ONS HPI points to further rebalancing – Mortgage Strategy
The latest ONS House Price Index, shows that average UK house prices increased by 3.5% in the 12 months to April 2023, down from 4.1% in March 2023. MD of Real Estate at Shawbrook Emma Cox says the UK property market is navigating challenging conditions, including high interest rates, inflation, and reduced budgets
Source: mortgagestrategy.co.uk