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The cost of the average house went up by 1.1% in July to £159,623.

Prices in the three months to July were 0.8% higher than in the previous three months, the first increase in the underlying trend since October 2007.

The annual rate of house price decline has now shrunk to just 12%, from 15% in June, moving in a similar direction to that of the Nationwide's rival survey.

BBC
05/08/09
House prices rising, says Halifax
http://news.bbc.co.uk/2/hi/business/8184746.stm



Bientôt la fin du printemps...

Nous devrions avoir le Halifax d'août 09 cette semaine publié ici. Rien à ce jour.

http://www.lloydsbankinggroup.com/media ... n_2009.asp

Wait and see. De toute façon ça ne peut que descendre...

LOL on est passé de "l'immobilier ça peut que monter" à "l'immobilier ça peut que descendre".

House prices rose by 0.8% in August compared with July - the second monthly rise in a row, says the Halifax.

But there was a note of caution in the survey, which pointed out that activity in the housing market remained less than half of the level that was seen in mid-2007.

"While it is now looking very likely that April marked the trough in house prices on the Halifax measure, we suspect that they will be prone to relapses over the coming months and we very much doubt that a sharp, sustainable upward trend in house prices is in the process of developing," said Howard Archer, economist at IHS Global Insight.

The Ernst & Young Item Club says property values will not return to their 2007 peak for at least another five years.

The CML [Council of Mortgage Lenders] said the number of new mortgages granted to house buyers stood at 56,000 in July, up by 24% from June and 19% higher than a year ago.

But the Item club argued that the increase in prices this year was largely due to an "acute shortage of available properties" and "a small number of cash-rich buyers".

The average home mover is still 40, the oldest since these records started in 1974.

Mortgage lending fell by 13% in August on the previous month, according to the Council of Mortgage Lenders(CML).

The CML said UK gross mortgage lending totalled about £12.6bn, down from July's revised total of £14.5bn.

Gross lending in the month was still more than a third down on the August 2008 figure of £19.9bn.

House prices in England and Wales fell very slightly in August, according to the Land Registry.

Prices dropped by just 0.1%, or £202, from July to take the average home price to £155,968.

That was 9.4% lower than in August 2008, a continued slowdown in the rate at which prices have fallen.

The Registry's figures add weight to recent suggestions that this year's revival in both prices and sales may be running out of steam, at least over the summer.

And the Council of Mortgage Lenders reported a drop in the amount of mortgage lending last month compared with July.

Meanwhile, the number of new mortgages approved but not yet lent by members of the British Bankers' Association also dipped in August.

UK house prices rose for the third consecutive month in September and showed the first quarterly increase for two years, according to the Halifax.

The average home rose in value by 1.6% in September compared with the previous month, to £163,533.

And prices in the three months to September increased by 2.8% compared with the previous quarter.

However, both could change and "constrain" prices in the coming months given the economic climate, said Halifax housing economist Martin Ellis.

The Halifax said that the annual change in prices showed that the value of the average home was 7.4% lower than September last year.

"Continuing increases in unemployment and low earnings growth are likely to constrain the rise in demand," he said.

"There are also some signs that the improvement in market conditions is encouraging more people to put their properties up for sale.

"This development could loosen market conditions by alleviating the current shortage of supply and curb the pace of house price growth evident in recent months."

The number of new mortgages granted for house purchase fell slightly in August to 53,000 from 56,000 in July

That total was still 29% higher than in August last year.

The value of total mortgage lending, which includes remortgaging and buy-to-let deals, was down 36% on a year ago.

Two-thirds of all mortgage deals currently available stipulate a minimum 25% down-payment, regardless of whether the borrower is a first-time buyer or not.

Lloyds Banking Group has agreed to sell its Halifax estate agency business to LSL Property Services for £1.

The loss-making business has 218 offices, 93 of which are franchise operations.

There are 121 Halifax banking counters located in estate agents, which will close down in early 2010.

