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Housing stock value in UK passes £5 trillion for the first time

The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading

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Hull led price growth in England and Wales at end of 2016

House prices in England and Wales ended 2016 up 3.1% year on year but some regions saw much higher growth, led by Hull with a 16.2% rise in values, the latest index shows. Overall prices were also up 0.4% in December month on month, taking the average price of a home to £297,678, according to […] The post Hull led price growth in England and Wales at end of 2016 appeared first on PropertyWire . Continue reading

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Property listings down in UK in December more than normal, latest data shows

Listings of new properties for sale in the UK fell by almost 50% in December which agents say is more than the usual seasonal slowdown, new research suggests. New listings fell by 46.9% with 98% of towns and cities seeing a decline on properties for sale compared to the previous month, according to the property […] The post Property listings down in UK in December more than normal, latest data shows appeared first on PropertyWire . Continue reading

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