Member of the National Association of Estate Agents (NAEA) have reported that the current market is levelling out; however there are still signs of uncertainty.
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Figures from PermanentTSB and ESRI in Ireland have showed that the average price of a house for first-time buyers passed the 250k euro mark for the first time in January.
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House prices in the UK fell by 0.2% in February, according to the latest survey from the Nationwide building society.
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House prices rose for the third consecutive month during February and at the fastest pace since June 2004, according to the latest price survey from Hometrack.
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Halifax Financial Services (HFS)has estimated that over £360bn in today’s money of housing assets will pass from one generation to another over the next 15 years.
Additionally, the value of housing assets left in wills every year may have more than doubled from £14bn in 2002/3 to £32bn in today’s money by 2020.
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Mortgage lending continued to slow at the start of 2006, according to the British Bankers’ Association (BBA).
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Gross mortgage lending totalled £23 billion in January - the highest January lending figure on record, according to the latest data from the Council of Mortgage Lenders.
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The average asking price of a home in England and Wales has passed the £200,000 barrier due to renewed demand from buyers, a report from Rightmove.co.uk has said.
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One third of first time buyers would avoid buying a home which was not energy efficient, a survey from the Clydesdale Bank has found.
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New research from Halifax shows that the value of the UK’s private housing stock has trebled over the past ten years from £1.1 trillion in 1995 to £3.4 trillion in 2005.
In fact the recent boom in property becomes more apparent as since 2000, the value of UK housing has risen 73% from £2.0 trillion.
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New research from RICS - the Royal Institution of Chartered Surveyors show that house prices continued their rise during January.
An extra 9pc of chartered surveyor estate agents confirmed a rise in prices than a fall for the three months to January, compared to 8pc in December.
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