House prices have risen across the country for the first time in 18 months amid a surge in confidence among buyers and sellers following the Tory election triumph. There has been ‘a noticeable pick-up’ in the housing market since Boris Johnson defeated Labour’s Jeremy Corbyn in December, the Royal Institution of Chartered Surveyors said. But … Read more
Confident house sellers are attempting to reap the rewards of a ‘Boris Bounce’ as they push average property asking prices back to near their all-time high. The average newly-listed home price rose £2,589 in the month to mid-February, or 0.8 per cent, to £309,399 – just £40 below the previous record high reached in June 2018. … Read more
House prices may fall by as much as 20% in the worst case scenario for a virus-hit property market, warn analysts The stock market is already pricing in a 12% fall in house prices, say analysts That would knock £28,000 off the average £234,700 selling price A fall of 20 per cent would knock £46,900 … Read more