Search Acumen comments on the ONS House Price Index, December 2016

Commenting on the latest HPI  figures, Andy Sommerville, Director at Search Acumen, states: “2017 will almost certainly be another year of big house price increases. The final month of 2016 saw a 1.4% jump in house prices, setting the tone for the year ahead. A 7.2% annual rise in values in 2016, what could at the […]

Search Acumen comments on HMRC Number of Property Transactions, December 2016

Andy Sommerville, Director at Search Acumen, comments: “Despite activity being 8.5% lower than 2015, data for December has revealed a steady end to the year with a 0.2% month-on-month increase in residential property transactions. After a turbulent year in the property market we can certainly be grateful for the state it enters 2017, in comparison […]

Housing supply still short, says RICS

The RICS Residential Market Survey for November indicated a small rise in enquiries from new buyers, for the third month in a row. Expectations in the short term indicate a moderate yet ongoing activity for the upcoming months. General activity As the majority of respondents observed an increase as opposed to a decrease, the RICS […]

Autumn Statement: the reaction

Following the Autumn Statement, industry experts have had their say on the proposed changes regarding the property industry.