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The Latest Breaking News from RICS

House prices are rising across the UK for the first time in two years

Zoopla said the average UK home now costs around £300 per square foot

The Independent UK

Time to sell? House prices rise for first time in nearly two years

Housing market sentiment is improving following a modest decline in mortgage rates and growing buyer interest, Rics said.

Evening Standard

House prices rising for first time in two years, survey suggests

After the Bank of England cut the base rate in August, professionals are finally seeing growth in house prices

The Independent UK

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Hunter building contractor busted drilling holes in roof, walls and plumbing

Daniel Roberts expelled for vandalising building project.

Newcastle Herald

Bank of England says it could lower interest rates more than expected, but June cut isn’t ‘fait accompli’ – as it happened

Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 split

The Guardian - UK

UK house prices should return to growth in next year, Rics survey shows

Poll indicates prices stabilised in March as new property listings and buyer interest increased

The Guardian - UK

UK Housing Market Strengthens In February, RICS Survey Shows

RICS survey reveals positive trends in the UK housing market, with growing buyer inquiries and new property listings. Despite challenges, the sector shows ...

Top News

Pace of house price falls ‘showing signs of steadying as end of year approaches’

The Royal Institution of Charted Surveyors said its latest findings suggest the overall pace of price declines has levelled-off in recent weeks.

The Independent UK

“Gloomy outlook” of London housing market to last until 2024 due to mortgage affordability and cost of living

Buyer demand, sales and house prices continue to decline as mortgage affordability continues to affect the market, surveyors said.

Evening Standard

Mortgage affordability ‘hitting housing market but 12-month outlook more stable’

Buyer demand, sales and house prices continue to decline as mortgage affordability continues to affect the market, surveyors said.

The Independent UK

UK house prices declined at fastest rate since 2009 in August

Demand among home buyers has fallen, but in the rental sector there is a ‘yawning gap’ between the strong demand for homes and supply, Rics said.

Evening Standard

House prices declined at fastest rate since 2009 in August – surveyors

Demand among home buyers has fallen, but in the rental sector there is a ‘yawning gap’ between the strong demand for homes and supply, Rics said.

The Independent UK

Banks offer relief for homeowners as mortgage rates slashed

Predictions of ‘price war’ good news for first-time buyers and hard-pressed mortgage holders

The Independent UK

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The Guardian - UK

UK house price falls spread; Wilko falls into administration; US inflation rises to 3.2% – as it happened

RICS house price balance drops again … as more mortgage holders fall into arrears and Wilko takes ‘difficult decision’ to enter administration

The Independent UK

Rents set to continue rising sharply despite cost-of-living squeeze, experts say

Fresh rise in costs would mark new high in 24-year records

The Independent UK

Rents ‘likely to continue rising sharply despite cost-of-living squeeze’

Rental demand shows no signs of letting up and supply remains constrained, the Royal Institution of Chartered Surveyors said.

The Independent UK

UK sees rent rise at fastest pace since records began

The cost of rent is expected to rise even further in the coming months

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The Guardian - UK

Profits at UK homebuilder Barratt drop as buyer demand slumps

Soaring interest rates and end of help-to-buy scheme blamed for driving away first-time buyers

Birmingham Post

Rising mortgage rates put pressure on housing market in Wales

The latest market survey from RICS showed house prices are expected to fall between July and September

The Independent UK

House prices fall as mortgage rate rise hits home buyer inquiries and sales

The impact of increased mortgage rates is ‘clearly visible’ in housing market metrics, the Royal Institution of Chartered Surveyors said.

The Guardian - UK

Number of would-be homebuyers falls to 8-month low as UK economic anxiety deepens

Survey of estate agents reports growing reluctance among potential homebuyers to make a purchase

The Independent UK

Home buyer inquiries, sales and prices fell back in June, say surveyors

The impact of increased mortgage rates is ‘clearly visible’ in housing market metrics, the Royal Institution of Chartered Surveyors said.

Birmingham Post

Former RAF Serviceman flying high with Gloucestershire home surveys firm

Joel Fryer served in the Royal Air Force for more than 20 years before a career change brought him to GB Home Surveys

The Guardian - UK

Eurozone falls into recession; US jobless claims jump; storm clouds over UK housing – business live

Eurozone economy shrank by 0.1% in the final quarter of last year, and the first three months of 2023, putting it into technical recession

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