Published 23rd December 2024

In this month’s report:

• Buyers and sellers return to the housing market over 2024 as mortgage rates fall. The sales pipeline of homes is worth £103bn, 30% higher than a year ago supporting growth in lending volumes for home purchase.
• House prices return to growth over 2024 and stand at +1.9% ranging from +0.7% in Southern England to 6.8% in Northern Ireland.
• Hometrack data shows home buyers becoming more cautious post the Autumn Budget, and as mortgage rates drift higher which will keep price inflation in check.
• Wide variation in price inflation since 2010 means a continued North-South divide in price inflation over 2025.

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