Reports
September records fastest annual house price growth in two years
- UK house prices up 3.2% year-on-year in September
- Northern Ireland best performer, with prices up 8.6% in Q3
- East Anglia weakest performing region, with prices down 0.8% over the year
Annual house price growth edged higher in August
- UK house prices fell 0.2% month on month in August
- Annual growth rate picked up to 2.4%, from 2.1% in July
- Fastest pace of annual growth since December 2022
- Energy efficiency becoming more important in influencing what buyers will pay for a home
House price growth edged up in July
- UK house prices rose 0.3% month on month in July
- Annual growth rate picked up to 2.1%, from 1.5% in June
- Marks fastest pace of growth since December 2022
House price growth broadly stable in June
- UK house prices up 1.5% in June compared with a year ago
- N. Ireland best performing region, with prices up 4.1% in Q2
- East Anglia weakest performing region, with prices down 1.8% over the year
Modest rebound in house price growth in May as market shows resilience
- UK house prices rose 0.4% month on month in May
- Annual growth rate picked up to 1.3%, from 0.6% in April
Rural areas saw strongest house price growth over last five years
- House prices in predominantly rural areas have risen by 22% over the last five years, compared to 17% in predominately urban areas
- Rural semi-detached properties have seen the strongest rate of price growth, urban flats the weakest
April sees slowing in annual house price growth
- UK house prices fell 0.4% month on month in April
- Annual rate of change slowed to 0.6%, from 1.6% in March
Annual house price growth edges up in March
- UK house prices up 1.6% compared with a year ago
- Northern Ireland best performing region, with prices up 4.6%
- South West weakest performing region, with prices down 1.7% over the year
Annual house price growth returns to positive territory for first time in over a year in February
- UK house prices rose 0.7% month on month in February
- Annual rate of change returned to positive territory for first time since January 2023 - prices up 1.2% year on year
House prices begin 2024 on a more upbeat note
- UK house prices rose 0.7% month on month in January
- Further recovery in annual rate of change, with prices down just 0.2% compared with a year ago
House prices fall 1.8% over the course of 2023
- House prices down 1.8% compared with a year ago
- Northern Ireland and Scotland the only parts of the UK to see prices rise in 2023
- East Anglia the weakest performing region with prices down 5.2% over the year
Nationwide House Price Review and Forecast: Rapid rebound in house prices unlikely in 2024
- Housing market activity weak throughout 2023 as affordability pressures exert drag
- House prices to see low single digit decline or remain broadly flat in 2024
