Dataloft (now PriceHubble) reposted this
📊 🇬🇧 PriceHubble's Real Estate Economist, Julia Middleton recently presented her latest thoughts on the UK housing market outlook. Subscribers to Dataloft by PriceHubble, our market data and insight platform, had early access to this webinar and have exclusive access to insight and analytics on local markets across the UK. The headlines from the webinar are: 🏡 Political stability is a welcome boost for housing market sentiment. So too is the new government’s pro-growth agenda and ambitious targets for housebuilding. Indeed, improved sentiment was reflected immediately in housebuilder share prices which rose as the election result was announced. 📈 The recovery in the sales market has continued to solidify, although it lost a little momentum in the weeks before the election and confirmation of the interest rate cut. 📊 Stable prices provide buyers and sellers with more certainty. While transaction levels remain low, leading indicators for activity are strengthening. Indeed, mortgage approvals are now almost back to their long-term trend. Affordability metrics are encouraging too, underpinned by improvements in mortgage rates and continued strong earnings growth. To watch the webinar in full, visit: https://lnkd.in/eDiKeePh #pricehubble #dataloft #propertymarketinsight #housingmarket #propertydatasolutions
