{"id":140918,"date":"2024-01-05T15:49:52","date_gmt":"2024-01-05T08:49:52","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-third-month-in-row-but-are-forecast-to-drop-this-year\/"},"modified":"2024-01-05T16:13:56","modified_gmt":"2024-01-05T09:13:56","slug":"uk-house-prices-rise-for-third-month-in-row-but-are-forecast-to-drop-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-third-month-in-row-but-are-forecast-to-drop-this-year\/","title":{"rendered":"UK house prices rise for third month in row but are forecast to drop this year"},"content":{"rendered":"


\nGrowth rates driven by shortage of properties on market, says Halifax, with average house worth \u00a3287,105UK homeowners face \u00a319bn rise in mortgage costsUK homeowners fear 2024 mortgage timebombBusiness live \u2013 latest updatesUK house prices rose for a third consecutive month in December amid a shortage of properties on the market, but are forecast to drop this year, according to Halifax.Britain\u2019s biggest mortgage lender, which earlier this week joined a new year rate-cutting war, said that property prices grew 1.1% in December, after a 0.6% rise in November and a 1.2% increase in October. A typical home in the UK is now worth \u00a3287,105, just over \u00a33,000 more than in November. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK house prices rise for third month in row but are forecast to drop this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Growth rates driven by shortage of properties on market, says Halifax, with average house worth...<\/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-140918","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-AES","jetpack-related-posts":[{"id":57186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-first-time-in-five-months\/","url_meta":{"origin":140918,"position":0},"title":"UK house prices rise for first time in five months","date":"June 7, 2017","format":false,"excerpt":"\r Shortage of properties on market inflates prices as buyers battle uncertainty over general election and BrexitUK house prices rose for the first time in five months in May as buyers were spurred on by a shortage of homes and low mortgage rates.The average price of a UK home increased\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savills-says-uk-house-prices-will-rise-this-year-in-u-turn-on-earlier-forecast\/","url_meta":{"origin":140918,"position":1},"title":"Savills says UK house prices will rise this year in U-turn on earlier forecast","date":"May 7, 2024","format":false,"excerpt":"\r Lower mortgage rates prompt property firm to change its outlook from 3% drop to a 2.5% increaseA decline in mortgage rates has prompted a forecaster to reverse its predictions of a fall in UK house prices in 2024, instead suggesting the average cost of a property could rise by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-third-straight-month-as-mortgage-rates-fall\/","url_meta":{"origin":140918,"position":2},"title":"UK house prices rise for third straight month as mortgage rates fall","date":"December 1, 2023","format":false,"excerpt":"\r Nationwide says average property price was \u00a3258,557 in November, \u00a35,231 down on same month last yearUK house prices rose for a third consecutive month in November as the market responded to hopes that mortgage rate costs had peaked.Nationwide, the UK\u2019s biggest building society, said prices rose 0.2% month on\u2026","rel":"","context":"In "Property 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the second month in a row in November, according to a leading index, as a slight easing in mortgage rates helped coax more\u2026","rel":"","context":"In "Property 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