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.
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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.
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