Friday, 31 January 2014

HCA Housing Market Reports

The HCA has published it's latest reports on regional reports.

http://goo.gl/ZGWrZ6

Some interesting headlines as far as the North West is concerned:

  • The average median valuation of a dwelling in the North West OA is £114,000 in October 2013 (Calnea). This valuation is unchanged from the previous year.
  • Housing transactions totalled 74,828 in the North West over the twelve months to September 2013. This was a 5% increase from the previous year.
  • Average median private rents were £495 per month in the North West SSR. This is the same rental amount as the previous year.
  • The number of households facing mortgage possession action in court is 2,428 in Q1 2013. This is a decreased of 11.9% compared to this quarter in the previous year.
  • House building starts were 3,620 starts in Q3 2013 in the North West OA, which is a 19.5% increase compared to this quarter in the previous year.
  • The HCA official statistics for 1 April – 30 September 2013 show 1,385 housing completions and 2,204 starts across the North West. This is a decrease of 23.9% and an increase of 150.2%, respectively, compared to this period in the previous year. There were also 704 Help to Buy completions.
  • Households accepted as homeless totalled 898 in Q3 2013 in the North West. This is a 13% decrease compared to this quarter in the previous year.

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