Northern Ireland continues to record the strongest annual house price growth in the UK.

The annual growth rate picked up to 2.4%, from 2.1% in July.

Buyer demand (+20%) and sales agreed (+23%) are up on last year when spike in mortgage rates slowed demand and market activity.

Rightmove has raised its 2024 house price forecast from -1% to +1% due to positive market trends.

Average UK house prices grew by £8,000 in the 12 months to June.

Near-term sales expectations rise to the strongest result since January 2020, while respondents anticipate market activity increasing in the months ahead.

Northern Ireland continues to record the strongest annual house price growth in the UK.

The annual growth rate rose from 1.5% in June to 2.1% in July.

Buyers are now paying 96.8% of the asking price, the highest for 18 months.

The largest deficit between asking price and sold price is currently found in Wales.