Latest News

Northern Ireland house prices end the decade showing continuous growth

19 February 2020

The Northern Ireland Statistics and Research Agency have released their findings for the Northern Ireland House Price Index for the period between October and December 2019 and show the positive figures from previous quarters have continued throughout the year. Read More...

Scotland house prices end the year over 2 per cent higher

19 February 2020

The most recent report from the Registers of Scotland has revealed the average house price for a property in Scotland during December 2019 was £151,603, an annual price increase of 2.2 per cent. Read More...

£16 million to go to survivors of domestic violence

17 February 2020

Housing Secretary Robert Jenrick confirmed that 75 councils across England will benefit from funding to help boost their domestic abuse refuge services. Read More...

Christopher Pincher is tenth Housing Minister in a decade

14 February 2020

Christopher Pincher MP has been appointed Housing Minister in the cabinet reshuffle replacing Esther McVey. Mr Pincher is the MP for Tamworth and was previously the Minister of State for Europe and the Americas. Read More...

MHCLG responds to business rates concerns

12 February 2020

The Ministry of Housing, Communities and Local Government (MHCLG) has responded to Propertymark’s concerns about the level of business rates faced by agents on the high street. Read More...

UK House Price Index – latest figures

Friday 18 October 2019

The latest UK House price index shows that, on average, house prices have risen by 0.8 per cent between July and August 2019. An annual price rise of 1.3 per cent makes the average property in the UK valued at £234,853

In England, the August data shows that, on average, house prices have risen by 0.8 per cent since July 2019. The annual price rise of 1.1 percent takes the average property value to £251,233.

The North East experienced both the greatest monthly (3.1 per cent) and annual (3.3 per cent) price rise. London saw the both most significant monthly (1.3 per cent) and annual (1.4 per cent) price fall. In Wales, on average, house prices have risen by 2.3 per cent since July 2019. An annual price rise of 4.5 per cent takes the average Welsh property value to £168,318.

The Bank of England’s Agents‘ summary of business conditions – 2019 Q3 (https://www.bankofengland.co.uk/agents-summary/2019/2019-q3) reported that the housing market softened, reflecting a lowering of both supply and demand. Demand for lower-priced properties was more resilient. 

The Bank of England’s Money and Credit release (https://www.bankofengland.co.uk/statistics/money-and-credit/2019/august-2019) reported that mortgage approvals for house purchase decreased in August 2019 to 65,500. This is down from the previous peak seen in July 2019 of 67,000 but remained within the range seen over the past 3 years.

Propertymark’s Housing Market Reports

Propertymark’s own Housing Market Reports provide crucial insights by our members, such as the supply of available properties, demand for properties, market trends, and more.

Housing Market Reports