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Hometrack UK House Price Index –September 2024

by | Oct 16, 2024 | Clients

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

  • 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

You can download the latest full report from the Hometrack website.

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