Last year, we finally saw some sanity returning to the UK property market, with house prices falling in real terms. John Stepek looks at what to expect this year.
Britain's house price bubble
Share prices in the property sector crashed by more than 20% in mid-2016 as soon as the news of the Brexit vote came through. Yet the market has performed much better than many expected. Property returns have fallen in the last year, but have still been positive.
Home ownership has fallen sharply as house prices have spiralled out of control. The reason behind it is clear, says John Stepek. And there’s only one way to fix it.
The property market has fallen for the third month in a row. Is a dramatic fall in house prices on the cards, asks Sarah Moore.
UK house prices have been falling for three months now. John Stepek explains why, and whether this is a healthy adjustment, or the start of a crash.
We could soon see an inflation-driven correction in the housing market. That won’t make anyone particularly happy. But it might be the least damaging solution to the house price bubble.
With a two-year fixed mortgage – the most popular term – you could be shopping for a new mortgage just as the UK leaves the EU. It could be worth fixing your payments for longer, says Ruth Jackson.
Commercial property investors are getting increasingly worried about the market – just as local councils pile in. It’s a recipe for disaster, says John Stepek.
A property crash always unfolds in similar ways: credit runs dry, a priced-out majority stymies demand, confidence falters. Sound familiar? Then prepare for the bear, says Jonathan Compton.
In September, Dominic Frisby picked what he saw as the five worst investments you could make. Today he checks on his “dumb” investments to see how they have done.
The growth in house prices is slowing. That could be temporary. But there are two big vulnerabilities in the housing market that point to a significant slowdown, says John Stepek.