The Property Podcast
TPP621: February Market Update 2025
Feb 6, 2025
Recent market insights reveal a modest increase in house prices, challenging headline narratives. Surprisingly, rents have fallen for the first time since 2019, raising interesting questions about the rental landscape. There's cautious optimism regarding the ongoing Renter Rights Bill, while landlord licensing updates suggest changing regulations. Amidst these discussions, the hosts share their love for the reality show 'The Traitors,' blending property talk with light-hearted TV recommendations.
20:13
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Quick takeaways
- House prices in early 2025 show minimal growth, with a cautious market sentiment indicating potential stabilization after the holiday season.
- For the first time since 2019, rents have decreased due to an oversupply of rental properties and diminished demand, causing concern among landlords.
Deep dives
Insights on House Prices
House prices have shown a slow start in 2025, with a minimal increase reported by various agencies. Nationwide noted just a 0.1% rise in January, while Zoopla highlighted a 2% growth over the previous year, alongside a significant uptick in demand compared to prior years. Despite this, the overall sentiment suggests that the property market may be stabilizing, taking a cautious approach after the holiday season. Forward-looking data from Rightmove indicated a rise in asking prices by 1.7% in January, hinting at a potential optimism within the market that may take a few months to fully materialize.
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