housing-market
Top StoriesAnalysis-Spasms in UK Mortgage Market Spell Pain for Homeowners, Economy
Top StoriesUK Construction Growth Edges Up, Despite Housing Slump: PMI
Top StoriesUK House Prices Fall by Most Since 2009, Higher Rates to bite-Nationwide
Top StoriesUK Housing Market Weakness Continues, Improvement on the Horizon – Rics
UK House Prices Rise for 3rd Month in a Row, Halifax Says
Date: April 6, 2023
LONDON (Reuters) – British house prices rose for a third month in a row in March, representing a further calming of the market after the turmoil sparked by former Prime Minister Liz Truss’s “mini-budget” last September, data from mortgage lender Halifax showed. House prices rose by 0.8% in month-on-month terms, Halifax said on Thursday, the...
Germany Home Prices to Sink Nearly 6% This Year – Reuters Poll
Date: February 28, 2023
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought as higher interest rates dampen demand, according to analysts in a Reuters poll who said rental affordability in urban areas would worsen over the coming years. Twin pressures from a high inflation-induced cost of...
UK’s Barratt Cuts Dividend as Housing Slowdown Bites
Date: February 8, 2023
By Aby Jose Koilparambil (Reuters) -UK housebuilder Barratt on Wednesday cut its mid-year dividend by 9% amid a slowing market and dwindling cash and said it plans to cut operating costs if bookings fail to improve over the coming months. The country’s housing market has slammed into reverse as soaring inflation curbs spending power, with...
UK House Prices Stabilise After Four-Month Fall, Halifax Says
Date: February 7, 2023
LONDON (Reuters) – British house prices were unchanged in January after falling in month-on-month terms in each of the previous four months as borrowing costs rose, mortgage lender Halifax said on Tuesday. The annual rate of house price growth slowed to 1.9%, the weakest increase in three years, Halifax said. Britain’s housing market saw a...
Hong Kong Home Prices Drop 15.6% in 2022, Snap 13 Years of Gain
Date: January 27, 2023
(Reuters) – Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the first annual drop since 2008, official data showed on Friday. Prices in the Asian financial hub were weighed down by a weak economic outlook and rising mortgage costs, following a COVID-19 outbreak...
Asking Prices for UK Homes Rise After “mini-Budget” Shock – Rightmove
Date: January 16, 2023
By Suban Abdulla LONDON (Reuters) – Asking prices for British homes rose for the first time in two months as the housing market showed signs of calming after the turmoil triggered by former prime minister Liz Truss’s “mini-budget”, property website Rightmove said on Monday. Asking prices for residential properties increased by 0.9%, or 3,301 pounds...