House prices plunge by average of £8,000 in 12 months to October
The average UK house price in October 2023 stood at £288,000, ONS figures show.
Source: express.co.uk
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All regions record house price falls in Q3: Nationwide – Mortgage Strategy
UK House prices are unchanged over the month but remain down 5.3% year on year (around £14,500), according to the latest Nationwide House Price Index. All regions recorded annual house price falls in the third quarter with the South West the weakest performing region, down 6.3% year on year Commenting on the figures,
Source: mortgagestrategy.co.uk
How bad mortgage crisis could get - from negative equity to being made homeless
EXCLUSIVE: A finance expert has told Express.co.uk of the key dangers facing homeowners if the mortgage crisis deepens.
Source: express.co.uk
House prices plummet at fastest rate since 2009
Average house prices fell 3.8 percent for the year to July.
Source: express.co.uk
House prices expected to fall by 11% as interest rates shatter confidence in the market
The UK property market is expected to experience a drop in house prices that could last until the second half of 2025, according to Oxford Economics. It comes after the Bank of England increased interest rates by 0.5 percent.
Source: express.co.uk