The amount of homes for sale across the country is at an eight-year high ahead of the general election, in a trend which experts say will limit house price rises for the rest of 2024.
Just below one-third of homes for sale were also listed for sale in 2023 but failed to find a buyer. But an expected fall in mortgage rates this year, combined with rising sales volumes over the last six months, has boosted morale. The trend is expected to keep house price inflation in check. Zoopla's latest index found yearly house price inflation is minus 0.1 percent, meaning prices have fallen slightly over the last 12 months.
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