{"id":142242,"date":"2024-02-07T19:55:43","date_gmt":"2024-02-07T12:55:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-prices-have-rebounded-quickly-but-talk-of-stellar-rises-is-premature\/"},"modified":"2024-02-07T20:21:37","modified_gmt":"2024-02-07T13:21:37","slug":"uk-property-prices-have-rebounded-quickly-but-talk-of-stellar-rises-is-premature","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-prices-have-rebounded-quickly-but-talk-of-stellar-rises-is-premature\/","title":{"rendered":"UK property prices have rebounded quickly but talk of stellar rises is premature"},"content":{"rendered":"<p>&#013;<br \/>\nThe scope for a near-term surge is limited by the market only having just avoided a crash, say analystsUK house prices rise at fastest rate for a yearBusiness live \u2013 latest updatesThis time last year there was speculation that the UK was set for a property market crash. The Bank of England was raising interest rates at every meeting of its monetary policy committee and interest from potential new buyers was fading fast.In the event, such fears have proved unfounded. Judging by the latest data from the lender Halifax, the Bank\u2019s 14 increases in official borrowing costs had only a modest and temporary impact on prices. Prices rose by 1.3% in January, the biggest monthly increase since June 2022. No question, this has been one of the shortest and shallowest corrections on record. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2024\/feb\/07\/uk-property-prices-rebound-quickly-but-talk-of-stellar-rises-premature\" target=\"_blank\" rel=\"noopener\">UK property prices have rebounded quickly but talk of stellar rises is premature<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The scope for a near-term surge is limited by the market only having just avoided&#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-142242","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-B0e","jetpack-related-posts":[{"id":139870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-slowest-post-summer-rate-since-2008-crash\/","url_meta":{"origin":142242,"position":0},"title":"UK house prices rise at slowest post-summer rate since 2008 crash","date":"October 16, 2023","format":false,"excerpt":"\r Rightmove says 0.5% rise is smallest for time of year since financial crisis 15 years ago as higher interest rates hit homeUK house prices are rising at the slowest rate for this time of year since the 2008 financial crash, according to new data that highlights the impact on\u2026","rel":"","context":"In &quot;Property News&quot;","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":142242,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134281,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-uk-house-prices-could-plunge-by-20-after-the-latest-interest-rate-hike\/","url_meta":{"origin":142242,"position":2},"title":"Why UK house prices could plunge by 20% after the latest interest rate hike","date":"January 28, 2023","format":false,"excerpt":"\r Property market has defied gravity for years but analysts say rising mortgage rates will mirror the 1980s price crashBritain\u2019s estate agents normally radiate optimism but they will be watching anxiously at noon next Thursday when the Bank of England is expected to announce the latest blow to a rapidly\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-to-crash-as-global-asset-prices-unravel\/","url_meta":{"origin":142242,"position":3},"title":"UK house prices to crash as global asset prices unravel","date":"January 10, 2016","format":false,"excerpt":"\r Asset prices around the world are collapsing as the global economy slows and UK housing will not escape\r \r Source : telegraph.co.uk\r Read more...UK house prices to crash as global asset prices unravel","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-uk-housing-market-heading-for-a-crash-podcast\/","url_meta":{"origin":142242,"position":4},"title":"Is the UK housing market heading for a crash? \u2013 podcast","date":"November 15, 2022","format":false,"excerpt":"\r A steady stream of bad economic news has filtered into Britain\u2019s property market, prompting fears that prices could tumble. But how worried should people be? Rupert Jones reportsEver since Margaret Thatcher\u2019s \u2018right to buy\u2019 revolution in the 1980s, the UK housing market has been an obsession for millions of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-first-time-this-year-amid-rising-interest-rates\/","url_meta":{"origin":142242,"position":5},"title":"UK house prices fall for first time this year amid rising interest rates","date":"June 1, 2026","format":false,"excerpt":"\r Nationwide finds typical price was \u00a3278,024 in May, as Savills says Iran war has \u2018fundamentally changed\u2019 outlookBusiness live \u2013 latest updatesHouse prices fell in the UK for the first time this year in May, as rising interest rates triggered by the war in Iran hurt homebuyer demand.The price of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142242"}],"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=142242"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142242\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}