House prices ‘to continue to firm over 2024’ as sales volumes rise
Higher mortgage rates continue to impact buying power, says Zoopla, as price remain static but sales volumes rise.
Industry Reactions: UK house prices fell 1.4% in 2023
The latest official UK HPI confirms that London's property market saw the steepest price declines of any English region last year.
House prices continue to fall despite improving market sentiment
'UK housing still looks expensive by historic standards,' says Zoopla, which expects prices to fall a further 2% in 2024 'as prices and incomes re-align.'
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
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