Housing Market News Overload. - Moving Home with Charlie

5 Fact Friday 14th June 2024

Mortgage arrears total up 45%

https://www.thisismoney.co.uk/money/mortgageshome/article-13517137/Mortgage-arrears-surge-45-year-reality-rate-hikes-sets-in.html

Construction output falls sharply

https://www.ons.gov.uk/businessindustryandtrade/constructionindustry/bulletins/constructionoutputingreatbritain/april2024

Thought I'd take @emmafildes earlier post on construction output data released today and make it housing specific, cutting out all of the other sectors. Makes for interesting reading… any thoughts on why we've seen an unprecedented increase in private housing R&M welcome 🤔 pic.twitter.com/zkZHfzTlpj
— Alex Groundwater (@alexgroundwater) June 12, 2024

Housing Market Activity Stalls in May – RICS

https://www.rics.org/content/dam/ricsglobal/documents/market-surveys/5._WEB_May_2024_RICS_UK_Residential_Market_Survey_tp1.pdf

GPD growth stalls – flat at 0% in April 2024

GDP was flat (0.0% growth) in April 2024 and grew 0.7% in the three months to April.

• Services grew 0.2%
• Production fell 0.9%
• Construction fell 1.4%

Read more ➡ https://t.co/ZZfs4but9V pic.twitter.com/eWoIkSHnhL
— Office for National Statistics (ONS) (@ONS) June 12, 2024

Gov Planning Application Statistics – Q1 2024 – All Metrics down approx 10% year on year

https://www.gov.uk/government/statistics/planning-applications-in-england-january-to-march-2024

Reform overtakes Conservative Party in YouGov Poll

Latest YouGov voting intention (12-13 Jun): Reform now 1pt ahead of the Tories for the first time, although this is still within the margin of error

Con: 18% (no change from 10-11 Jun)
Lab: 37% (-1)
Reform UK: 19% (+2)
Lib Dem: 14% (-1)
Green: 7% (-1)
SNP: 3% (+1)… pic.twitter.com/brNybrUCbC
— YouGov (@YouGov) June 13, 2024

https://www.independent.co.uk/news/uk/politics/general-election-2024-debate-sunak-farage-starmer-latest-news-b2562524.html