UK city house price inflation at its lowest growth rate for 5 years

4 January 2019

Hometrack has recently released its November UK Cities House Price Index Report with housing price inflation at 2.6%, making it the lowest annual growth rate for 5 years.

Prices falls in London for the second time in 23 years, adding to this, the sustained slowdown across cities in southern England impact the headline rate of growth. Growth rates range from +6.6% in Edinburgh to -4.1% in Aberdeen. Edinburgh (6.6%) registered as the fastest growing city, Manchester and Birmingham also report growth above 6%.

Manchester (6.6%), Liverpool (5.3%), Cardiff (5.1%) and Newcastle (4.8%) register higher growth than at the same time last year. Bristol (3.0%), Portsmouth (2.7) and Bournemouth (2.3%) register the slowest growth.

Overall, the 20 city index forecasts for an annual growth of 2.0% in 2019.

 

To read full report click here

News & Insights

Read the latest housing sector news, blogs, and commentary from ARK.

View more

2024 – the year of compliance?

By Paul O’Callaghan ·

ARK Assistant Director Paul O’Callaghan discusses the New RSH standards and how 2024 brings many new compliance requirements to the …

Recommendations for the Regeneration of Sheltered Housing: our inquiry submission to the APPG

By Nick Sedgwick ·

The APPG has launched a significant inquiry which focuses on the regeneration of outdated sheltered housing. Here, we outline our …

Housing Digital Live – My Key Takeaways

By Private: Pete Evans ·

This week I attended day one of Housing Digital Live 2024, a conference at Edgbaston Stadium, Birmingham, which focuses on …

Subscribe

Subscribe to our newsletters for the latest industry insights

Our newsletters and reports will keep you updated on topical issues from the sector as well as what’s happening at ARK.

Subscribe today