The latest Rightmove House Price Index is out and it's showing that house prices have seen the lowest annual increase since 2013. So what does this mean for Britain's 'broken housing market'? James Lockett, Head of Communications of eMoov, joined Nigel Cassidy on Share Radio Breakfast to shed some light on the matter.
Russell Quirk, Founder of the online estate agent Emoov, joined Juliette Foster on Share Radio Breakfast to discuss the latest House Price Index released by the lender Nationwide. The index found house prices rose at their slowest annual rate in more than a year last month.
Russell Quirk, CEO of eMoov, joined Share Radio Breakfast to offer immediate reaction to Halifax's latest House Price Index. The findings reveal that confidence in the UK housing market has fallen to its lowest point in three years, yet the majority still expect house prices to go up. So, what to make of the numbers, and how relevant is the index? Russell explains.
After a summer which saw more uncertainty, annual UK house price growth suggests the post-Brexit property market is stabilising. We’ve now had three months of figures showing price growth has remained robust, and households across the UK perceive that the value of their home rose in November. That’s according to the latest House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit. To discuss the data, Oliver Knight, an Associate at Knight Frank, joined Share Radio Breakfast.
The UK's housing market is in crisis. Its widely agreed that the acute shortage of homes, the gap between supply and demand, isn't going to be bridged without a huge shift in approach. The UK should ideally be building around 300 thousand homes to reduce the deficit in supply, though last year we managed little more than half that. The Building Societies Association might usually be seen as mainly concerned with lending and interest rates, but today it's bringing out a report which outlines the need to make the most of new building technologies. Paul Broadhead, Head of Mortgage Policy at the Building Society Association, joined Share Radio to discuss.