ZOOPLA UK House Price Index November 2022

<p><strong>ZOOPLA UK House Price Index November 2022</strong></p> <p><br></p> <p>Executive summary</p> <p><br></p> <p>• UK house prices increased by 7.2% over 2022</p> <p>• Quarterly growth slows rapidly and is set to move negative in Q1</p> <p>• Discounts to asking price widen to 4%</p> <p>• Buyer demand 50% lower than last year, new sales agreed 28% lower</p> <p>• Affordability and value for money are key to the outlook for 2023</p> <p>• House prices in affordable markets less exposed to higher mortgage rates than in high-value markets where prices have underperformed</p> <p>• Flight to rural and coastal areas moves into reverse</p> <p>• Flats and urban areas expected to fare better in 2023</p> <p><br></p> <p><a href="https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-november-2022/">https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-november-2022/</a></p> <p><br></p> <p>#UKHousingMarket #HousingBoom #HousingBust #HousingSupply #FifeProperties</p> <p><br></p>