The Property Podcast May 2025 Market Update
31 snips
May 8, 2025 Rob & Rob dive into surprising house price trends that challenge assumptions in the market. They analyze the current rental landscape, highlighting rising rents and landlord challenges related to tenant guarantors. Insights on mortgage developments reveal significant rate cuts, alongside a look at the growing build-to-rent sector. A behind-the-scenes glimpse at a completed deal offers intriguing perspectives on evolving market dynamics. Plus, they recommend a delightful show to experience!
AI Snips
Chapters
Transcript
Episode notes
House Price Drop Explained
- House prices slightly dropped by 0.6% in April, following zero growth in March, mainly due to a stamp duty change pull-forward effect.
- Market activity softened temporarily but is expected to pick up over the summer as mortgage rates potentially decrease.
Price Sensitivity Amid High Supply
- Asking prices reached a near-year record high despite a decade-high supply of homes for sale.
- Sellers remain optimistic but buyers are price sensitive, favoring correctly priced homes that sell faster.
Long-Term UK Price Growth Slows
- UK house price growth is at its lowest trend level in 50 years with the longest doubling cycle recorded.
- Experts foresee slow growth degrees ahead but not a significant price decline.