{"id":124431,"date":"2022-02-01T15:23:51","date_gmt":"2022-02-01T08:23:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-make-strongest-start-to-a-year-since-2005-business-live\/"},"modified":"2022-02-01T15:45:35","modified_gmt":"2022-02-01T08:45:35","slug":"uk-house-prices-make-strongest-start-to-a-year-since-2005-business-live","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-make-strongest-start-to-a-year-since-2005-business-live\/","title":{"rendered":"UK house prices make strongest start to a year since 2005 \u2013 business live"},"content":{"rendered":"<p>&#013;<br \/>\nRolling coverage of the latest economic and financial newsUK house prices rose 0.8% in JanuaryAnnual inflation hits 11.2% \u2013 strongest start to the year since 2005But market could cool as affordability becomes stretchedBank of England poised to raise interest rates as high inflation takes tollLast night: S&amp;P 500\u2019s worst month since March 2020New \u2018super tax\u2019 to deter energy firm owners from gas profiteeringIn the City, stocks have made a solid start to February.The FTSE 100 index of blue-chip shares has jumped 0.9%, or 70 points, to 7534 points.\u201cMortgage demand has picked up a little in the second half of January. But overall, we\u2019re noticing borrowers are turning cautious, fearful of the economic outlook.While there is a fundamental shortage of properties on the market, and housing supply generally, all the factors on the demand side are going in the wrong direction. National Insurance, energy bills, the cost of food, fuel and mortgages are all going up. There could be a rude awakening in 2022 for those who believe house prices can only ever go up.\u201d  \u201cThough the property market smashed it in January, the rest of the year will likely see a cool-down in the rate of price growth due to inflation and rising interest rates. However, values are unlikely to fall as mortgage rates remain exceptionally low, people are keen to avoid renting and the \u2018race for space\u2019 continues apace. As ever, prices are also being propped up by a chronic lack of supply.\u201d  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/live\/2022\/feb\/01\/uk-house-prices-2022-cost-of-living-stock-markets-manufacturing-uk-eurozone-business-live\" target=\"_blank\" rel=\"noopener\">UK house prices make strongest start to a year since 2005 \u2013 business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Rolling coverage of the latest economic and financial newsUK house prices rose 0.8% in JanuaryAnnual&#46;&#46;&#46;<\/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-124431","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-wmX","jetpack-related-posts":[{"id":112708,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-despite-general-election-uncertainty-business-live\/","url_meta":{"origin":124431,"position":0},"title":"UK house prices rise despite general election uncertainty \u2013 business live","date":"November 28, 2019","format":false,"excerpt":"\r Rolling coverage of the latest economics and financial newsHouse prices up 0.5% in NovemberAnnual house price inflation at 0.8% 7.54am GMT Despite this month\u2019s rise in prices, UK house price inflation is still sharply lower than before the EU referendum.Back in 2016, house prices were rising at around 5%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-slows-as-household-incomes-are-squeezed-business-live\/","url_meta":{"origin":124431,"position":1},"title":"UK house price growth slows, as household incomes are squeezed \u2013 business live","date":"June 30, 2022","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsIntroduction: House price inflation slowed to 0.3% in JuneNationwide: Tentative signs of a slowdownCrypto crisis: how digital currencies went from boom to collapseUK will face worse inflation than other major economies, says Bank governorTesco faces shortage of Heinz products after row\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-home-prices-down-2-4-in-q2\/","url_meta":{"origin":124431,"position":2},"title":"S\u2019pore home prices down 2.4% in Q2","date":"September 8, 2016","format":false,"excerpt":"\r Weak economic growth, stringent property cooling measures and the strong US dollar continue to hamper property markets in Asia, said a Knight Frank report.\u00a0 Singapore saw house prices fall by 2.4 percent year-on-year in Q2 2016, effectively placing it among the worst performers, along with Hong Kong and Taiwan,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-home-prices-down-2-6-in-q4-2016\/","url_meta":{"origin":124431,"position":3},"title":"S\u2019pore home prices down 2.6% in Q4 2016","date":"March 27, 2017","format":false,"excerpt":"\r The recent easing of property cooling measures in Singapore is expected to spur interest in the market, according to Knight Frank. Singapore saw house prices drop 2.6 percent in the fourth quarter of 2016 from the previous year, revealed a Knight Frank report. This places the city-state in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/03\/GHPI-Q4-2016_Fig2-1024x841.jpg?fit=1024%2C841&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":142147,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-strongest-rate-in-a-year\/","url_meta":{"origin":124431,"position":4},"title":"UK house prices rise at strongest rate in a year","date":"January 31, 2024","format":false,"excerpt":"\r Though rapid rebound is unlikely, outlook for property market \u2018is a little more positive\u2019, says NationwideBusiness live \u2013 latest updatesThe outlook for the UK housing market is \u201cmore positive\u201d as prices improved at their strongest rate in a year, according to Nationwide.The building society\u2019s index found that the average\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/analysts-believe-hike-in-inflation-still-at-manageable-level\/","url_meta":{"origin":124431,"position":5},"title":"Analysts believe hike in inflation still at manageable level","date":"June 24, 2021","format":false,"excerpt":"\r Analysts believe hike in inflation still at manageable levelCore inflation, which excludes accommodation and private road transport costs, is still believed to be at manageable levels.\u00a0 Despite the increase in consumer prices in May \u2013 in which all-items inflation hit its highest level since end-2013 \u2013 analysts still do\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/singapore-marina.jpg?fit=820%2C411&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124431"}],"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=124431"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124431\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}