Reports
Nationwide House Price Review and Forecast: A relatively soft landing is still achievable
- Housing market remained remarkably resilient with annual house price growth in double digits before the mini-Budget
- Hard for the market to regain momentum with economic headwinds set to strengthen
- Relatively soft landing may still be achievable in 2023, with activity stabilising modestly below pre-pandemic levels and house prices edging lower, perhaps by around 5%
Annual house price growth slows sharply in November
- Annual UK house price growth slowed to 4.4% in November, from 7.2% in October
- Prices fall 1.4% month-on-month – biggest fall since June 2020 – following 0.9% drop in October
Sharp slowdown in annual house price growth in October
- Annual UK house price growth slowed to 7.2% in October, from 9.5% in September
- Prices fall 0.9% month-on-month – the first monthly decline since July 2021
Annual house price growth slows to single digits in September
- Modest slowing in annual UK house price growth to 9.5% in September, from 10% in August
- 10 of the UK’s 13 regions recorded slower annual price growth in the third quarter of the year
- South West was the strongest performing region once again, while London remained weakest
Annual house price growth slows but remains in double digits
- Annual UK house price growth slowed to 10.0% in August, from 11.0% in July
- Prices up 0.8% month-on-month after taking account of seasonal effects
- Average house price rises by almost £50,000 in two years
National Parks and Areas of Outstanding Natural Beauty boost house prices by up to 25%
- 25% premium for a property situated within a National Park
- 7% premium for a property within 5km of a National Park
- 13% premium for a property located in Area of Outstanding Natural Beauty (AONB)
Annual house price growth stays in double-digits as July sees twelfth successive monthly increase
- Annual UK house price growth increased slightly in July to 11.0%, from 10.7% in June
- Prices up 0.1% month-on-month after taking account of seasonal effects
Annual house price growth slows in June, but remains in double digits
- Modest slowing in annual UK house price growth to 10.7% in June, from 11.2% in May
- Most regions saw slight slowing in annual growth in Q2
- South West overtook Wales as strongest performing region, while London remained weakest
- South West also strongest performing region through the pandemic
House prices post tenth successive monthly increase in May to keep annual price growth in double-digits
- Annual UK house price growth slowed modestly in May to 11.2%, from 12.1% in April
- Prices up 0.9% month-on-month after taking account of seasonal effects
Rural areas have seen biggest rises in house prices
- House prices in predominantly rural areas have risen by 29% over last five years, compared to 18% in predominately urban areas
- Rural detached properties have seen strongest rates of price growth, urban flats the weakest
- 13 of the top 20 local authorities for house price growth in 2021 classed as rural
House price growth slows in April but remains in double digits
- Annual UK house price growth slowed modestly to 12.1% in April, down from 14.3% in March
- Prices up 0.3% month-on-month after taking account of seasonal effects
- Poll reveals 38% actively moving or considering move
UK house price growth surges to its highest level since 2004
- Annual house price growth increased to 14.3%, from 12.6% in February
- Wales remained strongest performing region in Q1 2022, while London remained weakest
- Detached properties have increased by nearly £68,000 since onset of pandemic, while average flat prices up £24,000
