Zoopla UK House Price Index – December 2022

<p><strong>Zoopla UK House Price Index – December 2022</strong></p> <p>• House price growth ground to a standstill in Q4 2022, dragging the annual rate of house price inflation lower to +6.5%</p> <p>• Most regions registered small price falls in Q4 2022</p> <p>• Demand has rebounded to pre-pandemic levels, in line with 2018 and 10% higher than in 2019</p> <p>• It’s going to be a slow start to Q1. Early buyers are focusing on flats with a shift away from houses in response to higher borrowing costs and the hit to buying power</p> <p>• We expect demand to improve further in the coming months as mortgage rates continue to fall and would-be movers realise that large price falls are unlikely to materialise</p> <p><a href="https://www.fifeproperties.co.uk/blog/uk-house-price-index-december-2022/">https://www.fifeproperties.co.uk/blog/uk-house-price-index-december-2022/</a></p> <p>#fifeproperty #fifeestateagent #housepricegrowth #buyerdemand #mortgageratesfall</p>