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.
![10% more home sales predicted in 2024: Zoopla Sold house sign](https://www.financialreporter.co.uk/images/243x170/sold_house_sign-8490.jpg)
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.
Housing market resilience means that the total value is still £1.585 trillion higher than pre-pandemic.
The typical UK home now costs £291,029, over £3,900 more than last month.
The annual rate of growth recorded the strongest outturn since January 2023.
UK buyer demand is up 12% and sales agreed are up 13% year-on-year.
Buyer enquiries recorded the least downbeat reading since April 2022.
UK house price annual inflation has been generally slowing since July 2022, when annual inflation was 13.8%.
The number of new properties coming onto the market for sale is 15% higher than in the same period last year.
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