Your Latest House Price Index Data
It’s time for the latest House price index, with Government Land Registry releasing their index data for June. You’ll also find insights from RICS UK Market Survey and the Halifax House Price Index. Government Land Registry House Prices Index – June 2022 Edit Region / County 1 Month % 3 Month % 6 Month % 12 Month % 24 Month % England 0.93% 3.01% 5.74% 7.25% 21.59% Wales 0.63% 3.06% 5.06% 8.60% 27.31% London 1.86% 3.14% 4.61% 6.31% 12.07% South East 0.78% 2.16% 5.31% 8.89% 21.27% South West 0.47% 2.84% 5.39% 8.04% 24.27% West Midlands Region 1.11% 3.03% 6.69% 9.40% 20.87% East of England 0.50% 3.40% 5.85% 9.75% 21.49% East Midlands 1.67% 3.39% 6.69% 9.33% 23.89% RICS
Why It Matters
UK Market Survey – July 2022 New buyer demand edges down again but limited supply continues to underpin market pricing New buyer enquiries continue to decline at a steady pace New instructions remain stagnant and stock levels are still close to all-time lows Respondents across all parts of the UK report rising prices even if the pace of growth appears more moderate than earlier in the year Halifax House Price Index – July 2022 Average house price falls slightly – first drop in a year House prices fell marginally by 0.1% in July – the first decrease since June 2021
Annual rate of growth eased to 11.8% (from 12.5%) A typical UK property now costs £293,221 Wales again shows the strongest annual growth in the UK Nationwide House Price Index –July 2022 Annual house price growth stays in double-digits as July sees twelfth successive monthly increase Annual UK house price growth increased slightly in July to 11.0%, from 10.7% in June Prices up 0.1% month-on-month after taking account of seasonal effects If you have an investor looking to make a move in the property market then contact us today on 0117 937 4333 or send us an enquiry to enquiries@blackandwhitebridging.co.uk, to find out how we can help. Black & White Bridging, truly transparent lending with no grey areas.
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