Tag #House Prices

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Regional UK House Price Divergence: Sharp Increases in North, Significant Falls in London

UK house prices rose 4.9% year-on-year to £269,000 in January 2025, but Blackburn with Darwen saw a 12% increase to £156,750 due to rising rents, while London areas like Westminster experienced a 17.2% drop due to increased stamp duty.

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56% Bias Score

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theguardian.com
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UK House Prices Rise for Sixth Month Despite Economic Slowdown

UK house prices rose 0.4% in February, continuing a six-month growth streak to £270,493 on average, despite economic slowdown, potentially driven by pre-April stamp duty increase purchases; annual growth slowed to 3.9%.

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28% Bias Score

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dailymail.co.uk
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ONS Recalculates UK Average House Price, Showing 4.6% Annual Growth Despite Methodology Change

The UK's average house price fell £22,000 to £268,000 in one month due to the Office for National Statistics (ONS) recalculating its methodology to reflect a higher proportion of smaller, less expensive properties sold since 2015; however, annual growth was 4.6%.

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60% Bias Score

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dailymail.co.uk
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UK House Prices Soar to Record High Amidst Impending Stamp Duty Hikes

Driven by impending stamp duty hikes, UK average house prices hit a record high of £299,138 in January 2024, fueled by a 0.7% monthly increase and improved mortgage rates, despite stagnant economic growth.

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48% Bias Score

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theguardian.com
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UK House Prices Hit Record High Despite Economic Slowdown

UK house prices hit a record high of £299,138 in January, up 0.7%, fueled by pre-stamp duty increase purchases, despite slowing annual growth to 3% and economic concerns; first-time buyer thresholds are dropping to £300,000 from £425,000 on April 1st.

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40% Bias Score

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smh.com.au
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Sydney House-Unit Price Gap Hits Record $610,662

Sydney's median house price is almost double the unit price, creating a $610,662 gap impacting affordability for both first-home buyers and upsizers, forcing some to relocate or compromise on location and property type.

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44% Bias Score

Reduced Inequality
theguardian.com
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UK House Prices Stagnate After Stamp Duty Holiday Ends

UK house prices stagnated in March at £271,316 due to the end of a stamp duty holiday, resulting in a predicted slowdown; however, regional variations showed Northern Ireland with 13.5% annual growth and London with only 1.9%.

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44% Bias Score

Reduced Inequality
dailymail.co.uk
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UK House Prices Rise for Sixth Consecutive Month Amid Looming Stamp Duty Changes

UK house prices rose 0.4% in February to £270,493, marking six months of consecutive growth driven by first-time buyers rushing to beat upcoming stamp duty increases; annual growth stands at 3.9%, though transactions remain below historic levels.

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36% Bias Score

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dailymail.co.uk
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Massive Deposits Needed to Buy Homes in UK Cities

New research from April Mortgages shows that buying a home in over half of Britain's biggest towns and cities typically requires a deposit of over £100,000, with 16 locations demanding over £200,000, due to the widening gap between house prices and average incomes, impacting affordability for averag...

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56% Bias Score

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bbc.com
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UK House Prices Hit Record High Ahead of Stamp Duty Changes

UK house prices hit a record high of £299,138 in January 2024, with annual growth slowing to 3%, but strong mortgage demand persists, potentially due to buyers anticipating April's stamp duty increase which raises the threshold from £250,000 to £125,000 and reduces the first-time buyer threshold fro...

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44% Bias Score

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smh.com.au
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Sluggish Australian House Price Growth Fails to Ease Affordability Crisis

KPMG predicts a 3.3 percent increase in Australian house prices in 2025, with units outpacing houses at 4.6 percent; however, experts warn this is insufficient to address affordability concerns stemming from high interest rates and limited housing supply.

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52% Bias Score

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smh.com.au
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Melbourne's Premium Suburbs See Sharp House Price Drops in 2024

Melbourne's premium suburbs experienced significant house price drops in 2024, creating a buyer's market. Toorak's median price fell 26.4% to $4.2 million, while other areas like South Yarra and Armadale saw double-digit declines, driven by reduced borrowing capacity and increased housing stock. Con...

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40% Bias Score

Reduced Inequality

Showing 13 to 24 of 31 results