England & Wales house prices flat in June as London steadies the ship
Acadata reports annual growth still negative at -1.3%, but more signs of a stabilising market are emerging.
‘Signs of life’ in England & Wales housing market, but situation ‘deteriorating’ in London & the South East
A whole combination of factors - including stretched affordability, mortgage rates & non-dom changes – are acting to restrain prices in the capital, reports Acadata.
Prices still negative but England & Wales market is turning – Acadata
Values remain around 2% lower than a year ago and 6% below their late-2022 peak;
England & Wales property market could strengthen as we move into summer – Acadata
Q1 was the strongest period for more than two years, says research firm, although average prices remain nearly 5% below the previous peak in late 2022.
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