House Price Growth Steadies as Market Confidence Builds
The UK property market is showing encouraging signs of stability this summer, with house price growth beginning to level out after a period of slowdown
According to the latest data, average UK house prices are now 1.3% higher than this time last year. This represents a stronger performance than in 2024, when growth was just 0.6%, and shows the market is regaining balance.
One of the most positive indicators is that agreed sales are up 5% compared with last year. This demonstrates that demand remains steady and that more people are moving successfully, despite wider economic discussions around taxation and affordability. Buyers are still motivated to secure homes, creating confidence for sellers as we head towards the busy autumn season.
Regional trends also bring good news. Northern markets are leading the way, with homes in areas such as the North West and North East selling 23% faster than the national average. This strong demand, paired with more affordable pricing, is supporting above average growth of 2.7% and 2.1% in these regions.
Nationally, sales activity is on track to be 5% higher in 2025, equating to 1.15 million transactions. This reflects a healthy market where people continue to prioritise moving home, whether for lifestyle changes, relocations, or investment purposes.
Looking ahead, the autumn months traditionally bring increased activity, making now a great time to prepare for a sale. With demand remaining firm and prices showing resilience, sellers who present their homes well and set the right price can feel confident about attracting buyers. The current market offers a real opportunity for those ready to make their move in 2025.
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