{"id":5024164,"date":"2019-07-04T14:30:46","date_gmt":"2019-07-04T13:30:46","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=5024164"},"modified":"2019-07-04T14:30:46","modified_gmt":"2019-07-04T13:30:46","slug":"homeowners-in-the-north-are-most-optimistic-about-house-price-growth","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/homeowners-in-the-north-are-most-optimistic-about-house-price-growth\/","title":{"rendered":"Homeowners in the north are most optimistic about house price growth"},"content":{"rendered":"<p><strong>Zoopla revealed 91% of homeowners in Yorkshire and the Humber are expecting to see house prices rise over the next six months.<\/strong><\/p>\n<p>A recent report by Zoopla delved into where homeowners in Britain are the most and least optimistic about <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/11\/02\/north-of-england-and-west-midlands-house-prices-set-to-keep-growing\/\">house price growth<\/a>. Even though house prices have slowed down recently, 81% of people think property values will rise in their area. Overall, homeowners expect prices to increase by an average of 4.8% in the next six months.<\/p>\n<p>Laura Howard, spokesperson for Zoopla, commented:<\/p>\n<blockquote><p>\u201cDespite evidence of a slowing housing market and ongoing political uncertainty, homeowners remain optimistic about the future of <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2019\/01\/30\/regions-defy-post-brexit-vote-house-price-uncertainty\/\">property prices<\/a>.\u201d<\/p><\/blockquote>\n<p>With significant variation among regions, homeowners in the north of England tend to have more confidence in the housing market, while those in the south are more pessimistic. Homeowners in <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2019\/05\/20\/rental-room-costs-have-increased-by-50-in-leeds\/\">Yorkshire and the Humber<\/a> are the most optimistic with 91% predicting property prices will increase. Of those who are forecasting price growth, these homeowners believe prices will go up by an average of 4.5% across the next six months.<\/p>\n<p>The <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/09\/21\/north-west-leading-the-way-in-uk-property-price-rises\/\">north-west<\/a> is the second most optimistic region with 90.5% thinking prices will increase in the next six months. Scotland is close behind with 90.3%. Those in Scotland are expecting the biggest price increase with 5.5%.<\/p>\n<h4>Homeowners in the south are feeling pessimistic<\/h4>\n<p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2019\/02\/08\/regional-rents-grow-while-london-stalls-following-brexit-vote\/\">London<\/a> homeowners are the least hopeful with 32.8% forecasting prices will drop by an average of 6.7%. This is not surprising as property prices in the capital have fallen, especially in the past year. Homeowners in the <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/12\/12\/north-and-midlands-asking-prices-rise-while-london-and-south-east-slump\/\">south-east<\/a> are also downbeat with 26.1% predicting housing prices to decrease by an average of 6.1%.<\/p>\n<p>The south, especially London, has felt the brunt of stalling housing prices since the EU referendum. <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2019\/01\/30\/regions-defy-post-brexit-vote-house-price-uncertainty\/\">Regional cities<\/a> in the north have been the most resilient throughout political and economic uncertainty, which is likely why many homeowners in the north feel more confident about the property market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zoopla revealed 91% of homeowners in Yorkshire and the Humber are expecting to see house prices rise over the next six months. A recent report by Zoopla delved into where homeowners in Britain are the most and least optimistic about house price growth. Even though house prices have slowed down recently, 81% of people think<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-au\/news\/homeowners-in-the-north-are-most-optimistic-about-house-price-growth\/\" title=\"ReadHomeowners in the north are most optimistic about house price growth\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1982,"featured_media":5024166,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[33,273,314],"class_list":["post-5024164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk-housing-market","tag-house-prices","tag-north","tag-north-west"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/5024164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1982"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=5024164"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/5024164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/5024166"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=5024164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=5024164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=5024164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}