According to Zoopla’s June House Price Index Report:
- Stable Prices: UK house prices have remained stable over the past year with no annual inflation.
- Regional Differences: While prices in Southern England continue to fall, Northern Ireland has seen a 3.3% increase.
- Market Resilience: Despite higher borrowing costs, market activity is strong with an 8% increase in demand and sales.
- Projected Growth: House prices are expected to rise by 1.5% by the end of 2024.
- Over-Valuation Adjusting: Current house prices are 8% over-valued but are expected to correct by year-end.
For more insights, read the full report on Zoopla!
Brickong is a second-hand estate agent based in South London, specialising in areas such as Sutton, Kingston upon Thames, New Malden, Guildford, Epsom, and Wimbledon. Click the links for more details on our Property Buying Services or Property Renting Services.
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