Austerity over and the housing crisis downgraded to a “challenge”
In the 12 months to August 2018, English house prices increased 2.9%, with the average home now costing just under £¼m.
Prime London rents experience significant upward pressure
Latest data recorded a notable uptick in house price inflation in the spring months.
Average English house prices fell 0.3% during March 2018 with 56% of English Local Authorities recording month-on-month price falls during the month.
February’s UK House Price Index (UK HPI) recorded falling prices (month-on-month) in five of England's nine regions, alongside strong growth in both the West Midlands and the North East.
Major UK housing indices finish the year up 2.5-4.5%
End of year price falls in Prime Central London