Call You & Yours: What's the housing market like where you live - to rent and to buy?
House prices have fallen slightly. So have rental prices in some areas. What's the housing market like where you live - to rent and to buy?
We'd like to hear from you about housing.
Nationwide is reporting that house prices fell slightly last month. Hamptons says the same was true for rents in July. It's the first time that's happened in years.
Five years after the post-pandemic property boom, the UK housing market is undergoing a major reset - dubbed by some as “the five-year itch”. Following a surge in sales and prices in 2020–2021, driven by lifestyle changes, government incentives, and the race for space - stock levels are now at their highest since 2013, while demand has cooled. Asking prices are falling, especially in the countryside, where buyer interest has dropped sharply.
Prime outer London is holding steady amid a cooling market, with prices flat over the past year, unlike central London and rural areas where values have dropped.
What's the housing market like where you live - to rent and to buy?
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