Annual house price inflation unchanged at -0.2% from February

Posted 1 month ago.
Annual house price inflation unchanged at -0.2% from February
News
 > Annual house price inflation unchanged at -0.2% from February

Zoopla’s latest index shows that house prices are firming as market activity improves. Annual house price inflation is largely unchanged since last month and stands at -0.2% at the end of March 2024. The housing market continues to register a sustained upturn in new sales while UK house price inflation remains broadly static. The market is more balanced than it has been since before the pandemic. This is positive news and means more people have a chance of moving home in 2024 – so long as sellers remain realistic on pricing – while static prices are not worsening affordability.

More homes for sale and renewed confidence amongst buyers continues to support sales agreed which are 12% higher year-on- year. The number of sales agreed has been higher than last year for the last 4 months. The housing sales pipeline is now rebuilding after a period of lower sales when mortgage rates spiked higher in 2022 and 2023. Zoopla’s data shows that the market is on track for 1.1m sales in 2024, up 10% on last year.

Don’t miss our next article, subscribe to our news updates

Recent articles

50,000 rental properties needed says Rightmove

Posted 4 weeks ago
50,000 rental properties needed to bring supply of rental homes back to pre-pandemic levels says…
50,000 rental properties needed says Rightmove

5 enquiries for every home for rent and changes to rental legislation

Posted 2 months ago
UK rental inflation has slowed to 7.8%, down from 11% a year ago – the…
15 enquiries for every home for rent and changes to rental legislation

Spring activity boost pushes asking prices close to new record

Posted 2 months ago
The average asking price of property coming to the market rises by 1.1% (+£4,207) in…
Spring activity boost pushes asking prices close to new record

We use cookies on this website. You are free to manage cookie settings via your browser at any time. To learn more about how (and why) we use cookies, please take a look at our Privacy Policy.

Ok, got it!

Stay informed & sign up for exclusive updates

Be the first to know about our latest listings, local news, industry insights, and expert advice. Join our regular newsletter for exclusive updates and valuable information.

By submitting your email, you are acknowledging your have read and agree with our privacy policy.