House prices rose in January says ONS, as new builds go up by a 抱擁する 9%

  • 全体にわたる, house prices were 負かす/撃墜する 0.6% year on year, 同等(の) to £2,000
  • But new-build prices rose by 8.8% month-on-month and are up 16.6% 年一回の

House prices rose by 0.5 per cent in the month of January, によれば the 最新の 人物/姿/数字s from the Office for 国家の 統計(学).

The 普通の/平均(する) home was 価値(がある) 0.6 per cent いっそう少なく than it was a year earlier, but this was far いっそう少なく than the 2.2 per cent 落ちる 記録,記録的な/記録するd in the 12 months to December 2023.

The typical home is selling for £282,000 as of January, which is £2,000 lower than 12 months ago.

New-build homes appear to be 主要な the 回復, with prices 増加するing by a 抱擁する 8.8 per cent across the month of January.?

Boom: New-build house prices increased by a whopping 8.8% month-on-month, while overall homes fell by 0.5%

にわか景気: New-build house prices 増加するd by a whopping 8.8% month-on-month, while 全体にわたる homes fell by 0.5%?

Ed Phillips, 長,指導者 (n)役員/(a)執行力のある of the 広い地所 スパイ/執行官 group, Lomond said: 'This 示唆するs that the mortgage market 勢い that has been building since the final 行う/開催する/段階s of last year is now starting to 変える into actual sales and the market looks 均衡を保った to spring into 活動/戦闘 over the coming months.

'Th ere's certainly no 調印する of the house price 衝突,墜落 予報するd by many.'

The ONS says the data is a 一時的に 見積(る) and could be 支配する to change.?

New build price にわか景気

New builds have seen 重要な price growth, によれば the ONS 人物/姿/数字s, which could be 隠すing house price 落ちるs across the 残り/休憩(する) of the market.

Year-on-year, new-build 所有物/資産/財産s have risen in price by a staggering 16.6 per cent. That compares to a 2.4 per cent 年次の 減少(する) for other 所有物/資産/財産s.

Daniel Norman, 長,指導者 (n)役員/(a)執行力のある of 所有物/資産/財産 開発 壇・綱領・公約 Aprao said: 'This appetite for new homes should help bring 信用/信任 to UK developers that now is as good a time as any to break ground and 配達する much needed 供給(する) to the market.?

'Homebuyers are willing to 支払う/賃金 the 賞与金s associated with new-build 所有物/資産/財産s にもかかわらず the cost of borrowing remaining 大幅に higher than previous years.'

London prices start the year 堅固に

London saw the largest 月毎の 増加する in prices of any 地域 at 2.5 per cent jump, によれば the ONS data.?

However, prices are still 負かす/撃墜する 3.9 per cent year-on-year.

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Marc 出身の Grundherr, director of London based スパイ/執行官, Benham and Reeves said: 'While it certainly seemed as though the London market was struggling to 回復する at the same 率 as the 残り/休憩(する) of the UK, the 最新の 人物/姿/数字s show that the 資本/首都 has enjoyed a 相当な 増加する in 所有物/資産/財産 values during the start of this year.

'While homes across the 資本/首都 may be selling for a tad いっそう少なく than the historic highs seen in 最近の years, we're continuing to see a very strong appetite from 買い手s, with a 強健な level of 処理/取引s taking place.

'This bodes very 井戸/弁護士席 for the year ahead and while we're already seeing 証拠 of a London 復活, we 推定する/予想する an even swifter return to form is on the cards once mortgage 率s do finally start to 減ずる [その上の].'

The South West of England also saw a 1.5 per cent 月毎の rise in house prices in January, while Scotland's house prices rose 1.3 per cent - 同様に as a 4.8 per cent rise year-on-year.?

一方/合間, prices fell month-on-month in almost half of the UK 地域s, 含むing in the East Midlands where prices fell 1.4 per cent and in the North East where prices fell 1.7 per cent.

Nicholas Finn, managing d irector of Garrington 所有物/資産/財産 Finders, said: '普通の/平均(する) house prices were still 存在 held in check at the start of the year, but the 人物/姿/数字s today 示唆する they are starting to 回復する some of the ground lost during 2023's reset.

'Two things are now keeping prices in a 持つ/拘留するing pattern however ? an uptick in the number of homes coming の上に the market and a levelling off in mortgage 率s. その上の 落ちるs in the cost of borrowing may be some months off and this may take some steam out of price インフレーション.

'As a result, 井戸/弁護士席-知らせるd 買い手s who have their 財政/金融s in place are still striking 高度に 競争の激しい 取引,協定s.

'With many areas 申し込む/申し出ing 顕著に better value than they did during the 地位,任命する-pandemic にわか景気, 買い手 appetite is 支援する as many people who 延期するd their moving 計画(する)s last year decide that now is the time to 行為/法令/行動する before prices 選ぶ up 速度(を上げる) again.