It Looks Like A Promising Time For The UK Property Market

 

After starting the year with a moderation of -1.7%, annual house price growth has recovered to 2.7% in June, bringing the average price of a property to £287,927.

This is the first month since April 2023 that all UK regions are recording positive annual price growth. Northern Ireland is experiencing the strongest growth at 6.4%, followed by Yorkshire and the Humber (4.7%) and Scotland (4.3%).

Confidence should continue to return to the housing market across the coming months, as inflation remains under control and interest rates are now taking their first steps downwards.

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Are You A Homeowner Or Landlord In Kent?

At Quealy & Co we use our skill, experience, and local knowledge to place your property on the market at the right price. 

Call us on 01795 429836 or email hello@quealy.co.uk to chat with a member of our friendly and experienced team to find out how much your property is worth to sell and to let, and how our expert marketing gets you the best possible price for your home. 

You can also use our instant online valuation tool if you just want a ballpark figure of your home's value at this stage: Click here

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Source: Dataloft by PriceHubble, ONS, UK HPI. June 2024