June 2015 House Price Infographic

June 2015 House Price Watch indicates house prices are up on average 0.8% in the past month and the rate of annual house price growth has slowed to 6.1%.

  • Home sales stable (March HMRC data) and mortgage approvals fell slightly (March Bank of England data).
  • Supply of homes for sale remains tight with new instructions down so far in 2015
  • Confidence now is a good time to sell is rising and agents expect new enquiries to increase as uncertainty lifts post-election
  • The proportion who feel now is a good time to buy is down slightly and the recent Halifax Generation Rent report indicates that there are growing numbers of first-time buyers who are giving up on owning their own home.

 

June 2015 House Price Watch Infographic

 

 

Click for the full report, to see how we calculate our House Price Watch Index click here and to see previous reports click here