Sales agreed are up 9% compared to a year ago.
Related topic: House prices
Average house prices increased in 69% of areas compared with 2022, while average earnings increased in 88%.
House prices climbed by 0.5% between December and January.
The number of sales being agreed is now 13% higher than at this time last year.
House prices continue to stabilise with twelve-month projections signalling a return to growth.
The average house price is now only around £1,800 below the peak seen in June 2022.
The annual rate of change returned to positive territory for first time since January 2023.
The number of homes for sale are a fifth (21%) higher than a year ago, with buyer demand up 11% and sales agreed 15% higher.
Agreed sales in the first six weeks of 2024 are 16% higher than over the same period last year.
On a monthly basis prices have shown signs of positivity with a 0.1% increase.
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