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Richard Donnell, Hometrack's Insight Director explores key themes within the UK property market for June 2018
In the June 2018 property market update video, Richard Donnell, Hometrack's Insight Director, Richard Donnell explores current trends in the UK housing market. Topics covered this month include:
1.The key themes in the UK property market from the first 6 months of this year
2. Current trends in housing sales and the outlook for the rest of the year
3. The impact that affordability pressures in London are having on regional markets
In the last eight years, the growth of first time buyers has outpaced all other buying groups and in 2018 they became the largest buyer group in the UK.
With house prices in London leading the rest of the housing market, we've seen price falls across regional markets. This report shows the extent to which the recent trends in London have shifted into regional markets and the outlook.
In August's property market update, Richard Donnell discusses trends in house price growth across UK cities, growth in the London property market and economic factors that influence the UK property market.
In July's property market update, Richard Donnell discusses the variation in price growth across UK cities, London market trends and the discount from asking to sales price regionally.