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Hometrack UK House Price Index – December 2024

by | Jan 8, 2025 | Clients

The Hometrack UK House Price Index provides insights into housing market trends at a city level on a monthly basis, covering 20 cities, regions, and national data.

Executive summary

  • There has been a sustained recovery in housing sales over 2024
  • Largest pipeline of sales working to completion for 4 years – 283,000 sales worth £104bn, up 30% on a year ago
  • Affordability pressures are keeping price inflation in check
  • UK house price inflation at +1.9% compared to -1.2% a year ago
  • Buyers have become more price-sensitive in Q4 2024, paying less of the asking price in the wake of the Autumn Budget
  • North-South divide in house price growth to remain over 2025
  • We predict a continued recovery in sales volumes to 1.15m in 2025, with modest house price inflation of 2.5%

You can download the latest full report from the Hometrack website.

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