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Archive for the ‘news’ Category

Global housing market at its weakest since 2009

Results for Q2 2011 

Global house prices rose 0.1% growth in the three months to June 2011, contributing to annual growth of 1.7%
 
Asia continues to outperform all other world regions, here prices rose on average by 8.0% in the last 12 months
 
House prices declined in 23 of the 50 countries monitored by the index in the last three months
 
Price growth is st …

Economic Gloom Hits Housing Market

The RICS UK Housing Market Survey for August released today reports the housing market remaining subdued and continuing to be caught by the overall economic gloom. The overall net price balance for housing edged down further into negative territory, from -22 to -23. This means that 23% more surveyors recorded falling rather than rising house […]

“Modest Improvement” – Who could as for any more?

The Halifax House Price Index (HPI) for August shows a monthly fall of -1.2% and annual change of -2.6%. However the Quarterly change, which can sometimes be seen as more stable, reports a 1.0% increase. This sets the average house price for the UK at £161,743 and is higher than the previous quarter. Although the […]

Surveyors continue to see London steaming ahead with price rises

Top headlines from the survey are:

House prices continue to decline
Price expectations negative albeit less so than previous month
London steams ahead with rising prices