UK economic barometer points to hot

If you are a regular reader here, you will know that Investment and Business News has long considered the Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS) as just about the best barometer of the UK housing market – and to a lesser extent the UK economy...Read More

Housing bubble or housing recovery built on solid foundations?

House prices are up again. The data provides overwhelming evidence. But what is especially compelling is the latest survey from the Royal Institution of Chartered Surveyors, or RICS. Its residential survey market index it not merely a good guide to the UK housing market, it is a good guide to...Read More

Posted Jul 15, 2013

Is that a sword of Damocles hanging over the UK housing market?

There once was a king in Sicily called Dionysus. He had a courtier called Damocles who, in his efforts to flatter his King, told his liege how fortunate he was. To teach the obsequious inferior a lesson, Dionysus offered to swap places. There was a catch, however; above Damocles, sitting...Read More

Posted Jun 28, 2013

UK house prices still overpriced, but pity the Canadians

UK house prices may be rising again, but they are still too expensive. Or so is the inference from data published by the OECD this week.

In fact, suggests the OECD, UK house prices to rent are 31 per cent higher than the historical average since 1980, and to...Read More

Posted May 31, 2013

UK house prices still going up

Earlier this week, Hometrack rereleased its latest housing report, this time covering May. This morning it was Nationwide’s turn. And then finally, we have the latest data from the Land Registry. The big snag with Land Registry figure is that it lags behind most of the other reports. So while...Read More

Posted May 30, 2013

US and UK house prices on the mend. One is better than the other.

According to the Federal Housing Finance Agency, US house prices rose 7.2 per cent in the year to March, after rising in the two previous months. You would need to wind the clocks back to May 2006 to find the last time the annual rate of house price growth was...Read More

Posted May 28, 2013

Housing index goes positive

It was a day we had been waiting for. When it happened, it did not seem quite so special. The RICS housing market survey crossed the axis in April, moving from negative to positive.

The last time the headline index from the Royal Institution of Chartered Surveyors (RICS) went from negative...Read More

Posted May 14, 2013

April sees house prices rise – it’s unanimous

Not just one report, but three. And not just one month, but three.
For the third month running, the Halifax housing survey, Nationwide and Hometrack all had house prices rising. In April Halifax recorded a 1.3 per cent rise over the previous three months – it was the fifth time...Read More

Posted May 09, 2013

Is the UK housing market poised for recovery, and is that good or bad news?

Not one, not two, but three. It appears good news on the UK housing market is not like buses. You hang around waiting for ages, and instead of two coming along at once – which is what they say is happens in the world of public transport – with the...Read More

Posted Apr 16, 2013

Housing bellwether report still points to flat market

Many have speculated that 2013 will be a year of rising house prices, thanks largely to the funding for lending scheme. Others say changes introduced to supporting both would-be and existing home owners in the recent budget will lead to rising house prices next year and beyond.
These predictions may...Read More

Posted Apr 09, 2013

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