The five (plus two!) facts hitting the UK housing market hardest in the last seven days.
- Rightmove average asking price falls in June when it usually rises
https://www.rightmove.co.uk/news/content/uploads/2025/06/Rightmove-HPI-16th-June-Final.pdf - New tenant registrations down 28% compared to pre-lockdown, and 17% down in one year https://www.hamptons.co.uk/articles/lettings-index-may-2025#/
- 1000 jobs to go at Poundland https://ground.news/article/poundland-plans-to-shut-68-stores-and-two-distribution-sites?utm_source=mobile-app&utm_medium=newsroom-share
- Agency using Land Registry data reports Central London prices crashing https://thenegotiator.co.uk/news/uk-housing-market-news/shock-60-fall-in-prime-london-sales-prices-property/
- Government announces Housing Bank https://www.gov.uk/government/news/over-500000-homes-to-be-built-through-new-national-housing-bank
- ONS continues to mislead on house prices, covering up £6k monthly drop in April with a “yearly increase” https://x.com/moving_charlie/status/1935292592863985870?s=61
- Owner Occupier Housing cost inflation at 6.7% continues to eat household budgets faster than wages can grow https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/may2025
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