The latest figures from the HMRC show a marked fall in housing transactions. The provisional non-seasonally adjusted estimate of the number of UK residential transactions in April 2023 is 67,220, 32% lower than April 2022 and 29% lower than March 2023 The provisional seasonally- adjusted estimate of the number
Government data on UK house prices (HPI) for March shows the annual change for average house prices was 4.1% in the 12 months to March 2023, compared with 5.8% in the 12 months to February 2023. The average UK house price was £285,000 in March 2023, which is £11,000 higher than 12 months ago, but £8,000 below the
The average price of a home jumped by 1.8% to a new record of £372,894 in May compared to the previous month, in a delayed response to the higher-than-expected level of market activity since the start of the year, according to data from Rightmove. This monthly lift is the biggest of the year so far, says the