UK House Prices

Spain has announced a range of new measures aimed at prioritising housing for local Spaniards, including a 100% tax on non-EU nationals buying property.

After Canada's housing costs have increased by more than $200,000, many families have taken to living in tent-like structures, known as yurts.

The United Kingdom has witnessed a notable drop in the average cost of a two-year fixed-rate mortgage, falling below six per cent for the first time in nearly six months.

British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of former prime minister Liz Truss sparked turmoil across markets, a survey showed on Wednesday.

Britain saw the most widespread house price falls since early in the COVID-19 pandemic last month, as demand from buyers and sales activity slowed in the face of higher borrowing costs, a survey showed on Thursday.

The surge in British house prices will come to an end next year as the cost of living crisis and rising borrowing costs put the brakes on what has been a buoyant market for years, a Reuters poll found.

The Nationwide UK house price index for February reveals a slowdown after January's data sparked hopes of a bounce in the property market.

Figures from the Institute for Fiscal Studies show young middle earners are struggling to get on the property ladder.

House prices fall 0.6% month-on-month in January, driving annual growth down to its lowest level since July.

Biggest price cuts are in Knightsbridge, where sellers have sliced an average of £927,188 off asking prices.

Latest survey by Halifax finds fresh signs of market weakness.

RICS data shows house prices to fall in the capital and the south-east next year and drop could spark nationwide fall.

Average rents in London records fifth decline this year after falling 1.7% month-on-month in November.

Rightmove expects average house prices in England and Wales to grow at fastest pace in seven years in 2018.

A new "earthquake-proof" house will be built to fold in half and cost home buyers as little as £19000.

House prices in Manchester rose 7.9% compared to a year earlier in October, while prices in Birmingham were up 7.3%.

Some 37% of properties on the Rightmove website had reduced prices compared to when they were first listed.

Bank of England lifted interest rates for the first time in a decade last week, bringing the benchmark to 0.5%.

Some 56% of Britons are pessimistic of their chances of ever owning property, a survey by Ipsos and ING shows.

Sterling registers huge gains against dollar and euro with the Bank of England poised to hike interest rates.

Nationwide figures show UK house prices grew 2.5% year-on-year in October, up from 2.3% in September.

Royal Institution of Chartered Surveyors says its house price balance was unchanged at +6 during September.

Figures released by Halifax show prices grew 4% year-on-year in the quarter to September on the back of a shortage of properties.

A home at the prestigious west London address has an average value of £35.7m.

Prices in the capital fall 0.6% compared to a year earlier in the third quarter.

Drop in house prices in London drags average prices across Britain down 1.2% in September.

RICS survey shows steady growth in most regions, but London and the South East suffer slowdown.

Average price of a house or a flat in Britain was at £226,000 at the end of July.

New report shows house prices recorded the first quarterly increase since March in the three months to August.

Nationwide figures show house prices declined 0.1% month-on-month in August after two consecutive months of growth.