We bring you the latest trends in the UK’s housing market with a detailed focus on our local Lettings market.

House prices

Price moderation of 6.8% is expected for the housing market over the course of 2023/24 according to the latest official forecasts by the Office of Budget Responsibility. Price growth of over 19% was recorded for 2021-22.

Economy

The UK economy remained static in February, the effects of strike action countering a rise in construction activity. In the three months to February, the ONS report the economy grew by 0.1%

Transactions

The HMRC report 89,560 sales took place in March 2023, a rise of just 1.3% on February. Non-seasonally adjusted figures however suggest there was a 26% rise.