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Our CEO Anna Clare Harper has another article in Financial Times’ FTAdviser on a really important topic right now: how investors can diversify to reduce risk, in this fast-changing property market.

SPI Capital CEO Anna Clare Harper’s comments on the latest housing market data were recently featured in journal of luxury property Prime Resi, and mortgage and financial advice website Financial Reporter.

Thanks to Financial Times, BBC News and Property Reporter for sharing our CEO Anna Clare Harper’s thoughts on the latest house price data from Nationwide showing a surprise increase in house prices in February.

The Financial Times and BBC News recently shared our CEO Anna Clare Harper’s comments on the latest house price data from HPI.
Here’s the full commentary from Anna below on why the data is relevant, the new North-South divide, the disproportionate impact of the temporary SDLT reduction and the impact of institutional investment in the Private Rental Sector in 2021:

We were delighted to discover our CEO Anna Clare Harper’s book has reached #2 in Financial Expert’s ‘Best 6 Property Investment Books for 2021’ and honoured to see the title appear alongside great authors in this field Melanie Bien, Rob Moore, Rob Dix & David Lawrenson.

According to Nationwide, house price growth slowed to 6.4% in January, from a 6 year peak of 7.3% in December.

Anna’s comments on the latest house price data, and what she believes is causing the slowdown, were featured in City AM, Yorkshire Post Business & Property Reporter.

The increase in residential property transactions – 34.2% higher than December 2019 and 14.0% higher than November 2020 – is seen as good news for the property market. It reflects positive forces that are applying uniquely to the housing market at this time.
In April and May, under strict lockdown, transactions were down by about 50% compared with the same time the previous year.
Residential transactions in December 2020 are at their highest level for the month of December in 10 years, although year to date figures are at a 9 year low.

House prices bounced back in July, says Nationwide
Thanks BBC News for sharing my thoughts on the latest Nationwide house price data released today. For the full article click here.

Recent and proposed policy changes combined with a release of pent up demand (and supply) show up in this month’s house price data.

The latest data and analysis from HMRC has revealed that, between May and June this year, residential property transactions climbed to 63,250 – a rise of 31.7%.

However, largely due to the pandemic, this figure is still 35.9% lower than the same period a year earlier.

On a non-seasonally adjusted basis, the number of residential transactions in June totalled 68,670, 31.5% lower than June 2019.

Thank you BBC News for featuring my comments on the ‘mini housing boom’.

On Friday, Halifax reported that house prices have rebounded by 1.6% between June and July.

Anecdotal reports suggest a housing market frenzy.

The data is more measured, and this is important as data plus media reporting both reflects and affects current confidence in the economy, as well as recent and temporary policies.

House prices up 3%+. The Queen -£500m. Commercial -6.6%.

House Price Index data released this week showed 3.4% increase in house prices in the year to June.
(Thanks Financial Reporter and Mortgage Finance Gazette for publishing my comments – click here and here to read the full articles).

Growth was greatest for terraced and semi-detached properties (unsurprisingly).

Annual house price growth of 5% in the year to September reflects the release of pent up demand and supply and the impact of temporary SDLT change.

It also provides a stark contrast to ‘returns’ available elsewhere. For example, NS&I have cut their popular direct saver rate to 0.15%.

Future growth will be affected by economic confidence and ‘fundamentals’.

The latest house price growth exceeds the cost saving associated with the temporary Stamp Duty Land Tax reduction, at 7.3%.

Thanks Property Reporter and Mortgage Solutions for printing my thoughts, below:

Annual house price growth of +7.3% (from Halifax HPI) reflects the release of pent up demand and supply, and the impact of temporary SDLT change.

HM Revenue & Customs’ September property transaction figures came out this week. These are of interest as they represent a more complete picture than other indices.

What’s interesting about the September 2020 data is that transaction volumes are on a par with transactions in September 2019.

Thank you to The Independent, The Mirror, BBC News, Yahoo Finance, AOL and Property Reporter for publishing my comments on the latest Halifax house price data.

According to Halifax, house prices were 7.5% higher than in the same month a year earlier. On the face of it, this feels like positive news amidst much that is negative – economically, politically, and socially – at least for property owners. It’s not as simple as this, and this pace of growth is not forecast to continue at the same level.