Lloyds said that 1,050 employees would be transferred to LSL after the sale and approximately 360 full-time jobs would be cut.

UK house prices rose by another 1.2% in October, according to the Halifax, which the bank says is the fourth monthly increase in a row.

The Halifax said that the average price of a house was £165,528, which is still 4.7% lower than October last year.

The Halifax said prices were rising because of a combination of increased demand and fewer houses for sale.

UK house prices have risen for the seventh consecutive month, helped by better-than-expected news from the job market, the Nationwide has said.

The typical home was 2.7% more expensive than a year ago, at a similar level to prices in early 2006.

House prices have risen for the fifth month in a row, says the Halifax, one of the UK's biggest mortgage lenders.

Its latest survey says prices went up by 1.4% in November, pushing the cost of the average UK home to £167,664.

Although that is still 1.6% lower than a year ago, prices are now 4.2% up since the start of the year.

On the Halifax's calculations, house prices reached their low point in April this year, since when they have risen by 8.5%.

According to the most recent figures from HM Revenue & Customs (HMRC), completed house sales in October stood at 90,000 - 13% higher than the same month last year.

And mortgage approvals, as measured by the Bank of England, have risen every month this year and in October were 79% higher than a year ago.

However, Mr Ellis noted that despite this improvement, approvals still remain 56% below their late 2006 peak.

Mortgage lending in the UK fell by 10% in November compared with the previous month - its lowest level since May, according to lenders.

Gross mortgage lending totalled £12bn during the month, down 14% on November 2008, the Council of Mortgage Lenders (CML) said.

The group said the month-on-month fall could not be solely explained by seasonal factors.

Un changement de tendance à l'horizon?

BBC
18/12/09
Mortgage lending 'falls by 10%'
http://news.bbc.co.uk/2/hi/business/8420223.stm



Le chômage alors?

Up to one million households have borrowed money on a credit card to pay their mortgage or rent over the past year, a charity's study suggests.

Housing charity Shelter said this figure represented 6% of UK homes.

The charity said the figure was a "shocking discovery". Its survey questioned 2,022 people.

Shelter said many people who had resorted to using their credit cards were now at risk of becoming homeless, as in some cases defaulting on their credit card repayments might lead to their homes being repossessed.

Mortgage lending was "surprisingly strong" in December

The Council of Mortgage Lenders (CML) said UK mortgage lending increased by 14% in December compared with November, to £13.7bn.

"The most likely explanation is that buyers of cheaper property wanted to complete their transactions before the end of the year to beat the end of the stamp duty holiday."

Les cons, ils regonflent la bulle...

British house prices rose 0.6% in January, according to the Halifax house price index released Thursday. The rise, which marks the seventh consecutive monthly increase, left the average price in the three months ending in January 3.6% above the level seen in the same period a year earlier. The average price is up 9.9% from the trough seen in April 2009

"A further increase in the supply of property is possible over the coming months, which would help to curb upward pressure on prices." Halifax expects prices to be flat during 2010.

Average property values dropped by 1% compared with January, with the average home worth £161,320.

But the annual rate of increase accelerated to 9.2% because prices dropped faster a year ago.

"There is evidence from a range of indicators that the market may have lost momentum in early 2010 as the stamp duty holiday ended and house hunters were obstructed by the icy weather," said Martin Gahbauer, chief economist for the Nationwide.

Recent figures from the Council of Mortgage Lenders also showed that gross lending for home loans fell by 32% in January compared with December, to a 10-year low of £9.1bn.

Figures revealing a sharp drop in mortgage approvals in January have confirmed that the UK housing market made a slow start to the year.

The Bank of England said that the number of home loans approved for house purchases in January fell by 17% compared with the previous month.

The 48,198 approvals was the lowest number for eight months, but still 43% higher than a year earlier.

Experts have said the end of the stamp duty holiday was behind the drop.

Alors, qu'est-ce qui jouera le rôle de déclencheur pour la France ?

