. Should the lockdown imposed by the government continue until the close of May, the Knight Frank...