{"id":110252,"date":"2019-08-27T23:58:07","date_gmt":"2019-08-27T16:58:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-be-fooled-this-is-a-false-dawn-for-the-property-market-larry-elliott\/"},"modified":"2019-08-28T00:04:49","modified_gmt":"2019-08-27T17:04:49","slug":"dont-be-fooled-this-is-a-false-dawn-for-the-property-market-larry-elliott","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-be-fooled-this-is-a-false-dawn-for-the-property-market-larry-elliott\/","title":{"rendered":"Don't be fooled, this is a false dawn for the property market | Larry Elliott"},"content":{"rendered":"


\nCompetition to sell mortgages is strong, but vendors are in no mood to cut and runThese are tough times to be an estate agent. A period of rocketing prices in the middle of the decade has made residential property expensive. Buyers are unable or unwilling to pay the prices demanded by sellers and with unemployment low sellers feel in no need to adjust their expectations downwards.The result is a flat market with next to no house price inflation. Or so it seemed before the release of the latest UK Finance figures for mortgage lending, which showed approvals at a 28-month high. Boom times are back for the housing market. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Don’t be fooled, this is a false dawn for the property market | Larry Elliott<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Competition to sell mortgages is strong, but vendors are in no mood to cut and...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110252","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sGg","jetpack-related-posts":[{"id":125843,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/policymakers-right-to-be-worried-as-uk-housing-boom-shows-no-sign-of-waning-larry-elliott\/","url_meta":{"origin":110252,"position":0},"title":"Policymakers right to be worried as UK housing boom shows no sign of waning | Larry Elliott","date":"April 17, 2022","format":false,"excerpt":"\r But situation needs looking at in global context because it is not a story of British exceptionalismEaster traditionally marks the start of the annual housebuying season but this year there has been no need for potential sellers to mow the lawn and give the living room a lick of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-lacks-spring-bounce-but-a-crash-is-unlikely-larry-elliott\/","url_meta":{"origin":110252,"position":1},"title":"UK property market lacks spring bounce but a crash is unlikely | Larry Elliott","date":"June 4, 2023","format":false,"excerpt":"\r It\u2019s reasonable to expect a fall in nominal house prices of at least 10%. That\u2019s a chunky fall \u2013 and a welcome oneApril is supposed to herald the start of a British ritual: the house-buying season. Traditionally, it is the time when demand for homes picks up and the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-property-prices-leads-to-exodus-of-early-30s-larry-elliott\/","url_meta":{"origin":110252,"position":2},"title":"London's property prices leads to exodus of early 30s | Larry Elliott","date":"June 27, 2018","format":false,"excerpt":"\r High housing costs has doubled the number of people in their 30s leaving the capitalLondon\u2019s expensive property prices are leading to an exodus of people in their early 30s from the capital, according to a report showing the economy of Britain\u2019s biggest city increasingly dominated by low-skill jobs.A report\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87543,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-last-a-reason-to-celebrate-house-prices-are-falling-larry-elliott\/","url_meta":{"origin":110252,"position":3},"title":"At last, a reason to celebrate: house prices are falling | Larry Elliott","date":"May 10, 2018","format":false,"excerpt":"\r It won\u2019t be easy to wean Britain off the obsession with ever increasing property values, but it\u2019s important to tryThe housing market is dead. Britain\u2019s biggest mortgage lender, the Halifax, says that prices fell in April by 3.1%, the biggest monthly drop in almost eight years. Newspapers bury this\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/era-of-soaring-house-prices-is-ending-as-central-banks-raise-rates-larry-elliott\/","url_meta":{"origin":110252,"position":4},"title":"Era of soaring house prices is ending as central banks raise rates | Larry Elliott","date":"July 31, 2022","format":false,"excerpt":"\r Policies are tightening when major economies are either falling into recession or heading that wayIt\u2019s over. An era of ever-rising house prices stimulated by cheap money is coming to an end. Central banks created a colossal real estate boom and soon they will have to cope with the consequences\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-tell-generation-rent-the-fall-in-house-prices-is-bad-news-larry-elliott\/","url_meta":{"origin":110252,"position":5},"title":"Don't tell generation rent the fall in house prices is bad news | Larry Elliott","date":"April 13, 2018","format":false,"excerpt":"\r Estate agents face a quiet house-buying season with demand and mortgage lending in declineApril traditionally marks the start of Britain\u2019s house-buying season. Once the daffodils come out, estate agents ready themselves for a rush of prospective buyers.Not this year, though. The body that represents estate agents, the Royal Institution\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110252"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110252"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110252\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}