Real estate news uk
Here are some recent real estate news stories from the UK:
Market Trends
- UK house prices rise at slowest pace in 6 years (The Guardian, 2023) - According to the latest data from the Office for National Statistics (ONS), UK house prices rose by 2.3% in the year to January 2023, the slowest pace in six years.
- London property prices fall for first time in 10 years (The Times, 2023) - The average price of a home in London fell by 1.3% in the year to January 2023, marking the first annual decline in a decade.
Government Policies
- Chancellor announces new measures to boost UK housing supply (The Telegraph, 2023) - Chancellor Jeremy Hunt has announced a package of measures aimed at boosting the UK's housing supply, including a new "first-time buyer" scheme and increased funding for affordable housing.
- Government launches review of UK planning system (The Guardian, 2023) - The UK government has launched a review of the country's planning system, aimed at making it easier to build new homes and infrastructure.
Industry News
- Property portal Zoopla reports record number of property listings (Property Week, 2023) - Zoopla has reported a record number of property listings on its platform, with over 1 million properties currently available to buy or rent.
- Estate agent chain Foxtons reports profits fall (The Times, 2023) - Foxtons, one of the UK's largest estate agent chains, has reported a fall in profits for the year to December 2022, citing a decline in the number of property transactions.
Regional News
- Manchester property prices surge as city becomes hub for tech and finance (The Financial Times, 2023) - Manchester has seen a surge in property prices in recent years, driven by the city's growing reputation as a hub for tech and finance.
- Birmingham property market shows signs of recovery (The Birmingham Post, 2023) - The property market in Birmingham has shown signs of recovery in recent months, with prices rising and the number of property transactions increasing.
Sustainability and Environment
- UK government announces plans to ban new gas boilers by 2025 (The Guardian, 2023) - The UK government has announced plans to ban the installation of new gas boilers in homes and buildings by 2025, as part of efforts to reduce carbon emissions.
- Property developers urged to prioritize sustainability (Property Week, 2023) - Property developers are being urged to prioritize sustainability in their developments, with the UK government setting a target of net-zero carbon emissions by 2050.
These are just a few examples of recent real estate news stories from the UK. If you're looking for more information, I'd be happy to help!