The Hometrack UK House Price Index analyses housing market trends at a city level on a monthly basis – across 20 cities, plus regions, and nationally.
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 is 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.
You can download the latest full report from the Hometrack website.