{"id":1913,"date":"2016-12-13T07:00:11","date_gmt":"2016-12-13T07:00:11","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=1913"},"modified":"2023-09-27T11:14:07","modified_gmt":"2023-09-27T10:14:07","slug":"house-prices-continue-rise-despite-brexit","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/13\/house-prices-continue-rise-despite-brexit\/","title":{"rendered":"House prices continue the rise, despite Brexit"},"content":{"rendered":"<p><strong>The latest housing index gives more indication that <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/24\/brexit-property-tax-autumn-statement-everything-need-know\/\" target=\"\" rel=\"noopener\">Brexit fears<\/a> are not yet hitting the country\u2019s housing market as annual rates for house prices growth have increased.<\/strong><\/p>\n<p>Although the ex-Chancellor issued some warnings about a <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/15\/uks-house-prices-5-years-now\/\">house price crash<\/a> before the country made a decision on its EU membership, those fears have so far stayed unfulfilled.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"Dfx1URPdQI\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/09\/trump-brexit-uks-property-market-dilemma-opportunity\/\">Trump, Brexit &#038; the UK\u2019s Property Market &#8211; Dilemma or Opportunity?<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Trump, Brexit &#038; the UK\u2019s Property Market &#8211; Dilemma or Opportunity?&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/09\/trump-brexit-uks-property-market-dilemma-opportunity\/embed\/#?secret=8EWbILZqT6#?secret=Dfx1URPdQI\" data-secret=\"Dfx1URPdQI\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>The data of the <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/09\/house-prices-grew-faster-november-halifax-says\/\" target=\"\" rel=\"noopener\">latest house price index<\/a> shows a 6% annual price increase in November and a 0.2% monthly increase.<\/p>\n<p>Whilst the annual rate of house price growth had been on a steady downwards spiral ever <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/09\/house-prices-experienced-biggest-rise-since-march\/\" target=\"\" rel=\"noopener\">since reaching peak at 10% in March<\/a>, November has seen a rise again.<\/p>\n<p>Halifax\u2019s housing economist, Martin Ellis, said: \u201cVery low mortgage rates and an ongoing, and acute, shortage of properties available for sale should help support price levels although annual house price growth may slow over the coming months.\u201d<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"NUJ33WxfGo\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/09\/house-prices-grew-faster-november-halifax-says\/\">House prices grew faster in November, Halifax says<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;House prices grew faster in November, Halifax says&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/09\/house-prices-grew-faster-november-halifax-says\/embed\/#?secret=mGSAu6qrxg#?secret=NUJ33WxfGo\" data-secret=\"NUJ33WxfGo\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Although confidence in the country\u2019s housing market has dropped to its lowest level in three years, the majority still expects prices to go up, the latest Halifax Housing Market Confidence revealed.<\/p>\n<p>The survey tracks consumer sentiment on whether <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/21\/uk-house-price-growth-continues-strong-trend\/\" target=\"\" rel=\"noopener\">house prices<\/a> will be higher or lower in a year. The most recent survey revealed that since March 2016 the number of those expecting house prices to be higher declined by 14 points, however, 57% still believe house prices to have increased one year from now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest housing index gives more indication that Brexit fears are not yet hitting the country\u2019s housing market as annual rates for house prices growth have increased. Although the ex-Chancellor issued some warnings about a house price crash before the country made a decision on its EU membership, those fears have so far stayed unfulfilled.<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/13\/house-prices-continue-rise-despite-brexit\/\" title=\"ReadHouse prices continue the rise, despite Brexit\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[79,36,35,37,49],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1913"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=1913"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1913\/revisions"}],"predecessor-version":[{"id":6096348,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1913\/revisions\/6096348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/4595"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=1913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=1913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=1913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}