House price falls are slowing as more sales are being agreed in the first weeks of 2024. Get the latest on property prices and market trends with our House Price Index for January 2024.
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UK house prices have fallen -0.8% in the last year, bringing the average house price to £264,400. Here are the regions, cities and local authority areas where house prices are falling the most in January 2024.
Not if you’ve found the home you really want and can afford it. Mortgage rates are unlikely to fall further in the first half of the year.
2024 kicked off with a flurry of buyers returning to market and a rebound in sales market activity. But sellers will still need to be realistic on pricing, warns our Executive Director of Research, Richard Donnell.
House price inflation running at -1.1% as market sentiment improves with demand up and more sales agreed. Get the latest in our December House Price Index with Richard Donnell.
Buyers and sellers are becoming more aligned on pricing, reducing the downward pressure on house prices and falls are starting to moderate.
Homes are selling for £18,000 below asking price as the number of properties for sale reaches a six-year high. Our House Price Index for November 2023 dives into the latest housing trends and what it means for next year.
Sellers are offering their biggest discounts in five years, with one in four offering 10% off the asking price right now, putting buyers in a strong negotiating position.
Sellers are accepting average discounts of £18,000, or 5.5% from their asking prices in November 2023. Get the latest from our House Price Index.