Zoopla UK House Price Index – JUNE 2024
Executive summary
• UK house prices unchanged over the last 12 months
• Prices rising across all areas over last quarter. Annual rate of price inflation
remains negative across southern England, rising elsewhere
• Home buyers and sellers largely undeterred by election campaign
• Demand (6%) and sales agreed (8%) both higher than last year
• 75% of the 1.1m sales projected for this year are either complete or in the sales pipeline
• We calculate UK house prices are currently 8% ‘over-valued’ and by end of 2024 prices will be ‘fairly valued’
• UK house prices on track to be 1.5% higher over 2024
(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-june-2024/
#FifeProperties #FifeEstateAgent #HigherDemand #MoreSalesThisYear
