Move & Store
  • Home
  • About
    • Storage
    • Removals
    • Business
    • Logistics
    • Packaging
    • Man and Van
    • Property Clearances
  • News
  • Contact

property news

Shortage of homes keeping prices high, says Nationwide

3/8/2017

 
The shortage of homes coming on to the market is helping to keep house prices high, the Nationwide has reported.
​
The building society said that prices increased by 0.3% in July, the second month running there has been a rise.

Nationwide said the increase appeared to be at odds with recent signs of cooling in the housing market.
Over the last year, prices are up by 2.9%, slightly lower than last month's rate of 3.1%.

Earlier this month, the Royal Institution of Chartered Surveyors (Rics) said estate agents had fewer properties on their books than at any time over the last 40 years.
Picture
"Constrained supply is likely to continue to provide support for house prices and, as a result, we continue to expect prices to rise by about 2% over 2017 as a whole," said Robert Gardner, Nationwide's chief economist.

However the ratings agency Moody's said it thought that house prices were now likely to fall outright.

HM Revenue and Customs reported that the number of housing transactions dropped to its lowest level for eight months in June.

And earlier this week, the Bank of England said the number of mortgage approvals in the month fell to a nine-month low of 64,684.
​
Based on its own data, the average price of a house or flat in the UK is now £211,671, the Nationwide said.

Source: bbc.co.uk

Comments are closed.

    Archives

    April 2018
    March 2018
    February 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    May 2017
    April 2017

    Categories

    All
    Affordable Housing
    Brexit
    Home Improvement
    Landlord & Tenant News
    Moving Home
    Property Clearance
    Property News
    Rental News
    Shared Ownership
    Storage
    Storage Tips And Advice

    RSS Feed

What Our Clients Are Saying

Great service provided for an office removal and install requirement we had in Bristol. Great communication and service. Would recommend to anyone needing a transport solution. Thanks again, Hengrove Printing.

Great business,very useffl storage facility for our business, SJH Electrical.

Excellent service and would highly recommend. Swift and professional., L Cook, South Gloucs.

​
Very helpful and professional. Organised a full house clearance and it was done quickly and at a very reasonable price. I'd highly recommend this service.
​Sarah P, Property Developer.

    Enquire Today!

Submit
​© 2017 Move and Store UK Ltd, Co Reg: 10934690
Registered Waste Carrier CBDU180332
Website created by Brand14.com

​Removals Terms | Privacy Policy 
​Storage Terms & Conditions
​
Property Clearance Terms
Code of Practice
Picture
Photo used under Creative Commons from Ella's Kitchen Company Limited
 Property Clearance Bristol  Business Removals Bristol  House Removals Bristol  Man and Van Bristol
Office Clearance Bristol  Furniture Installation  Business Removals Gloucestershire  ​
Enquiries: 0117 2441918 - 07772 099078, or e-mail info@masuk.co.uk
  • Home
  • About
    • Storage
    • Removals
    • Business
    • Logistics
    • Packaging
    • Man and Van
    • Property Clearances
  • News
  • Contact
✕