Hey everyone, it's Rob B here with Rob D and you are listening to the Property Podcast.

In this week's episode, it's the market update.

We've got news of house prices, planning laws, mortgages, but for me, the big story here is one

that nobody is talking about, a story that is crippling the construction industry right

now and needs sorting out and we reveal what

that is in this episode. Welcome to the property podcast. In case you don't know, we run a company

that buys more than 100 million pounds of the property every year from our clients. You can find out

about that at property hub.net slash invest.

And of course, as a result of doing that, we keep our eye on the news.

But as Rob said, we also get to find out about things that are happening right now

that will have consequences that will affect you that are not in the news.

So we're going to round all of that up for you, tell you everything you need to know right now.

So let's kick off this month's market update with house prices. And house prices have fallen.

Don't worry. It's nothing dramatic by 0.1% according to Halifax. So very, very modest falls according to

Halifax.

And that now means that annual growth remains at 2.9%. So over the last 12 months, pretty steady stuff.

What is interesting to me is the house price index,

because we've seen more sizable movements here.

And the most recent data that we have from Right Move says that asking prices are up by

1.1% in the last month alone. That's a lot. And I'm actually quite surprised by that jump. It

follows a jump in February as well, of 0.5%. So the trend is upwards. And I find that interesting

because sentiment, I would say, in the market,

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