With the number of available homes still at a decade-high level, summer sellers are pricing even more competitively to attract buyer interest.
With the number of available homes still at a decade-high level, summer sellers are pricing even more competitively to attract buyer interest.
Over half of these homes are in the North West, Yorkshire and the Humber and Wales.
The average UK house price is £10,000 higher than 12 months ago.
Northern Ireland leads on house price rises, however, prices decline in most English regions.
First-time buyer numbers have returned to pre-stamp duty change levels.
Terraced properties saw the highest price growth by type, rising 3.6% over the year.
London was the only English region where annual inflation was higher in April than March.
Buyer demand is now 3% ahead of this time last year, while the number of homes coming to market is 11% ahead.
House prices have fallen by 0.4% in May, as the market adjusts after April’s stamp duty deadline.
Across Great Britain, the number of sales agreed is now 6% ahead of the same period last year.
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