Posts Tagged ‘average’
House prices back to 2006 levels
New figures from the Land Registry show house prices in England and Wales back to summer 2006 levels, having risen by 0.1% in June, compared with May.
Last month, the typical home sported an annual gain of 8.4%, taking the average house price to £166,072.
All ten regions of England and Wales experienced annual rises, with London [...]
Asking prices stall as stock levels rise
The average asking price of a UK home has remained stable in July, with growth stalled by a surge of properties for sale.
According to FindaProperty.com’s latest House Prices and Affordability Index, a combination of sellers keen to take advantage of recent price growth, and renewed confidence following the Budget, resulted in stock levels rising by [...]
SVR huggers miss out on cheaper mortgage payments
New research from Yorkshire Building Society shows that the number of mortgage borrowers now on their lenders’ standard variable rates (SVRs) is over 2.3 million, representing 28% of the total mortgage market.
Typically these households have come off fixed-term deals and for one reason or another have chosen to revert to their lenders’ SVRs, rather [...]
Bovis reports “solid” private sales
Bovis has reported a steady half year in terms of sales, although the new homes market remained “subdued” with first-time buyers limited by “liquidity issues”.
However, the house builder delivered “solid” weekly private sales rates in the six months to the end of June 2010, and achieved prices that were ahead of expectations.
During the period, the [...]
House prices lose 0.6% in June
UK house prices fell by 0.6% in June, following a similar decline in May, Halifax has reported.
The average value of a home stood at £166,203, with the annual rate of gain easing back to 6.3%, compared with 6.9% in May.
That being said, prices in the April to June quarter were largely unchanged compared with the [...]