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Macro-economic pressures take their toll as house price growth stagnates
Wednesday, 14 December 2022Latest ONS HPI figures have been published this morning and show average UK house prices increased by 12.6% over the year to October 2022, up from 9.9% in September 2022.
Tags: Search Acumen
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Latest HMRC figures show a small but steady increase
Tuesday, 22 November 2022Search Acumen (property data insight and technology provider) comments on HMRC’s property transactions data for October 2022.
Tags: Search Acumen
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Expect to see further declines coming down the tracks…
Thursday, 17 November 2022Remaining largely unchanged, on a seasonally adjusted basis, the average UK house price increased by 0.1% between August and September 2022
Tags: Search Acumen
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Transaction times have never been in sharper focus
Friday, 21 October 2022Search Acumen (property data insight and technology provider) comments on HMRC’s property transactions data for September 2022: Non-seasonally adjusted estimate of UK residential transactions in September 2022 remains on par with August 2022, with 0% change
Tags: Search Acumen
Posted in associate news
Today’s 1.1% rise in house prices for August may be the last we see for some time as consumer confidence hits the breaks
Wednesday, 19 October 2022On a seasonally adjusted basis, average house prices in the UK increased by 1.1% between July and August 2022, following an increase of 1.3% in the previous month.
Tags: Search Acumen
Posted in associate news
The Great Wealth Escape: one in three high-value homebuyers venture beyond London
Monday, 26 September 202223% of the 1,000 most expensive homes to change hands in England and Wales last year were located outside Greater London, up from 13% in 2018. Data for 2022 so far indicates 34% of high-value homes are situated outside the capital.
Tags: Search Acumen
Posted in associate news
Search Acumen comments on Stamp Duty reforms
Friday, 23 September 2022Andy Sommerville, Director of Search Acumen, comments on today’s Stamp Duty reforms announced in the Chancellor of the Exchequer’s Growth Plan Statement.
Tags: Search Acumen
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Search Acumen comments on today’s Bank of England interest rate decision
Thursday, 22 September 2022Analysis by Search Acumen of official data shows in the 14 years since the Bank of England base rate last exceeded 2%, the average UK house-price-to-income ratio has increased from 7.7x in November 2008 to 9.8x in July 2022. Historic data from Halifax indicates the house price-earnings ratio was lower than 3.0 from 1951-71.
Tags: Search Acumen
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Without supply-side reforms to boost housing stock, it can only mean one thing for house prices
Wednesday, 21 September 2022Today’s transaction figures from HMRC show that property transaction levels remain elevated compared with pre-pandemic levels, which is a reflection of robust and sustained demand, despite cost-of-living pressures facing many households across the country.
Tags: Search Acumen
Posted in associate news
Housing policy must prioritise bytes alongside bricks
Wednesday, 7 September 2022“It’s bizarre to think the job of Housing Secretary has become such a fleeting, high-turnover role when most people spend a big chunk of their youth stretching for the funds to get onto the property ladder and then three decades or more paying their mortgage.
Tags: Search Acumen
Posted in associate news