The lack of a material overvaluation in UK home values means mortgage rates rising to 4% are not, on their own, sufficient to result in UK-wide price falls.
Housing Report July 2022
Agents reporting average time from offer accepted to exchanging contracts has been growing over the past two years. This month hit a new record with 41 per cent of agents reporting average times stretching over four months.
UK House Price by ZOOPLA June 2022
A lack of any major over-valuation of UK housing – thanks to mortgage regulation – means the market is in much better shape to weather the economic challenges ahead than in previous economic cycles, but it’s not immune.
Housing Report June 2022
The number of new buyers registering per member branch in June seems to have echoed levels seen in the winter months, with more of a peak over spring. This is what estate agents would expect from a traditional market. Supporting this trend, the average number of viewings per property has fallen from 6.2 in April […]
UK House Price by ZOOPLA May 2022
Sales market conditions are strong by any measure, but there are signals that the impetus in the market is slowing, and more price sensitivity in the market will spell a slowdown in price growth during the remainder of 2022
Housing Report May 2022
Despite recent murmurings of an impending slowdown in the property market, figures our agents reported for May appear to show the buoyant market continues. Perhaps as a result, lengthy waiting times from offer to exchange remain.
UK House Price by ZOOPLA April 2022
Check the full report for April 2022 here.
Housing Report April 2022
Check the full report for April 2022 here.
Housing Report March 2022
The number of offers accepted at or over the asking price has increased by four percentage points month-on-month to 84 per cent. That is the highest figure since our surveys began.
UK House Price by ZOOPLA March 2022
Continued high levels of buyer demand put upward pressure on pricing, with an average home value up +8.3% on the year
