Published 27th March 2025

In this month’s report:

• House price inflation slows to 1.8%, as the supply of homes for sale outpaces sales growth.

• Sales agreed continue to rise, up 5% year-on-year, indicating resilient buyer demand.

• Northern regions and Scotland see above-average price inflation, driven by strong demand outpacing supply.

• In contrast, London and southern England experience subdued price inflation (1% or lower) due to a better balance between supply and demand.

• London’s housing market faces a stamp duty deadline hangover, with demand down 3% year-on-year.

• Outlook for lenders: Agreed sales are expected to keep rising, but higher housing supply and static mortgage rates will temper price inflation.

Access the full report below, as well as our London House Price Index and detailed price metrics for 65 cities across the UK.