Zoopla UK House Price Index – NOVEMBER 2023

<p><strong>Zoopla UK House Price Index – NOVEMBER 2023</strong></p> <p><br></p> <p><strong> </strong></p> <p><strong>Executive summary</strong> </p> <p> </p> <p>• UK house price inflation slows to -1.2%, down from 8.2% a year </p> <p> ago </p> <p>• Price falls extend across country, but declines remain modest </p> <p>• No acceleration of price falls in markets with highest values </p> <p>• Greater realism on pricing supporting new sales volumes which </p> <p> are 15% higher than a year ago and 5% up on 2019 levels </p> <p>• Homes for sale touches a 6-year high boosting choice and</p> <p> reenforcing the buyer&#39;s market and downward pressure on </p> <p> prices </p> <p>• Sellers accepting 5.5% off the asking price to agree sales, an </p> <p> average discount of £18,000 - the largest gap for over 5 years </p> <p>• Discounts to asking prices for agreed sales are 6.1% in London </p> <p> and the South East (£25,000) and 4.8% (or £11,000) for rest of </p> <p> UK</p> <p> </p> <p>(Watch/Listen) <a href="https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-november-2023/">https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-november-2023/</a> </p> <p> </p> <p>#fifeproperty #fifeestateagent #housepricegrowth #buyerdemand #buyersmarket #inflationslows</p> <p> </p>