House prices 記録,記録的な/記録する fastest 年次の 落ちる since 2011, ONS 人物/姿/数字s show

  • Sold prices across the UK fell by 2.1% in the 12 months to November?
  • House prices in London fell the most of any UK 地域, 負かす/撃墜する by 6% year-on-year?
  • But some say the 住宅 market has since 改善するd and prices could now rise?

UK house prices 記録,記録的な/記録するd their fastest 年次の 落ちる since 2011 in November, によれば the 最新の 人物/姿/数字s from the Office of 国家の 統計(学) (ONS).

によれば the data, the 普通の/平均(する) sold price fell by 2.1 per cent in the 12 months to November 2023.

The typical home was 価値(がある) £285,000, which was £6,000 lower than a year earlier.?

Falling: Average sold price across the UK fell by 2.1% in the 12 months to November 2023

落ちるing: 普通の/平均(する) sold price across the UK fell by 2.1% in the 12 months to November 2023

House prices in London fell by more than any other UK 地域, 落ちるing by 6 per cent on 普通の/平均(する) over the past 12 months.

The South West of England also 登録(する)d a 4.1 per cent 年次の 落ちる in the 12 months to November.

At the other end of the 規模, house prices in Scotland and Northern Ireland rose by 2.2 per cent and 2.1 per cent それぞれ year-on-year.

In England, prices in the North East appear to have held up the most with the area only 登録(する)ing a 0.4 per 年次の cent 落ちる.

The ONS house price 索引 uses Land Registry data and is based on 普通の/平均(する) sold prices. This month's 人物/姿/数字s are based on a 一時的に 見積(る)s that could be 改訂するd up or 負かす/撃墜する in 未来 months.?

Heading down: Mortgage rates have been falling over the past few months with markets now forecasting the Bank of England base rate will begin being cut later this year

長,率いるing 負かす/撃墜する: Mortgage 率s have been 落ちるing over the past few months with markets now 予測(する)ing the Bank of England base 率 will begin 存在 削減(する) later this year

Market has 'turned a corner' say スパイ/執行官s?

While the ONS's 人物/姿/数字s are often seen as the most?包括的な of all the house price 索引s, it may not always 反映する what is happening in the market 権利 now.?

所有物/資産/財産 処理/取引s also often take months to 完全にする, meaning it could 反映する prices 存在 agreed some time ago.?

広い地所 スパイ/執行官s are (人命などを)奪う,主張するing the market has changed course this month まっただ中に 落ちるing mortgage 率s.

More than 50 mortgage 貸す人s have 削減(する) 居住の mortgage 率s since the start of the year, with the cheapest 取引,協定s now below 4 per cent.?

London's falling: The capital city recorded the biggest annual fall in house prices of any UK region, dropping by 6%

London's 落ちるing: The 資本/首都 city 記録,記録的な/記録するd the biggest 年次の 落ちる in house prices of any UK 地域, dropping by 6%

Simon Gerrard, managing director of Martyn Gerrard 広い地所 スパイ/執行官s, said: 'On the ground, it's (疑いを)晴らす the market has turned a corner.?

'We've seen a 20 per cent 増加する in people 登録(する)ing to buy a home compared to this time last year.

'This is unsurprising given the growing 競争 between 貸す人s―Barclays and Santander 削減(する) 率s on some of their offerings by up to 0.82 per cent last week.?

Alex Lyle, director of Richmond 広い地所 機関 Antony Roberts, 追加するd: 'Since the start of this year, 感情 has 改善するd hugely, 大部分は encouraged by what is happening with mortgage 率s.

House prices will RISE 3% in 2024, says 所有物/資産/財産 会社/堅い as it backtracks on 予測 of 4% 落ちる?

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House prices will rise 3 per cent this year, によれば a major 所有物/資産/財産 会社/堅い.

