The five facts hitting the housing market hardest in the last 7 days.
- Survey: 11% of tenants served eviction notices meaning a further spike in homelessness can be expected
https://x.com/moving_charlie/status/2000362232837013542?s=46
2. Median Asking price gap closes by £15,000 over the year, to just £25,000, down from £40,000.
https://x.com/moving_charlie/status/2001710198986305554?s=20
3. HMRC publishes transaction volumes but not prices again, with overall volumes leading up to the budget remarkably healthy, likely based on activity in the north.
https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above/uk-monthly-property-transactions-commentary–2
4. Unemployment rises to 5.1%, (15.1% for 18-24 year olds) further hurting people’s ability to save for a home
https://www.ons.gov.uk/employmentandlabourmarket/peoplenotinwork/unemployment/bulletins/youngpeoplenotineducationemploymentortrainingneet/november2025
5. Bank of England cuts base rate to 3.75% but that may be the last cut for a while.
https://x.com/bankofengland/status/2001623747413819785?s=20
6. Even Zoopla (the most conservative house price forecaster) overcooked their 2025 forecast. They said +2.5%, their own figures show it less than half that at +1.1% for 2025.
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