UK HPI rose in August by 2.9%. Should you buy these 3 housing stocks?

UK housing prices and rents are surging due to a demand and supply imbalance, according to the Royal Institution of Chartered Surveyors. The number of new house agreements declined for the third consecutive month in September 2021, and 15% of prope...

House prices in the UK reached a record-high (since February 2007) in September 2021 due to the end of the stamp duty holiday scheme. According to data by Halifax house price index, housing prices in the country rose by 1.7% in last month, increasi...

Highlights  The construction sector reported a decline in sub-contractor availability in September, according to a IHS Markit & CIPS survey. The construction PMI index declined to 52.6 in September, down from 55.2 in August. We review...

Average housing prices in the UK rose by £44 per day in the six months to August, according to Zoopla Index. Housing prices in the UK rose by £30 per day over the six-month period from July 2020 to January 2021. In August, the average h...

Highlights  Powerhouse Energy’s partner Hydrogen Utopia International (HUI), with exclusive rights over the DMG technology in Greece, Poland, and Hungary, closed a £2.2 million fundraiser on 9 September 2021.  Ceres comple...

Housing transactions in the UK reported a surprise surge in August 2021, despite no stamp duty holiday. As per data announced by the HM Revenue and Customs (HMRC), the seasonally adjusted residential transaction was at 98,300 in August, which is 32...

Highlights  According to Rightmove, the national average price of properties in the UK market has hit an all-time high in September. Prices increase by 0.3% or £1,09 to hit a record high of £338,462 in September. Real esta...

Highlights  Vistry Group’s total completions during H1 2021 was 5,351, representing an increase of 76% year-on-year compared to 3,034 in H1 2020. For the year ended 27 June 2021, Redrow’s revenues reached £1.94 bill...

Private house rentals in the outskirts of London are growing at the fastest pace in 13 years. According to the property portal Zoopla, average rents in the country outside the capital city increased by 5% in the last 12 months to the end of July an...

In August 2021, growth in the UK’s construction and housebuilding sector was impacted by the severe supply chain disruptions caused by HGV driver shortages, which resulted in sharp rise in costs. CIPS UK Construction PMI® Total Activity I...