I'm uploading the latest property data from the Land Registry to my website. Whilst the price of everything else is going through the roof, the price of houses have started going down for the first time in about ten years. The main reason for this is something I hadn't noticed before. Just before the Stamp Duty holiday ended, sales volumes and prices went ballistic. Those figures have now dropped out of the annual price calculations leading to a big drop in prices. The architect of this classic boom and bust could well be our next PM.
Thursday, July 28, 2022
Sunday, July 10, 2022
Land Registry data for May 2022
I've uploaded the latest property sales data to my website. House price inflation seems to be bouncing around close to zero, which I guess is why the government is talking about 50 year mortgages...
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