Recently the drop in UK house prices accelerated. Surveyors reported the most pessimistic conditions since 1978. House prices falling at fastest rate since 1978 (link) The house price falls are worst in areas such as Northern Ireland, the South West and East Anglia. Areas least affected include London, Yorkshire, and Scotland. Lower prices are being [...]

The last few months have increased the likelyhood of falling house prices in the UK. These factors could contribute to housing price fall  Increase in Mortgage Rates. Many banks are increasing their interbank lending rate; this is being passed on to consumers. Therefore, there is an increasing gap between the Bank of England’s base rate [...]

House prices in the UK now average at over £200,000. Yet, 15 years ago, they averaged less than £70,000. Some of the reasons for the large increase in house prices include: Increase in Population. Boosted by immigration, the UK population now exceeds 60 million. Increase in Households. There are more single people living alone now. [...]

There is uncertainty about the future direction of house prices in the UK. Forecasts range from a collapse of 20%, to moderate increases of 2-3%. The mean prediction is probably for house prices to stagnate. However, within this house prices are likely to vary within geographical regions. For example, Scottish house prices have continued to [...]

House prices in the UK have increased by 179% in the past decade. This is far higher than the consumer price index. The CPI has averaged 2.0%, compared to an annual house price inflation of 17.9% Areas which have seen the fastest increases in prices include: London, South East Midlands However, the outlook for 2008, [...]

“In 2000 the average price was 108,891 pounds; it is now more than twice that at £230,504 pounds. Therefore, when we concentrate on decelerating house prices it is important to remember how much they have risen. In the past 10 years, the average house price in the UK has been driven higher by various factors: [...]

Since 1997, UK house prices have risen by 213%. The current annual rate of house price inflation is 6.3% (although this hides recent monthly falls. How do UK House prices compare to the rest of the world. These are some selected statistics for House prices in the rest of the world since 1997 South African [...]

After an unprecedented decade of rising house prices, it looks like the long boom in housing prices is coming to an end. According to the Royal Institution of Chartered Surveyors, house prices in some regions have fallen for the first time since 2005. Whilst these price falls may be temporary and a result of volatile [...]