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UK House Price Index – October 2023

Research and Insight October 2023
Top insights
Executive summary
- 1.1 %

Current UK house price growth (YoY)

2 %

House price inflation over 2024


Housing sales in 2024

Our forecasts for the housing market were more optimistic than many others a year ago and it looks like we called it right. However, lower house price falls over 2023 mean the adjustment to higher mortgage rates will run into 2024, unless mortgage rates fall more quickly than currently expected

Richard Donnell Executive Director - Research
Higher mortgage rates hit demand and sales