{"id":6100445,"date":"2024-09-02T07:00:08","date_gmt":"2024-09-02T06:00:08","guid":{"rendered":"http:\/\/www.buyassociationgroup.com\/en-au\/?p=6100445"},"modified":"2024-09-02T07:00:08","modified_gmt":"2024-09-02T06:00:08","slug":"the-7am-cut-17","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/the-7am-cut-17\/","title":{"rendered":"The 7am Cut"},"content":{"rendered":"
BuyAssociation curates a weekly news letter of the top property news headlines \u2013 to receive your weekly round up of property news,\u00a0register today.<\/a><\/strong><\/p>\n In the news this week<\/a>: house prices are set to rise through the rest of the year; property listings hit a 7-year high and Manchester continues to make headlines as a prime location for investment…<\/p>\n <\/p>\n “The stock of homes for sale in the UK was 14% higher over the past month compared with the same time in 2023, according to analysis published by property website Zoopla on Wednesday.<\/p>\n More buyers and sellers have been coming back to the market after almost two years of muted activity caused by higher borrowing costs, as the BoE raised its benchmark rate to a 16-year high of 5.25% in a bid to tame inflation”…<\/p>\n Read the full article<\/a><\/p>\n <\/p>\n “Property prices are now at 0.5% inflation compared to a year ago. However, the average UK house price is set to rise by 2.5% by the end of the year.<\/p>\n All key measures of sales market activity are higher than they were in 2023. This has largely been supported by economic growth and rising consumer confidence”…<\/p>\n Read the full article<\/a><\/p>\n <\/p>\n “After a year of sustained price falls in 2023, the estate agency updated its forecast for UK house prices in May to rise by 3% in 2024, up from an earlier estimate of a 4% drop”…<\/p>\n Read the full article<\/a><\/p>\n “Labour is forging ahead with plans to increase the number of homes across the country, and its targets could mean a big boost for total UK housing value.<\/p>\n Analysing annual house price growth figures of the average new-build of 3.5% per year, Benham and Reeves estimates that a further \u00a3161.6bn worth of property could hit the housing market over the next five years \u2013 if Labour manages to deliver on its promise”…<\/p>\n Read the full article<\/a><\/p>\n “Research by JLL found that the monthly price paid for new-build apartments in the city and neighbouring Salford has increased by 50% over the last three years, while Leeds remains the cheapest of the UK\u2019s six largest regional markets”…<\/p>\nUK property market set for busy autumn as listings hit 7-year high<\/h3>\n
– Joshua Oliver, Financial Times<\/h4>\n
House Price Index: August 2024<\/h3>\n
– Richard Donnell, Zoopla<\/h4>\n
UK house prices on track to rise this year<\/h3>\n
– Marc Da Silva, Property Industry Eye<\/h4>\n
<\/h3>\n
UK housing stock could be worth \u00a3161.6bn more under Labour<\/h3>\n
– Eleanor Harvey, BuyAssociation<\/h4>\n
\nManchester resi rents soar compared to regional rivals<\/h3>\n
– Dan Whelan, Place North West<\/h4>\n