All Market articles – Page 8
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Annual house price inflation slows to 1.7%
Official figures show slow annual growth but third successive month-on-month rise
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Housebuilding output at highest for three months in June
Housebuilding output recovered in June to hit its highest level for three months, according to official data, despite a slew of grim warnings from housebuilders in recent weeks. Seasonally adjusted figures from the Office for National Statistics showed that housebuilding output increased by 1.3% to £3.61bn in the month, its ...
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House sales at weakest level since first Covid lockdown
RICS’ latest Residential Market Survey of estate agent suggests high mortgage rates are impacting on buyer activity
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Bellway predicts ‘material’ drop in output in the year ahead
Housebuilder says forward sales down 44% and market has weakened further in last two months
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Bellway to shut two divisions amid market ‘slowdown’
Housebuilder launches major restructure and redundancy consultation ahead of trading update tomorrow
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Property prices drop in July for fourth month in a row
Prices down 2.4% annually but Halifax spots signs of resilience in latest monthly survey
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Construction returns to growth but housing stays stuck in doldrums
Bellwether index says comemrcial and infrastructure drove activity last month
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Lovell profit hit by drop in open market sales
Partnerships housing arm of Morgan Sindall increases order book 27%
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Affordable housing to make up a quarter of institution-owned homes by 2025
JLL says numbers of homes built by ‘for profit’ providers to double to nearly 60,000
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Redrow to shut two divisions as it launches restructure
Listed housebuilder blames economic climate as it cuts overhead and prepares to reduce output
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Help to Buy scheme ends after funding new homes worth £110bn
Official figures show the scheme supported 390,000 house purchases
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L&G Affordable Homes falls to £7.5m loss
Insurance giant subsidiary reports 2022 loss after revaluation of homes in wake of mini budget turmoil
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Weston founder predicts 40% national housebuilding drop
Bob Weston predicts steep fall in output over the next 12 months
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Average house prices dip 0.2% says Rightmove
The property portal also reports declining volume of homes for sale compared to four years ago
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Weston boss distances himself from modular at offsite factory launch
Bob Weston says ‘no comparison’ between failed volumetric ventures like Ilke and his panelised system
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Barratt predicts 25% completions slump for 2024
Housebuilder says private reservations have dropped significantly in recent weeks as interest rates have risen
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Avant poaches Persimmon executive to head customer care function
Appointment of Amy Crisp comes after Avant’s customer satisfaction performance drops to three stars
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Average mortgage cost tops post mini-Budget high
Two-year fixed-rate mortgage deals now at the highest rate seen for 15 years
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Brickmaker cuts jobs as housing recovery stalls
Forterra announces redundancy consultation amid ‘significant uncertainty’ in demand as interest rates rise
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Travis Perkins poaches Crest Nicholson finance boss
Duncan Cooper to move to builders merchant in 2024