広い地所 スパイ/執行官 Knight Frank had 以前 予報するd a 4 per cent 落ちる by the end of 2024, but has flipped its 予測(する) into 肯定的な 領土 on the 支援する of 落ちるing インフレーション.

'買い手s are more committed than they were に向かって the end of last year but are still 存在 用心深い.?

'They remain very price 極度の慎重さを要する but there is a degree of 信用/信任 that this year will be better for the market than 2023.'

The 最新の house price 索引 from Halifax, which relates to its own 認可するd mortgage 使用/適用s, said that house prices rose by 1.7 per cent in the 12 months to December.?

一方/合間, Rightmove, which 跡をつけるs newly 名簿(に載せる)/表(にあげる)d asking prices each month, 明らかにする/漏らすd 所有物/資産/財産 asking prices went up in the month to January by 1.3 per cent. This was the biggest December-to-January 増加する it had 登録(する)d since 2020.

Rightmove also said the number of 可能性のある 買い手s 接触するing 広い地所 スパイ/執行官s about homes for sale in the first week of 2024 was 5 per cent higher than in the same period last year while 15 per cent more homes had also come to market.

The 所有物/資産/財産 名簿(に載せる)/表(にあげる)ing website also said the number of sales 存在 agreed is also 20 per cent higher at the start of this year than it was in the same period last year.?

Jonathan Hopper, 長,指導者 (n)役員/(a)執行力のある of Garrington 所有物/資産/財産 Finders says: 'The 今後-looking house price indices now 示唆する 普通の/平均(する) prices 港/避難所't just stopped 落ちるing, but are slowly starting to rise again.

'While today's surprise uptick in 消費者 インフレーション means mortgage 利益/興味 率s will now come 負かす/撃墜する more slowly than many had hoped, 買い手s are coming 支援する to the market and prices are stabilising as a result.'

No January blues: Prices typically rise from a quiet December into a busier January, but this price rise is the largest for January since 2020, according to Rightmove

No January blues: Prices typically rise from a 静かな December into a busier January, but this price rise is the largest for January since 2020, によれば Rightmove

What next for house prices??

Many within the 所有物/資産/財産 産業 are beginning to grow 確信して that we may even see house prices rise this year にもかかわらず many 商売/仕事s and 専門家s 予測(する)ing 落ちるing prices at the 支援する end of last year.

Earlier this week, the 広い地所 スパイ/執行官 Knight Frank said house prices would rise by 3 per cent this year having 以前 予報するd a 4 per cent 落ちる. It flipped its 予測(する) on the 支援する of 落ちるing インフレーション which it says will lead to 落ちるing 利益/興味 率s, which in turn will help galvanise the market.

広い地所 スパイ/執行官 Martyn Gerrard says that mortgage 率 削減(する)s will 強める when the Bank of England starts dropping the 利益/興味 率, which he 推定する/予想するs soon.?

'Once this takes place, I 推定する/予想する that we will see a lot of pent-up 需要・要求する 抑えるのをやめるd,' 追加するs Gerrard.

'The Bank of England's 決定/判定勝ち(する) at the next 会合 on 1 February will be pivotal in deciding the market's next move.?

'If they 削減(する) 率s, 推定する/予想する house prices to start 増加するing やめる quickly, as after all, we are still 直面するing a 所有物/資産/財産 market with 需要・要求する that vastly はるかに引き離すs 供給(する).'

However, not everyone is singing from the same hymn sheet when it comes to house prices going 今後.

Matt Surridge, sales director at MPowered Mortgages said:?'We still 推定する/予想する house prices to stay on a 漸進的な downward 傾向 over the coming months 予定 to elevated 利益/興味 率s and stretched affordability.'

Others within the 産業 are 関心d about インフレーション remaining an 問題/発行する for longer than e xpected.

Today it was 報告(する)/憶測d as having risen to 4 per cent in December, up from 3.9 per cent in November, which (機の)カム as a slight surprise to markets.

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