housing market update

"House prices grew by 0.5% in September, according to Nationwide. That put price growth at 1.1% over the last three months and 2.5% over the last year, surprisingly strong numbers given the lingering uncertainty in the market."

"House prices fell by -0.1% in August according to Nationwide. House price growth over the last three months was -0.4%, which has seen annual house price growth slow to 2.3%, down from 2.4% last month."

"House prices rose by 0.6% in July (seasonally adjusted) according to Nationwide. House price growth over the last three months was 0.2%, the first positive recording, albeit marginal, since the Stamp Duty Land Tax (SDLT) changes on 1st April."

"House prices fell by -0.8% in June on a seasonally adjusted basis, according to Nationwide. This was the biggest monthly fall since the period following the 2022 mini-budget, and leaves values down -0.6% since the start of the year."

"House prices rose by 0.5% in April, according to Nationwide. Annual house price growth sat at 3.5%, a slight increase from 3.4% in April. The monthly increase may indicate that the market is stabilising after the sizable monthly falls in April that followed changes to the Stamp Duty Land Tax (SDLT) thresholds."

"The passing of the Stamp Duty deadline on 1st April has led to demand softening and some price falls, as is typical following increased Stamp Duty obligations. Price growth is likely to remain muted through Q2."

"Stamp Duty changes take some of the heat out of the market, with economic uncertainty ahead"

"Cautious positivity in the sales market, but development continues slump"

"Data from TwentyCi suggests that housing market activity in the first month of the year was around 13% higher than the same time last year. This builds on the momentum seen during the final months of 2024, when mortgage approvals returned to the pre-pandemic norm according the Bank of England"