Housing Market 2024 Uk 2024. We doubt the small fall in nationwide house prices in august was the start of a renewed downturn. Uk housing market update lower interest rates pave the way for a stronger 2024 our forecast of earlier bank rate cuts mean that mortgage rates will be.
Homes are currently looking expensive by historic standards amid rising mortgage rates over the last 18 months. The average house price increased in the year to q1 (jan to mar) 2024 to £178,000 in northern ireland (4.0%).