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    Industry veteran Harry Hill has become the latest to warn of a drastic decline in house prices. The Rightmove founder and former Countrywide boss has said he expects price reductions of 20% should the UK fall into a deep recession. Speaking in an interview with the Mail on Sunday, Hill said ...
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    by Calculated Risk on 11/29/2022 09:51:00 AM Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index “Continued to Decline” to 10.6% year-over-year increase in September Excerpt: Both the Case-Shiller House Price Index (HPI) and the Federal Housing Finance Agency (FHFA) HPI for September were released today. Here is a graph of ...
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    On Friday evenings, as workers get ready for the weekend, Stockport’s ancient market square comes to life. Grazing on street food, sipping a beer and listening to live music, Stockport’s monthly “foodie Friday” has become a huge draw and a symbol of how this industrial town, for so long overshadowed by its towering neighbour, Manchester, ...
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    by Calculated Risk on 11/26/2022 08:11:00 AM The key report this week is the November employment report on Friday. Other key indicators include the 2nd estimate of Q3 GDP, the September Case-Shiller and FHFA house price indexes, October Personal Income & Outlays (and PCE), the November ISM manufacturing index, and November vehicle sales. Fed Chair ...
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    by Calculated Risk on 11/25/2022 10:38:00 AM Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller, FHFA House Prices Indexes and Conforming Loan Limits will be released on Tuesday Brief excerpt: Last week, the National Association of Realtors® (NAR) reported that median house prices were up 6.6% year-over-year (YoY) in October. This is down from ...
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    Wealthy London homeowners are being forced into becoming “accidental landlords” as the market slumps.  Agents have reported a jump in high-end London rental supply as sellers give up on sales and move their properties on to the rental market as a result of the post-mini-Budget mortgage chaos.  In the first two weeks of November the ...
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    A mortgage relief scheme buried in the Autumn Statement will provide a lifeline to struggling families and potentially soften house prices falls, experts have said. The Treasury is to extend support for low income homeowners struggling with high mortgage costs. People on universal credit will now be able to apply for a loan from the ...
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    Suburban House And A Sold Sign. (Photo by H. Armstrong Roberts/Retrofile/Getty Images) Retrofile/Getty Images Our crazy, volatile house prices hurt first-home buyers who buy near the top of the market and last-home sellers who have to sell near the bottom of the market. Millennial first-home buyers who bought at the top of the recent boom ...
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    Historical market trends infer that a good World Cup performance by the England team usually correlates to a boost in house prices. By comparing and contrasting historic housing market trends Barrows and Forrester were able to come to this conclusion. The level of inflation-adjusted house price growth across the English market ...
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    Back in September, then-Chancellor Mr Kwarteng raised the nil-rate stamp duty band from £125,000 to £250,000, and raised the tax-free first-time buyer threshold from £300,000 to £425,000. This brought the thresholds largely in line with house price growth since they were last adjusted – which for the main nil-rate band was in 2006. If the ...