Average prices in England & Wales gain just £1,000 in the year
Prices creep slowly upwards on an annual basis. Transactions in May 2019 up 7% on previous month. Nottingham takes top spot in Conurbation annual house price growth league.
May sees further boost to mortgage market
Activity remains strong across the country. Yorkshire continues to be first-time buyer hotspot. Competitive mortgage rates drive existing homeowners to take out new loans.
April sees rise in mortgage approvals
Housing market slowdown yet to affect mortgages. First-time buyers benefit from increased lender focus. Strong growth in number of small deposit borrowers.
A split across England and Wales
Five regions now have falling prices on an annual basis. Transactions in April 2019 up 4% on April 2018. For second month running Merseyside tops Conurbation league in annual house price growth.
Mortgage approvals increase in March
March sees 4% annual rise in approvals. Mid-market borrowers dominate the market. Yorkshire has highest proportion of first-time buyer lending.
Mixed picture across England and Wales
House price growth remains at 1.8% for third consecutive month. Transactions in 2018 at their lowest in five years. Every region and 79 of the 108 unitary authority areas still record annual price rises.