{"id":125758,"date":"2022-04-07T14:43:40","date_gmt":"2022-04-07T07:43:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-but-cost-of-living-crisis-likely-to-cool-market\/"},"modified":"2022-04-07T15:17:34","modified_gmt":"2022-04-07T08:17:34","slug":"uk-house-prices-hit-record-high-but-cost-of-living-crisis-likely-to-cool-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-but-cost-of-living-crisis-likely-to-cool-market\/","title":{"rendered":"UK house prices hit record high but cost of living crisis likely to cool market"},"content":{"rendered":"


\nShortage of homes for sale and \u2018race for space\u2019 drove average cost to 282,753 in March, says HalifaxUK house prices hit a record of \u00a3282,753 in March but are likely to ease over the next year as homebuyers face higher interest rates and the cost of living squeeze, Halifax has said.The average cost of a home rose by 1.4% on February, according to Halifax\u2019s monthly property index, and is 11% higher than a year ago, the largest annual increase since the 2007 financial crisis. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK house prices hit record high but cost of living crisis likely to cool market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shortage of homes for sale and \u2018race for space\u2019 drove average cost to 282,753 in...<\/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-125758","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-wIm","jetpack-related-posts":[{"id":126314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-but-cost-of-living-crisis-will-cool-market-says-halifax\/","url_meta":{"origin":125758,"position":0},"title":"UK house prices rise but cost of living crisis will cool market, says Halifax","date":"May 6, 2022","format":false,"excerpt":"\r April marks longest run of monthly increases since 2016 as average cost of home reaches record of \u00a3286,079House prices rose again in April, extending the longest run of monthly increases in six years, according to Halifax, but the lender said rising interest rates and squeezed household budgets would cool\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-reach-new-record-but-cost-of-living-crisis-threatens-growth\/","url_meta":{"origin":125758,"position":1},"title":"UK house prices reach new record but cost of living crisis threatens growth","date":"February 7, 2022","format":false,"excerpt":"\r Bank of England\u2019s interest rate rise and soaring household costs will hit affordability, says HalifaxUK house prices reached a record high in January according to Halifax, but the lender warned growth is likely to slow \u201cconsiderably\u201d this year as household finances come under increasing pressure.The price of the average\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/experts-predict-housing-market-will-cool-in-2023-as-uk-enters-a-recession\/","url_meta":{"origin":125758,"position":2},"title":"Experts predict housing market will cool in 2023 as UK enters a recession","date":"December 26, 2022","format":false,"excerpt":"\r The slowdown is expected to intensify with price declines between 5% and 12%The housing market will cool sharply next year after a bumpy 2022, industry experts are predicting, as the UK contends with recession and higher mortgage rates.As the cost of living crisis has intensified amid soaring inflation and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126962,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-house-price-hits-record-of-289099-but-market-starts-to-cool\/","url_meta":{"origin":125758,"position":3},"title":"Average UK house price hits record of \u00a3289,099 but market starts to cool","date":"June 8, 2022","format":false,"excerpt":"\r Annual growth remains at 10.5%, the slowest rate since start of year, says HalifaxThe average UK house price hit a fresh high in May, rising for the 11th month in a row, according to Halifax data, but the annual growth rate slowed in a sign that the cost of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rising-at-11-a-year-despite-cost-of-living-crisis\/","url_meta":{"origin":125758,"position":4},"title":"UK house prices rising at 11% a year despite cost of living crisis","date":"August 2, 2022","format":false,"excerpt":"\r Average price of a home was \u00a3271,209 last month after the 12th monthly rise in a row, says NationwideThe UK housing market remained buoyant in July with price growth accelerating to an annual rate of 11%, according to the country\u2019s biggest building society.The average price of a home was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126235,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-slows-as-cost-of-living-crisis-starts-to-hit-market\/","url_meta":{"origin":125758,"position":5},"title":"UK house price growth slows as cost of living crisis starts to hit market","date":"April 29, 2022","format":false,"excerpt":"\r Average price of property in April rises to \u00a3267,620, the ninth straight month of growth, says NationwideHouse prices continued to climb in April but the rate of growth is slowing as soaring inflation and the cost of living crisis starts to affect the market, figures show.The average amount paid\u2026","rel":"","context":"In "Property 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