Page 12 - Jonathan Hopper News Today

London property market weakest in the country

Statistical surge reflects average house price drop last July caused by end to £500,000 stamp duty holiday

Halifax reports the highest annual growth since 2004, despite the cost of living crisis

House prices shot up by 13% on an annual basis in June, says Halifax in its latest house price index. This is the strongest annual growth rate seen since late 2004. It translates to a monthly rise of 1.8%, itself the biggest monthly rise since early 2007, and puts the average house price at £294,845, according to

UK house prices continue to rise, but at the slowest annual rate so far this year. House prices increased by 1.0% in May, the eleventh consecutive monthly...

House prices in the UK increased by 10.5% annually in May, shows Halifax’s latest index. An eleventh monthly rise in a row saw prices go up by 1% by this metric, leaving the average house price at £289,099. Halifax says that compared to May last year, prospective buyers need £10,000 more to buy a flat and £50,000

Nationwide warns consumer confidence is falling

House prices in the UK rose by 11.2% on the year in May, reports Nationwide, which compares to an increase of 12.1% in April. On a monthly basis, prices went up by 0.9%, which is the tenth monthly rise in a row. The average house price in the UK now comes in at £269,914. Nationwide points to “strong labour market

An estimated 75 homes were reportedly damaged or destroyed when a suspected powerful tornado ripped through the small town of Forada in west-central Minnesota on Monday.

The UKs economic pain may be starting to have an impact, ONS figures showed today, with house price inflation still high but falling from 11.3% to 9.8%.