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Our market-leading research and insights team helps estate agents and housebuilders understand and succeed in their markets.
Our latest report looks at how the housing market continues to adjust to higher mortgage rates through lower transactions and
widespread, modest house price falls.
House price falls have been modest over 2023, compared to a 20% reduction in buying power.
Annual UK house price inflation moves negative to -0.5%, ranging from 1.6% in Scotland to -1.5% in the South East and Eastern regions
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.
Annual house price growth slows but the worst of the month-onmonth price falls are now behind us
The housing market continues to experience a soft repricing
Rental inflation has slowed to 11.1%, from a high of 12.3% in mid-2022
Annual house price inflation slows to 5.3% down from 8.6% last year
House price growth ground to a standstill in Q4 2022, dragging the annual rate of house price inflation lower to +6.5%
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