Home buyers are currently facing an annual increase of £4,300 on their mortgage repayments, rising to £7,500 in London.
The latest articles on house price index
Buyer confidence is improving and 12% more homes are going under offer compared to this time last year. Mortgage approvals for home purchases are also up 32%.
Seller discounts narrow in spring 2024 as more sales are agreed. Momentum is growing in the housing market and house prices don't need to fall further to support the continued recovery in sales.
House price falls slow to -0.3% and market activity improves with more sales, lower discounts and greater choice. Here’s the latest on the UK housing market from the Zoopla House Price Index for March 2023.
The housing market continues to recover with house price falls steadying and 15% more property sales than this time last year. Get the latest on house prices and market trends with our House Price Index for February 2024.
Buyers are back in market and demand is now 11% up on this time last year. This is good news for sellers, as the number of sales agreed climbs 15%.
Buyers have a lot more choice when it comes to securing a home in 2024. More sellers are coming to market as mortgage rates are expected to plateau at 4% to 5%.
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.
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.