Has UK housing market run out of steam? Momentum slows, data shows

Housing market activity slowed sharply in December as the latest coronavirus restrictions had a negative impact on the sector. The latest residential market survey from RICS shows that while activity in the housing market has continued to increase, momentum has dropped significantly, and this trend looks set to continue. “Viewings across our businesses are down aroundContinue reading “Has UK housing market run out of steam? Momentum slows, data shows”

Latest UK house price jump could ‘scare off first-time buyers’

The latest house price data suggests that many people who do not yet own property will not do so for quite some time. The cost of the typical UK home has risen to more than £250,000 for the first time, according to Halifax.