View more on these topics

House prices up 9% year-on-year


House prices in the three months to November were 9 per cent up on the same period last year, says Halifax.

Annual house price growth slowed from 9.7 per cent in October.

While prices were up year-on-year, they fell 0.2 per cent to £204,552 between October and November.

Halifax housing economist Martin Ellis says: “Solid economic growth, rising real earnings and falls in already very low mortgage rates have combined to stimulate housing demand this year.

“The increasingly acute imbalance between supply and demand is causing prices to rise at a robust pace. A situation that is unlikely to reverse significantly in the short-term.”

Dragonfly Property Finance managing director Mark Posniak says: “The overall rate of growth may have slowed slightly but house prices continue their seemingly inexorable rise. With no immediate solution to the imbalance between supply and demand, house prices look set to continue to rise throughout 2016.

“The worry is that there is no concerted long-term strategy for tackling supply, either. The lack of properties being put up for sale remains an enigma given that mortgage rates and the cost of living are so low and consumer confidence, overall, is high.

“Talk of imminent interest rate rises has been going on for a year or two now and it may be that people want more clarity on the speed of rate rises before they commit to a purchase. It’s hard to believe that 2016 will see any change in the ongoing narrative of low supply, strong demand and rising prices.”



Halifax forecasts house price growth of 4-6% next year

Halifax has forecast that house prices will grow by 4-6 per cent in 2016, as the increasing difficulty in getting on the housing ladder and the prospect of a rate rise begin to put the brakes the market. In 2015, activity levels have remained modest by historical standard, the lender says. A continuing shortage of […]


House prices rise 3.7% year-on-year

House prices rose by 3.7 per cent from £189,388 a year ago to £196,305 in November, the latest figures from Nationwide Building Society show. The month-on-month increase was just 0.1 per cent and annual growth softened from 3.9 per cent in the year to October. Meanwhile, separate figures from the Land Registry for October show […]


House prices up 6.1% in 12 months to September

House prices increased 6.1 per cent in the year to September, according to new figures published today by the Office for National Statistics. Annual house price inflation was 6.4 per cent in England, 1.1 per cent in Wales, 1.1 per cent in Scotland and 10.2 per cent in Northern Ireland. On a monthly basis, prices […]


House prices to grow 20 per cent by 2020

House prices are set to rise by over 20 per cent in the five years to the end of 2020, the latest forecast from Knight Frank suggests. The estate agency group says that last year it correctly predicted the slowdown in UK house price growth in 2015. “While the market may end the year slightly […]

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations


News and expert analysis straight to your inbox

Sign up