Loree Ranique

Housing Market 2024 Uk Gov. The number of transactions continue to fall in response to higher interest rates: The land registry says the average price of a property in the uk increased by 2.2% between july 2023 and 2024.

For a better understanding of what will happen in the uk housing market during the second half of this year, it will be more useful to study the next inflation data. Increases in housing costs can be expected to affect households differently, depending on whether they rent or own their own home.