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Following recent trading updates from housebuilders, Alex Rose, Managing Director of Data Analytics at Hometrack, comments on the market.
“The operating environment for house builders is strong with improved land availability and greater availability of mortgages supporting growth in output in a market where builders are delivering homes into a supply constrained market. Government schemes to support demand are a key feature of the market and Starter Homes will open up demand and support further growth in new housing supply in the years ahead. “
The latest Hometrack UK Cities Index reveals that in the three months to September house price inflation in London recorded the lowest quarterly growth for 20 months.
The latest Hometrack UK Cities Index reveals house price growth has fallen to 8.2% as the slowdown seen in cities across the south of England in recent months intensified in August.
London, Tuesday 13th September: Hometrack has been appointed by digital challenger bank, Atom, to provide a range of Automated Valuation Model (AVM) services.
The latest Hometrack UK Cities House Price Index reveals a marked slowdown in house price growth over the last three months, led by a deceleration in London and other high value cities across the south of England.