Housing market outlook worst 'for 20 years'

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House sale expectations for the next three months are at their lowest for two decades, estate agents warn.

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Excellent news. Maybe one day my kids will be able to buy their own place.

Good, landlords and property developers are too greedy and selfish, they've been exploiting the people for too long now, We should all be making sure our communities have roofs over their heads as a basic right of existence, not trying to profit from a basic survival need.

For who? Those that have houses & want prices to keep rising, or for those that want to buy a house & would like prices to fall to enable that ? Poor news item

Worst for whom? First time buyers?

I’m really sorry for the estate agents who will be losing £1000’s in commission, Brexit gets the blame (again) for a roller coaster ride of a business that cannot always go up and up

People can't afford it. Too many taxes and gas water electricity and transport takes all cash that would be used to pay a mortgage

the piggy profiteers won't worry, they'll hold on to them, empty or not until prices go up-those that suffer will be the people who always suffer under tory governments.

They make this up to get their way, report is at best opinions and at worst lies to suit the institution. In fact a lot like a valuation might be right might be wrong let the market call it!!!

Vastly overpriced to buy or rent. Its disgusting how greed is making people homeless and causing poverty!! The greedy landlords, rental agents, estate agents and home owners have brought to upon thereselves. Long overdue and deserved.

One minute you tell us there is a housing shortage, then in the next breath you tell there is a problem getting people to move into them. Confusion, confusion, confusion.

Maybe their investing in dinghys instead.

I’ve worked in the industry 20 years, it’s as simple as this - buyers are sitting on their hands, waiting because of Brexit. Therefore all that’s happened is it now takes a little longer to sell a house. Due to supply and demand, prices will go up again - especially long term.

Let me guess... caused by brexit!

If you keep building homes for foreign investers that people can't afford to live in may prove to be a short-term strategy

What about the ones who own houses put a family member in it to get housing benefit scam needs stopping I know a few people doing this

If this means that more first-time buyers get a leg on the ladder then hallelujah.

because of Remainer uncertainty...

Stop your negative tweets. Nobody believes your scaremongering anymore.

Another result for the brexiteers. Chalk it up.

why are councils having to find land to build on then.

Good!

That’s because it’s still legal for individuals to own 200+ properties. There should be a limit of 5 per person - it will allow others to buy houses instead of renting, and it will also control the serial landlords who are driving market prices due to availability

Houses are overpriced and banks not playing ball with mortgages.

BBC News..... can you not report on anything positive? Or even take positive views other then just seeing doom and gloom. Talk about depressing.... and your negativity In reporting drives depression...

Fake news

And yet... People still want to vote Tory. Its nuts.

Oooo! I wonder what could be causing that?

Worst or more realistic?

About time, house prices are far too expensive.

2019 will have another 2008 style market crash. Mark my words...

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Brexit uncertainty blamed for worst UK housing market outlook in 20 yearsPessimism in the short-term suggests the cause is the current lack of clarity around what the UK's exit from the EU will look like Personally id blame the Tories overall but Brexit hasn't and won't help any market. That's because estate agents don't know, or care about selling. Just bung it on the net some twat will click and buy it. What does this mean
Source: The Independent - 🏆 80. / 59 Read more »

Brexit indecision blamed for bleakest housing market outlook in 20 yearsThe Government’s failure to agree a suitable Brexit deal is causing significant problems for the housing market, with the surveying industry predicting the current slump will continue in the coming months. Yes awful. A smaller mortgage for the next house, less stamp duty, agents fees. How terrible. Wow! 28% is even more than your 22% drop in circulation! No surprise there then..
Source: The Telegraph - 🏆 41. / 63 Read more »