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1. • • The building society said the drop represented a fall of £14,600 on a typical home in the UK since house prices peaked in August 2022. It said higher borrowing costs for buyers had led to a slowdown in activity in the housing market. Mortgage approvals are also about 20% below pre-Covid levels.
     www.bbc.co.uk/news/business-66680166

     House prices see biggest yearly decline since 2009 - BBC News

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   How did UK house prices fall in November?

   • Simply sign up to the UK house prices myFT Digest -- delivered directly to your inbox. UK house prices fell at the fastest pace in more than a decade in November, driven by a sharp decline in London, according to official data that reflects the impact of high interest rates on the property market.

   UK house prices fall at fastest pace in more than a decade

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   Why are house prices going up in the UK?

   • This is what is happening, and why. House prices in the UK have generally been going up since the financial crisis. The latest official figures, for March, show that trend speeding up. Property values were 10.2% higher than a year earlier - the fastest annual rate of growth for 14 years.

   Why house prices are rising so fast in a pandemic - BBC

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   Will house prices drop 10% in 2021?

   • In March, the Office for Budget Responsibility, which advises the government on the health of the economy, predicted that house prices will drop by 10% over the next two years. That would be about half the fall of the financial crisis of 2008 and would put prices back to autumn 2021 levels. But predictions are very uncertain.

   What is happening to house prices, and could there be a crash?

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   Are property prices going up?

   • The latest official figures, for March, show that trend speeding up. Property values were 10.2% higher than a year earlier - the fastest annual rate of growth for 14 years. This map from property portal Zoopla shows that, unlike recent booms, the biggest price rises have been outside of London and the South East of England.

   Why house prices are rising so fast in a pandemic | BBC News

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   Why are house prices falling?

   • The fall in prices reflects the effect of elevated mortgage rates on the housing market after the Bank of England raised interest rates from a record low of 0.1 per cent in November 2021 to a 15-year high of 5.25 per cent in a bid to tame high inflation.

   UK house prices fall at fastest pace in more than a decade

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   What happened to house prices in London in November 2022?

   • House prices were down 0.8 per cent between October and November, taking the average property to £285,000, some £6,000 lower than in November 2022. London was the worst-performing UK region, registering a 6 per cent annual contraction, the biggest since 2009.

   UK house prices fall at fastest pace in more than a decade

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3. www.ft.com › content › d4e9537f-a486-4b8a-bead-e51a4UK house prices fall at fastest pace in more than a decade

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   Jan 18, 2024 · UK house prices fall at fastest pace in more than a decade. ONS data shows biggest drop in London and reflects impact of high interest rates on property market. London was the...

   • Author: Valentina Romei

4. propertyindustryeye.com › one-in-three-propertyOne in three sales fall through as ... - Property Industry Eye

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   Jan 10, 2022 · One in three property sales in England and Wales fell through before completion in the final quarter of 2021 as the market returned to near normal. Some 34% of property sales fell through before completion in the final three months of last year, up from 11% in Q3 2021, according to new data from Quick Move Now.#.

5. www.bbc.co.uk › news › explainers-63147101What is happening to house prices, and could there be a crash?

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   Aug 1, 2023 · By Robert Cuffe & Christine Jeavans. BBC Data Journalism Team. House prices have been falling in recent months. That's because higher interest rates have made mortgages more...

6. www.bbc.co.uk › news › business-57260261Why house prices are rising so fast in a pandemic - BBC News

   www.bbc.co.uk › news › business-57260261

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   Property values were 10.2% higher than a year earlier - the fastest annual rate of growth for 14 years. This map from property portal Zoopla shows that, unlike recent booms, the biggest price...

7. www.bbc.co.uk › news › uk-58747051In need of modernisation? The UK’s housing crisis close up

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   Oct 1, 2021 · Thousands of people are saving to get on the property ladder - but not everyone who gets on it is a winner. Five stories from the UK’s ever-changing housing market.

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8. www.ft.com › content › 76e8b499/2381/463d-ac6d-9dThe global housing market is heading for a brutal downturn

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   Nov 12, 2022 · In September, new loans for house purchases were down 30 per cent from the same month last year. Property transactions in the UK were down by an annual rate of 32 per cent in September.

9. www.bbc.com › news › business-57260261Why house prices are rising so fast in a pandemic - BBC

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   Jun 1, 2021 · House prices in the UK have generally been going up since the financial crisis. The latest official figures, for March, show that trend speeding up. Property values were 10.2% higher than a...