Average UK house prices up £2000 in January, but buyers remain 'choosy'
Average UK house prices up £2000 in January, but buyers remain 'choosy'
A sign advertising a house sale in London where property prices went into decline in 2017 for the first time since 2009. Neil Hall EPA
15 January, 2018, 13:19
The average price was up 0.7% to £297,587.
It adds that average asking prices are up 0.7 per cent over the past month - a very similar figure to the 0.6 per cent recorded in January 2017 and with an nearly identical number of properties coming to the market. In a further concerning sign for the market, the average number of days required to sell a house jumped to the longest since January 2012, reaching 78 from 71 a month earlier.
This is just as tight as it was a year ago, with the level of average overall stock per estate agency branch (including under offer and SSTC) between the start of December 2017 and the start of January 2018 static at 42 properties.
Asking prices for properties popular with first-time buyers - those with up to two bedrooms - rose 1.1pc in January, the biggest rise ahead of second-stepper properties at 0.4pc.
"Couple this with competitive mortgage rates and a Stamp Duty exemption, and first-time buyers should find it that little bit easier to get on the property ladder", he adds. "Setting tempting asking prices and then quickly reducing them if there is little initial interest will be key to turning this promising level of buyer activity into actual sales, especially in the less active sectors and locations of the United Kingdom".
India 183-5 at stumps on day two It was two paced. "It is not that we have lost very handsomely, we came very close, we were in the game all the while". Remarkably, there are some who thought Ngidi had greater promise than Rabada when the two were in their teens.
Rightmove, which tracks 90% of the United Kingdom property market, said there had been a "busy start" to 2018, with more than 4m visits a day to its site, up almost a tenth on past year. "While potential buyers are still busy looking, they are looking for good value and the right property".
The London housing market stuttered in 2017, after an extended period of growth in house prices.
Miles Shipside, Rightmove director and housing market analyst comments: "Considering some of the gales that buffeted the market in the latter part of 2017, these early readings for 2018 show that there is now a good following wind of search activity". We need to remember that Rightmove's data is based on asking prices and therefore will reveal more of a vendor behaviour than a buyers. So whilst asking prices haven't increased significantly in January, frankly the situation is better in most regions than many had hoped.
"Of course, the Chancellor's recent announcement that Stamp Duty would be removed for first-time buyers of properties of up to £300,000, or on the first £300,000 of higher value properties up to £500,000, is the focus of much attention in terms of the impact that it's having on the market". That said, London is still seeing prices cooling, which is a continuation of the trend which has been brewing since past year.
Macquarie Limited holds 0.02% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE: WTW ) for 75,035 shares. The firm has "Buy" rating given on Wednesday, January 4 by Sidoti. (NYSE: WTW ) rating on Tuesday, August 11.
Nintendo revealed another slew of titles that will come to the Switch, from old favorites and cult classics to, uh, Dark Souls . These will be released Jan 31st and March 23rd respectively and you can purchase the complete battle pack now.
It added that proceeds will go towards investments in growth such as buying into foreign information technology companies. The Nikkei reported that SoftBank Group expanded in Japan with telecommunications as its main business.
Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aviva Plc who had been investing in Intuit for a number of months, seems to be bullish on the $42.06B market cap company.
The bench also ordered authorities concerned to start immediate inspections of all the companies manufacturing packaged milk. The Chief Justice of Pakistan has directed the milk brands to mention clearly on their packs the term "whitener" not "milk".
The protesters claimed the Fabian Society was "subverting our English constitution", with one quoting the Magna Carta. The protesters were later escorted from the venue by police. 'We're not leaving, we've paid for a ticket'.
Cubist Systematic Strategies invested in 0.02% or 9,578 shares. (NASDAQ:REGI). 3.07M were accumulated by Carlson Ltd Partnership. A publicly-traded company's most recent 13F filings give us important details about the organization's institutional ownership.
Among his many sports auto victories was in the 1967 Le Mans 24 Hours for Ford with fellow American AJ Foyt. The last of his four Formula One wins - in the 1967 Belgian Grand Prix - came in a vehicle he constructed.
The Oslo Accords led to partial self-determination for the Palestinian people, along with the PLO's recognition of Israel. Abdel-Hamid said it came as no surprise that Israel is calling for UNRWA's demise.
Pasco Sheriff's Office deputies responded to assist, as well as the Coast Guard and the Florida Wildlife Commission. The incident happened at about 4:17 p.m. when emergency personnel were called to a fire on a SunCruz casino boat.
Sg Americas Secs Ltd Liability Com holds 0.02% or 5,563 shares in its portfolio. 546,215 were accumulated by Fred Alger Mngmt Inc. It worsened, as 24 investors sold EQIX shares while 144 reduced holdings. 59 funds opened positions while 177 raised stakes.
Federal judge blocks Trump's plan to terminate DACA
Democrats and many Republicans , including the president himself, profess their desire to shield Dreamers from deportation. On Tuesday, Senate Majority Leader Mitch McConnell said he wanted to pass the two pieces of legislation separately.
Former England and West Brom striker Cyrille Regis dies
Regis represented England at under-21 level and won his first senior cap in February 1982 against Northern Ireland. He scored 62 goals in 274 appearances for Coventry and was pivotal in their FA Cup-winning side in 1987.
Finserv firm Capital First to merge with IDFC Bank
Meanwhile, IDFC Bank slipped 3.62 per cent to a low of Rs 65.20 on BSE and on the NSE it fell 3.48 per cent to Rs 65.15. IDFC Bank made a profit of Rs 233 crore and Capital First Rs 70.93 crore for the September quarter.
Researchers confirm existence of 'baby brain'
The most notable change researchers observed was the decline in memory performance, particularly during the third trimester. Research has proven "baby brain" as a genuine phenomenon which affects the functionality of four in five pregnant women.
Saints season ends on Vikings divine intervention
Minnesota , as a result, marches into the NFC Championship Game next week to face the ailing Philadelphia Eagles . And their offense - led by unlikely star Case Keenum - has been eye-catching in their own right.
JeM terrorists killed in JK
The army's quick retaliation, say sources, indicate a new, proactive approach in the face of incessant Pakistani provocation. A massive search operation is underway in the area to see if any other militant was hiding in the area.