From the better value of flats to discounts and price falls, here's how a slower housing market could benefit first time buyers in 2023.
The latest articles on house price index
Rush to coastal and rural areas finally runs out of steam as flats and urban locations make a comeback.
More homes are now coming up for sale across the UK. And because they’re no longer selling like hotcakes as they did in the pandemic, stocks are starting to rebuild.
House price growth over the last 3 months has dropped to 0.7%, the lowest level since February 2020 - but there are no price falls just yet. Here’s a closer look at what’s happening with UK house prices.
Sellers are beginning to offer bigger discounts to buyers to get their sales agreed, but we’re not seeing the need for a big double digit reset in UK house prices.
Will mortgage rates rise or fall, will house prices remain stable and is negative equity a real concern? Get the latest with our House Price Index.
Not for the vast majority of homeowners. Even a 15% reduction in house prices would mean very few cases of negative equity for mortgaged sales up to the end of 2021.
Higher mortgage rates are squeezing out new buyers, but large scale price reductions on properties for sale aren't expected to materialise this year.
Will the recent stamp duty cuts be enough to offset rising mortgage rates for buyers and home movers? Zoopla’s Research Director Richard Donnell shares his views.
