After a relatively buoyant start to 2023, recent mortgage rate rises are hitting buying power and more sellers are now offering discounts.
The latest articles on house prices
Falling mortgage rates over H1 2023 boosted sales and led to firmer prices. This is set to reverse in H2 as higher mortgage rates hit buying power at a time when sellers are having to accept larger discounts to asking prices.
House price growth expected to be greater in affordable rural areas and slower in city centres, says leading economist at Office for Budget Responsibility.
House prices stay level and mortgage rates are unlikely to edge higher immediately. What's happening in the housing market for buyers right now?
Housing market activity levels recover as falling mortgage rates and a strong labour market boost buyer confidence.
The Bank of England has increased the Bank Rate to 4.5%, its highest level in nearly 15 years. In this Q&A, I'll answer your questions about the Bank Rate rise and its impact on the housing market.
Will homes hold their value, is now a good time to sell and is 2023 a good year to be a first-time buyer? Watch this month's House Price Index report with Zoopla's Director of Research, Richard Donnell.
97% of sellers made a profit from the sale of their property in 2022, with the average home earning £67,000.
Demand for homes is at the highest level since October 2022 as falling mortgage rates and a strong labour market support buyer interest.