The January downturn in the property market has been underlined by the latest figures from the Council of Mortgage Lenders (CML).

Mortgages agreed with house buyers fell by 49% from December, after buyers rushed to beat the reintroduction of the old stamp duty thresholds.

There were just 32,000 loans approved for house buyers in January.

The number of loans for first-time buyers fell by 54% in January to 11,300.

Mortgage approvals fell in February marking a continued slow start to the year in the UK housing market, Bank of England figures show.

The number of mortgages approved for house purchases dipped by just over 1,000 to 47,094, the figures showed.

Le secteur britannique de la construction a renoué avec la croissance en mars après plus de deux ans de contraction, grâce à une forte hausse des nouvelles commandes sur le marché résidentiel comme dans l'immobilier commercial, montre une enquête publiée mardi.

L'indice des directeurs d'achats (PMI) du secteur calculé par le Chartered Institute of Purchasing and Supply (CIPS) et le cabinet d'études Markit est remonté à 53,1 contre 48,5 en février, repassant pour la première fois depuis février 2008 le seuil de 50 séparant contraction et expansion de l'activité.

"Le sentiment général est que le secteur de la construction reste fragile mais qu'il est au moins en train de se stabiliser après avoir subi une importante récession", a commenté Howard Archer, d'IHS Global Insight.
"Toutefois, le secteur continue d'évoluer dans un climat très difficile et il est probable qu'il sera fortement touché par la nécessité de contenir les dépenses de l'Etat."

UK house prices bounced back in March, rising by 1.1%, after having fallen in February, according to the Halifax.

The latest increase pushed the annual rate of house price inflation up to 5.2% from 4.5% in February.

The rise means that the average home in the UK now costs £168,521, nearly £11,000 higher than a year ago.

"This was the eighth rise in the past nine months, taking the average price to 9.1% above the low point reached last April," the Halifax said.

The annual rate of price inflation is now at its highest since December 2007, the Halifax said.

Comme chez nous, la peur de l'inflation et le crédit facile poussent à l'achat. Ont ils raisonde le faire? Ou pas.

Bull Trap...

The total increased to 48,901 in March from 46,882 the month before, and the figure was 17% higher than in March 2009.

However, the Bank's figures still suggest that mortgage lending has had a sluggish start to the year.

Approvals in the first three months were the lowest on record for the first quarter of any year, apart from 2009.

Meanwhile building societies experienced another outflow of savers' money, with a net £318m being removed in March.

It was the 12th time in the past 13 months that savers have taken out more money than they have put in from their accounts with building societies.

The UK housing market is slowing down again, according to the latest report from the Halifax bank.

Its latest monthly survey shows that prices fell by 0.4% in May, after a 0.1% drop in April, taking the average UK house price down to £167,570.

House prices in England and Wales fell by 0.2% between April and May, according to the Land Registry.

In terms of monthly changes, the Land Registry said the South East saw the biggest rise with prices up 0.9% in May, while the East Midlands saw the largest price fall of 3.6%.

UK house prices have fallen slightly in the early summer compared with the start of the year, a survey has found.

Property values dropped by 0.6% in June compared with May, following a 0.5% fall the previous month, the Halifax said.

The typical property was still 6.3% higher than a year ago, although the figures point to the house price recovery faltering this year.

Property asking prices -0.6 pct mm; +3.7 pct yy

* Increased supply blamed for first monthly fall this year

* Jan-June price gains forecast to disappear by year-end

Asking prices for British homes fell for the first time this year in July, lowering the annual rate of growth to 3.7 percent from 5.0 percent in June, property website Rightmove (LSE: RMV.L - news) showed on Monday.

Rightmove blamed the weakening on a rise in the number of homes coming up for sale, which had allowed buyers to gain the upper hand.

"The number of new mortgages being approved each month is less than half the number of new sellers," said Miles Shipside, Rightmove's commercial director.

"Conditions are ripe for a strong buyers' market in the second half of 2010."