5 Fact Friday 29 Nov - Down Price pressure increases - Transactions up.
Description
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5FF 29 Nov 2024
Halifax says “affordability improving”
https://www.lloydsbankinggroup.com/media/press-releases/2024/halifax-2024/halifax-affordability-review.html
Government Announces £3bn funding for homebuilders
https://www.gov.uk/government/news/3-billion-housebuilding-schemes-to-unlock-homes-and-boost-growth
Housing Market Boxing Day Bounce Myth Debunked
https://x.com/emmafildes/status/1862424075689246751
50% of mortgage holders will see costs rise in next 3 years - Bank of England (Bad for prices, which is good for transactions)
https://x.com/faisalislam/status/1862452844583846286
October Housing Transactions jump 23% on last year.
https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above/uk-monthly-property-transactions-commentary
Bonus Fact:
Zoopla House Price Index
https://www.zoopla.co.uk/discover/property-news/house-price-index/
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