Source: Halifax House prices in the United Kingdom posted a steep increase in April, marking the 10th straight month of growth. IUKP is down 2.76%, while XHB is flat premarket. House prices in the UK posted a monthly change of 1.1%, following the 1.5% in March and 1.4% in April 2021.Prices recorded an annual change of 10.8%, versus the 11.1% in the previous month and 8.3% … [Read more...] about UK House Prices Climb for 10th Straight Month
House Prices
UK House Prices Sustain Double-Digit Growth in April
Source: Nationwide Building Society House prices in the United Kingdom continued to post double-digit annual growth in April, albeit at a slower pace than seen in the previous month. IUKP is up 0.74%, while XHB is up 0.36%. The annual house price growth stood at 12.1% in April, slower than the 14.3% increase recorded in the previous month. The latest reading is the … [Read more...] about UK House Prices Sustain Double-Digit Growth in April
Americans Expect Home Prices to Soar 7% Year-Ahead
Source: New York Fed One-year ahead, house prices are expected to rise by 7%, higher than the above 5.7% reading of last year. DJI is down -0.25%, DXY is up +0.21%. The house price gains are expected to go in tandem with rents, with an annual gain of 11.5%, with the number of renters expecting to own a home reported to be on a decline. The rents are expected to … [Read more...] about Americans Expect Home Prices to Soar 7% Year-Ahead
UK House Prices Jump by Annual 10.9% in February
Source: Office for National Statistics The average house price rose by 10.9% over the year to February 2022, an increase from 10.2% in January 2022. FTSE 100 up +0.0065%, GBPUSD down -0.01% Prices increased by 0.8% in the month, after a 1.1 monthly increase in January despite the possibility of rate hikes to ease inflation, driving up borrowing costs.The annual house … [Read more...] about UK House Prices Jump by Annual 10.9% in February
US National House Price Index Jumps by 19.2% In January
Source: S&P Dow Jones Indices US house prices increased by an annual 19.2% in January, accelerating from a gain of 18.9% the previous month. SPY is up +0.87%, DXY is down -0.97%. The 10-City Composite annual rise in house prices was posted at 17.5% in January, compared to 17.1% the previous month. The 20-City Composite rose by 19.1%, compared to the previous 18.6% … [Read more...] about US National House Price Index Jumps by 19.2% In January
