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Category: 10 Trends

Is a House Price Boom Coming Soon?

If you thought the property market was due for a Brexit crash or at least another year of prices going nowhere, you would have got an almighty shock when the Halifax House Price Index for February 2019 was released recently.

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ASKING PRICES CONTINUE TO FALL

Rightmove house price index for December 2018 shows that asking prices are still falling at a significant rate – down 1.5%, equivalent to a drop of £4,496 for the average property. The fall the previous month was 1.7%, giving a drop of 3.2% (or £9,719) over two months, the biggest two month fall since the same time of year in 2012.