{"id":140206,"date":"2023-11-08T07:01:01","date_gmt":"2023-11-08T00:01:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-is-past-its-peak-pain-declares-savills\/"},"modified":"2023-11-08T07:10:05","modified_gmt":"2023-11-08T00:10:05","slug":"uk-housing-market-is-past-its-peak-pain-declares-savills","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-is-past-its-peak-pain-declares-savills\/","title":{"rendered":"UK housing market is past its \u2018peak pain\u2019, declares Savills"},"content":{"rendered":"


\nUpmarket estate agent says prices will start to bottom out in 2024 as interest rates fall and will return to growth in 2025 Britain\u2019s housing market is past \u201cpeak pain\u201d and prices look likely to bottom out by next summer, according to the estate agency Savills.The average UK house price is projected to fall by 3% in 2024, after a 4% drop this year, the upmarket estate agent and property advisory firm said in its five-year outlook. Continue reading…
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\nSource : theguardian.com
\nRead more…UK housing market is past its \u2018peak pain\u2019, declares Savills<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Upmarket estate agent says prices will start to bottom out in 2024 as interest rates...<\/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-140206","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-Ato","jetpack-related-posts":[{"id":140906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-housing-market-may-be-past-peak-pain-but-what-will-2024-bring\/","url_meta":{"origin":140206,"position":0},"title":"Britain\u2019s housing market may be \u2018past peak pain\u2019 but what will 2024 bring?","date":"January 4, 2024","format":false,"excerpt":"\r Second year of falling prices expected though recovery is likely in the second half as interest rates come downBritain\u2019s housing market is \u201cpast peak pain\u201d, the upmarket estate agent Savills has said. The big mortgage lenders Halifax and Nationwide building society have recorded monthly house price gains in recent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eu-vote-uncertainty-could-slow-uk-housing-market-savills-warns\/","url_meta":{"origin":140206,"position":1},"title":"EU vote uncertainty could slow UK housing market, Savills warns","date":"March 10, 2016","format":false,"excerpt":"\r Upmarket estate agent posts 16% increase in pre-tax profits but says stamp duty rise may also deter buyers in coming months The upmarket estate agent Savills has warned that Britain\u2019s housing market could slow in the coming months due to increased stamp duty and growing uncertainty surrounding Britain\u2019s membership\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-at-its-weakest-point-in-a-decade-says-savills\/","url_meta":{"origin":140206,"position":2},"title":"UK housing market at its weakest point in a decade, says Savills","date":"August 8, 2019","format":false,"excerpt":"\r Upmarket property firm blames Brexit uncertainty for putting off would-be buyersThe UK housing market is at the weakest point since the global financial crisis a decade ago as Brexit uncertainty puts off buyers, according to a property company.Savills, which sells and manages commercial and upmarket residential property around the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savills-business-model-needs-no-introduction\/","url_meta":{"origin":140206,"position":3},"title":"Savills\u2019 business model needs no introduction","date":"March 23, 2017","format":false,"excerpt":"\r Upmarket property group\u2019s results showed how unlike a UK estate agent it has become\r \r Source : ft.com\r Read more...Savills\u2019 business model needs no introduction","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-isnt-helping-profits-dive-18-at-savills\/","url_meta":{"origin":140206,"position":4},"title":"'Brexit isn't helping' \u2013 profits dive 18% at Savills","date":"August 9, 2018","format":false,"excerpt":"\r Upmarket estate agent also blames extreme UK weather as property deals fall sharplySavills has posted an 18% drop in half-year profits after sharp declines in commercial and residential deals, and warned that the deadlocked Brexit negotiations made it hard to make predictions for the rest of the year.Residential transactions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-falling-uk-house-price-growth-to-halve-with-capital-worst-hit\/","url_meta":{"origin":140206,"position":5},"title":"London falling? UK house price growth to halve with capital worst hit","date":"November 2, 2017","format":false,"excerpt":"\r Decades-long trend to be reversed as Savills predicts homes in north-west and north-east to rise at twice the London rate in next five yearsLondon house price growth is forecast to lag well behind other regions over the next five years, reversing a trend stretching back decades, according to a\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\/140206"}],"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=140206"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140206\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}