Zoopla UK House Price Index – SEPTEMBER 2024
Executive summary
• Lowest mortgage rates for 15 months boost sales
market activity
• Buyer demand and sales agreed up by over a quarter
since 2023
• Buyers remain price-sensitive, which is keeping
price rises in check
• UK house prices up 0.7%, from -0.3% a year ago
• House prices are rising by up to 2.5% in more
affordable areas
• Almost a third of homes for sale are ‘chain-free’ as
investors and second home
owners sell in
face of recent and possible tax changes
• Some coastal and rural areas see supply of homes for
sale up 40% on last year
• The outlook is for modest price growth and steady
growth in sales
(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-september-2024/
#FifeProperties #FifeEstateAgent #PriceSensitiveBuyers
#HousePricesRising #DundeeProperties #DundeEstateAgent #PriceSensitiveBuyers
