RICS Residential Market Survey (Mar.)

The extension of the stamp duty holiday has given the ongoing housing market boom renewed momentum and could push house price inflation up from 6% in March well into double figures by the summer.
Andrew Wishart Property Economist
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UK Housing Market Data Response

RICS Residential Market Survey (Dec.)

Sales and prices rose further in December, but there were clear signs that momentum was waning even before the new lockdown was imposed. Indeed, with the end of the stamp duty holiday looming, most surveyors now expect prices to fall. We forecast a 5% drop in house prices this year.

11 June 2021

UK Housing Market Data Response

RICS Residential Market Survey (May)

The looming end of the stamp duty holiday has only applied the slightest dab to the brakes of the housing market thus far. But while the new buyer enquiries started to ease, sales instructions fell more sharply suggesting that strong demand relative to supply will continue to push up house prices in the near term.

10 June 2021

UK Housing Market Data Response

Mortgage Lenders and Administrators Statistics (Q1 21)

The rise in mortgage lending to its highest level since the financial crisis in Q1 was driven by a huge increase in existing homeowners moving. As a result, the 9% y/y increase in house prices recorded by the ONS in Q1 has been achieved without significant loosening in credit conditions.

8 June 2021
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