Housepresso 24 April 22
What do home buyers want?
Whathouse is the leading new homes property portal and this week they released their 2022 New Home Buyer Survey. The survey asked homebuyers across the UK what the most and least important attributes of their next home would be, and you might find the results surprising.
First Time Buyers appear more interested in having a driveway than smart devices in their home.
Are house prices falling where you live?
Whilst we talk about house prices going up or down, it is not as simple as that. Whilst the latest house price data from the Land Registry reported that house prices overall increased, at the local authority level house prices fell in 88 of the 377 local authorities we track, around one in four.
We hope that you don't own a home in one of these areas, but to find out the worst-performing 25 areas, click read more below:
Housing emergency on planet earth
Is building more social housing the answer to our housing crisis. Speaking at a conference hosted by the housing charity shelter this week Housing Secretary Michael Gove said that even the most Thatcher-worshipping, home ownership-fetishising, capital-accumulating individuals want more social housing. Do you agree?
Housing transactions rise in March
It is comforting that housing transactions were higher in March. So far, rising interest rates (and therefore mortgage rates) and cost of living increases have yet to dampen the enthusiasm and willingness to move of the UK's homebuyers and homeowners.
At 114,650 housing transactions in March were 17% ahead of their long-run average of 98,000 and the trend, for now, is up not down.
Twindig Housing Market Index
In the week that saw housing transactions rise again, for the fifth month in a row, the Twindig Housing Market Index rose for the first time in April this week, increasing by 2.3% to 80.2, its highest level since the 26 February 2022.