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This month we see that customers are now ‘just getting on with it’ when it comes to moving house and feel confident in doing so as they are looking at the long-term picture, rather than the immediacy of what may or may not occur with Brexit.
The report suggests the annual rate of growth over the last twelve months was one of the lowest we’ve seen in recent years, which given the twelve months of Brexit-led headlines and uncertainty isn’t entirely surprising
The Nationwide report suggests a modest level of growth both month on month and year on year.
The UK high street may have been quieter than anticipated prior to Christmas, but the property market in December appeared to exceed seasonal expectations.
It’s positive to see that more stock is coming on to the market, and that vendors apparently have more realistic expectations with regards their asking price.
Data released from Halifax indicates a modest year on year increase in average prices in December.
The report released by the Nationwide indicates that annualised house price growth softened and prices cooled month on month in December.
Overall activity in November was very much in line with expectations for the time of year, in spite of ongoing political and economic uncertainty due to Brexit negotiations.
The report released by the Halifax this morning suggests that annualised house price growth softened and prices cooled month on month in November.
The report issued by the Nationwide is based on lending for house purchases at post survey approvals stage and therefore provides us with a good indicator of UK housing market activity from one of the country’s biggest mortgage lenders.
October saw significant regional differences which have been becoming apparent for some time.
Today’s report suggests that asking prices have cooled over the last month.
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