The Hometrack UK House Price Index analyses housing market trends at a city level on a monthly basis – across 20 cities, plus regions, and nationally.
Executive summary
• House price inflation slows to 1.8% as the supply of homes for sale outpaces the growth in sales agreed
• Sales agreed continue to rise, up 5% year-on-year
• Price inflation above average in northern regions and Scotland, where demand is growing faster than supply
• Supply/demand mismatch keeping price inflation 1% or lower in southern regions of England and London
• London facing a stamp duty deadline hangover, with demand for homes 3% lower than a year ago
• We expect agreed sales to continue increasing but rising supply and static mortgage rates will temper the rate of price inflation
You can download the latest full report from the Hometrack website.