As for prices, Zoopla’s latest data, which covers April 2024, shows that prices in the North of England remain firm with the North East leading the pack with a 1.4 % increase year on year followed by the North West with 1.1 per cent and Yorkshire 0.8 %. The East of England has seen the biggest slip in prices with a dip of 1.6 % followed by the South East with a 1.3% decline. Its major cities index shows Newcastle top the table with a 1.
This is replenishing the supply of homes for sale and delivering buyers more choice. In most areas supply is growing faster than sales agreed. The South West of England has recorded a 33% increase in homes for sale compared to last year, with an above-average increase in the expansion in 4-bed homes for sale. Tax changes for holiday lets and the prospect of double council tax for second homes are likely to be encouraging some owners to sell.
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Source: The Yorkshire Post - 🏆 39. / 66 Read more »