Has the residential property market finally turned the corner?

We track most of the monthly reports on property prices produced on a monthly basis. This report summarises what’s being said about the market and includes Kate Faulkner’s comments on what this means for the industry, the market and consumers.

Report Headlines:-
Nationwide – “Homeownership rates still trending down”
Hometrack – “A clear North-South divide as London and the South East account for 74% of postcodes registering price rises”
RICS “Flat February masks greater medium term optimism”
Acadametrics – “Sales soar 15% in February as mortgage availability rises and bank funding conditions improve
Smart New Homes – “New homes market sees strong start to year”

Kate Faulkner comments:
“There remains some renewed optimism for the housing market in 2013, however, over the last few years, the market has always done quite well in the first part of the year, then tended to flatten or fall towards the second part of the year. What will be interesting this year is to see if the ‘Help to Buy’ scheme and the ‘Funding for Lending’ investment by the government will help to boost the market throughout the year and potentially help it pick up in 2014.”

View the complete property price summary here, including:-

  • New home property prices
  • Regional Property Price Differences
  • Demand for Property
  • Supply of Property

What to do next? For more help, from Kate and her team, join Property Checklists for free.

Buying your first home Trading up Buy to Let Renting a Property Selling a Property For Industry Professionals If you are you a property professional or journalist who needs up to date, accurate, facts and figures, stats about residential property, subscribe to our Property Information Portal.

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About Kate Faulkner

One of the UK’s leading property experts, commentators and analysts. An author of a number of property books, including four property guides for the consumer organisation Which?. Media appearances include BBC1 Breakfast, ITV/ITN, The One Show, BBC2 Your Money, Radio 4 You and Yours, Radio 5 Live, Channel 4, plus numerous local BBC radio stations.
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One Response to Has the residential property market finally turned the corner?

  1. Pingback: Previous Property Price Reports | Kate Faulkner BSc (Econ) MBA DipM CIM

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