Property Investor’s Factfile – July 2018 Commentary
July 2018 Property Investor´s Factfile The Property Investor’s Factfile presents a range of relevant data for buy-to-let investors, traders and developers. Below are some noteworthy observations over the last month: Property Market Trends According to Halifax data, whilst property values rose for the second consecutive month in June, the market still remains flat in light of a relatively low level of activity. However, managing director Russell Galley commented: “We continue to see very positive factors of continuing low mortgage rates, great affordability levels and a robust labour market. The continuing shortage of properties for sale should also continue to support price growth”; Nationwide data also reported slower annual price growth – 2% in June, a drop of 0.4% relative to the previous month. Chief economist, Robert Gardner commented that over the past 12 months, there has been “little change in... [Read More]