The average buyer looks for their next home 3.9 miles down the road, but people in the south and in cities are much more likely to spread their wings.
Latest articles by Izabella Lubowiecka
Higher mortgage rates mean that renting has become cheaper than buying a home for the first time since 2010.
The countryside was in hot demand in 2020-21, but cities are now the go-to rental destinations, meaning rural rents are becoming more affordable.
The demand for 3 and 4-bedroom family homes has peaked as buyers with reduced budgets look for cheaper properties and apartments.
Our Value of Housing report for 2023 finds that 11.1 million UK properties have fallen in value by at least 1% over the last 6 months.
London is the only region where house prices have fallen since last year but the number of sales going through is among the highest in the country.
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