Housing Market » news http://www.housingmarket.org.uk Guide to the UK Housing Market Wed, 11 Nov 2009 07:24:17 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Housing Market News http://www.housingmarket.org.uk/news/housing-market-news/04/ http://www.housingmarket.org.uk/news/housing-market-news/04/#comments Fri, 25 Apr 2008 12:21:04 +0000 admin http://www.housingmarket.org.uk/archives/9 For the latest trends in the UK housing Market. These are some of the regularly updated websites on the UK housing Market.

]]> http://www.housingmarket.org.uk/news/housing-market-news/04/feed/ 0 Housing Market Bubble Set to burst? http://www.housingmarket.org.uk/housing/housing-market-bubble-set-to-burst/04/ http://www.housingmarket.org.uk/housing/housing-market-bubble-set-to-burst/04/#comments Wed, 16 Apr 2008 09:38:54 +0000 tejvan http://www.housingmarket.org.uk/archives/5 The UK housing market has enjoyed record price increases. Since 1997 house prices have increased by more than 217%, and in many areas by much more. However, evidence increasingly suggest that house prices are set to fall. Last month, March 2008, house prices fell by 2.8%; giving the lowest annual house price inflation since 1999.

Many analysts point to the fact that House prices are now Overvalued compared to many historical data. In particular, many first time buyers do not have sufficient affordability to be able to get on the property ladder. This article – Overvalued Housing market points out some reasons why the UK housing market may be set to follow the experience of the US.

The precipitating factor for the change in housing market sentiment is the credit crunch which has made mortgage products scarce and led to a fall in mortgage lending. This bodes ill for future house price data; these recent falls in mortgage lending will increasingly be reflected in lower prices.

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