Rightmove and ONS published their house price indices this week, warning of imminent slowdowns in the UK housing market.
The crisis in Ukraine is having an impact on rising build costs, due to reports this week, as Vistry and Countryside post results.
Both Rightmove and Nationwide have revealed that annual house price growth slowed to the end of April – but strong buyer demand continues.
The ONS published their latest house price index for February this week, whilst the CLC and other bodies warn of rising material and labour costs.
Rishi Sunak delivered his Spring Statement this week, whilst the HBF reveal their latest Customer Survey Satisfaction results.
The war in Ukraine is driving material price rises, which – along with ongoing labour shortages – is posing considerable challenges to the housing industry.
The ONS have revealed that house prices rose by almost 11% in 2021, as Gove tells developers they could be blocked from building if they do not assist in cladding remediation.
The Government’s ‘Levelling Up’ white paper is finally published. What does it say about housing in the UK?
Zoopla have reported a surge in buying demand, as house prices increase by 7.4% in the year. Meanwhile, further material price rises are announced by major manufacturers.
Construction output surged in November, as material prices flatten for the first time since September 2020. Meanwhile, several housebuilders announce results to the City, with differing fortunes.