{"id":1474,"date":"2022-10-17T15:03:00","date_gmt":"2022-10-17T15:03:00","guid":{"rendered":"https:\/\/wordpress-1189395-4202774.cloudwaysapps.com\/?p=1474"},"modified":"2023-10-31T13:24:08","modified_gmt":"2023-10-31T13:24:08","slug":"housing-market","status":"publish","type":"post","link":"https:\/\/surveyhut.co.uk\/local-market\/housing-market\/","title":{"rendered":"House Prices – Don’t Believe Everything you Read in the Papers"},"content":{"rendered":"\n

Turmoil in UK Government policy and changes made by Bank of England are causing uncertainty in the housing market.<\/h3>\n\n\n\n

\u201cThe property market is in turmoil.\u201d<\/em><\/p>\n\n\n\n

\u201cMortgage costs to go up by \u00a35,000 a year.\u201d<\/em><\/p>\n\n\n\n

\u201cProperty crash on the way.<\/em>“<\/p>\n\n\n\n

\u201dInterest rates 10% by the end of the year.\u201d<\/em><\/p>\n\n\n\n

\u201cEngland to win the World Cup\u201d<\/em><\/p>\n\n\n\n

Just some of the recent headlines about the property market following the recent mini budget at the end of September (unfortunately the last headline is still completely fictional!) <\/p>\n\n\n\n

Reading these would have you running for the hills and worried about the future. But do the figures back up the news stories?<\/p>\n\n\n\n

Data from Rightmove covering the time since the mini budget paints a different picture:<\/p>\n\n\n\n