Scots house prices bucking trend
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House prices in Scotland are falling more slowly than elsewhere in the UK, according to research. The Royal Institution of Chartered Surveyors&#39; housing market survey showed UK prices had fallen at their steepest rate for nine years.
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The housing market has peaked but is not heading into the abyss, analysts said today, as figures showed property price falls for the fourth consecutive month.
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House price inflation accelerated in July to 14.3 percent year-on-year, from 13.9 percent in June, official data shows, showing the property market still had plenty of momentum this summer.
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The average house price in the UK has now reached Â£201,090, says the DCLG.
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HOUSE prices fell at their sharpest rate for four years in October, producing further evidence that the Bank of Englandâs interest rate hikes have ended the property boom.
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Property prices in Scotland are still looking healthy, despite the steepest fall in nine years across the rest of the UK. The latest survey from the Royal Institution of Chartered Surveyors shows that while
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House prices rose by just 0.2% in September as the market continued to show signs of slowing down. It follows a rise of just 0.1% during August, said the Nationwide Building Society.
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Business & money: House prices in England and Wales increased by 9.1% in the year to April, one of the highest annual rises in two years.
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Business & money: House prices rose by just 0.8% last month as the planned June 1 start date for home information packs drove more sellers on to the market.
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The International Monetary Fund has warned of a possible sharp fall in UK house prices, according to reports. The IMFâs World Economic Outlook said that, based on interest rate
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New figures suggest buying to let - a phenomenon of the housing boom - could be waning.
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The latest rise in UK rates is set to cool housing activity, the Nationwide says, although price growth remains resilient.
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Signs of a housing slowdown are now beginning to surface across the UK as a fall in the number of new buyers has now created a surplus of properties, suggests the latest Hometrack house price survey.
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By Malcolm Moore, Economics Correspondent (Filed: 04/12/2004). House prices fell in November for the third time in the past four months and will fall by around 2pc next year, according to the latest figures.
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House prices in the UK are heading for a crash, warn the world&#39;s money men. Soft landing, please, say Britain&#39;s estate agents.
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UK house prices rebounded in January after falling the previous month, suggesting a five-year housing boom may be ending without a slump, the nation's third-biggest mortgage lender said.
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Banking giant Halifax today said that house prices would fall by 2% fall next year and that interest rates had peaked. Its negative outlook for the property market is in contrast to the 2% rise predicted by