Zoopla UK House Price Index – MARCH 2024
Executive summary
• Annual house price inflation slows to -0.3%, up from
-1.4% in Oct 23
• Market activity improves across all key measures led
by sales, which are 9% higher than a year ago
• More sellers coming to market and stock of homes for
sale up 20%
• House price inflation higher than Q3 2023 across all
areas but still negative in southern England
• The percentage of the asking price achieved has
narrowed from 95.5% in November 2023 to 96.1% in
March 2024
• Sellers accepting a median average discount to the
asking price of £10,000, down from £14,250 in Nov
2023
• 2024 is set to be a year of better sales volumes and
flat house prices
(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-march-2024/
#FifeProperties #FifeEstateAgent #SellersReturn #HousePriceInflationSlows
