{"id":68358,"date":"2017-10-06T15:51:35","date_gmt":"2017-10-06T08:51:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-houses-prices-grow-at-fastest-rate-in-eight-months-pound-falls-business-live\/"},"modified":"2017-10-06T16:04:11","modified_gmt":"2017-10-06T09:04:11","slug":"uk-houses-prices-grow-at-fastest-rate-in-eight-months-pound-falls-business-live","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-houses-prices-grow-at-fastest-rate-in-eight-months-pound-falls-business-live\/","title":{"rendered":"UK houses prices grow at fastest rate in eight months; pound falls – business live"},"content":{"rendered":"


\nAnnual house prices rose by 4% in September according to the lender Halifax, beating expectations. It was the strongest rate of growth since February and contradicted other reports of a weakening housing market Pound hits four-week low against dollar as Tory infighting builds 9.42am BST Jeremy Leaf, a north London estate agent and a former residential chairman of the Royal Institution of Chartered Surveyors:Once again, the market has proved its resilience and confounded the doom mongers. Not that there is too much to get excited about with these figures which confirm what we have seen at the coalface recently – that prices are holding up reasonably well where vendors are realistic, partly in response to a continuing shortage of stock.Sadly, we are not seeing the hoped-for autumn bounce but a steady market is more than welcome with so much uncertain economic news.The sudden surge in Halifax\u2019s measure of house prices\u2014up 3% over the last three months alone\u2014is impossible to reconcile with all the other housing market evidence. Halifax\u2019s measure is the most volatile of all the indices we track. Other surveys show that the pipeline of demand is soft; RICS has reported that new buyer enquiries have fallen in six of the last seven months. Real wages still have further to fall over the next six months and mortgage rates will rise soon in response to the increase in banks\u2019 funding costs. In the current cautious market, prices treading water is good \u2013 and stability plus gentle growth is very good.But momentum remains patchy and what growth there is is wavering rather than sustained, and prices remain under intense pressure in several key regions. 9.23am BST Halifax said UK house prices are partly being propped up by a shortage of homes on the market: Continue reading…
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\nSource : theguardian.com
\nRead more…UK houses prices grow at fastest rate in eight months; pound falls – business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Annual house prices rose by 4% in September according to the lender Halifax, beating expectations....<\/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-68358","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-hMy","jetpack-related-posts":[{"id":130030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-predicted-to-drop-by-at-least-10-in-2023\/","url_meta":{"origin":68358,"position":0},"title":"UK house prices predicted to drop by at least 10% in 2023","date":"September 28, 2022","format":false,"excerpt":"\r As lenders pull mortgage products amid interest rate turmoil, experts forecast \u2018significant fall\u2019 House prices are likely to fall by at least 10% next year as mortgage providers pull deals and raise interest payments to levels not seen since before the 2008 financial crisis, property experts have predicted.Nearly 300\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-sales-growth-at-aldi-and-lidl-takes-their-market-share-to-12\/","url_meta":{"origin":68358,"position":1},"title":"Strong sales growth at Aldi and Lidl takes their market share to 12%","date":"May 31, 2017","format":false,"excerpt":"\r Shoppers turn to discounters as prices rise following drop in value of pound, and approvals for house purchases fall againShoppers are turning to discounters and supermarkets\u2019 own label goods as price rises pick up across the grocery market.The German chains Aldi and Lidl are growing at their fastest rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/microsoft-to-raise-prices-up-to-22pc-over-falling-pound\/","url_meta":{"origin":68358,"position":2},"title":"Microsoft to raise prices up to 22pc over falling pound","date":"October 24, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Microsoft to raise prices up to 22pc over falling pound","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29831,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-for-uk-packaging-set-to-rise-as-pound-falls-mondi-says\/","url_meta":{"origin":68358,"position":3},"title":"Prices for UK packaging set to rise as pound falls, Mondi says","date":"October 13, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Prices for UK packaging set to rise as pound falls, Mondi says","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supermarket-price-war-drives-down-shop-prices-despite-the-falling-pound\/","url_meta":{"origin":68358,"position":4},"title":"Supermarket price war drives down shop prices despite the falling pound","date":"October 5, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Supermarket price war drives down shop prices despite the falling pound","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pound-continues-to-punish-jittery-euro-squeezing-supply-pulls-up-oil-prices-to-highest-level-in-two-years\/","url_meta":{"origin":68358,"position":5},"title":"Pound continues to punish jittery euro; 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