City house price inflation down from a year ago according to Hometrack

October 25, 2017

The Hometrack UK Cities House Price Index – September 2017 report released today reveals: City house price inflation is running at 4.9% per annum down from 6% a year ago. Quarterly growth rate at a 14-month high supported by increased sales volumes.

It states: The annual rate of price inflation in London has stabilised at 2.3% per annum. This is well down on the 8% annual average growth rate since 2010.

The report mentions that a modest increase in mortgage rates will initially impact sentiment and levels of market activity.

Scottish cities are  out-performing on rising sales, while most cities are registering house price growth below that a year ago, there are six cities where the annual rate of growth is higher, most notably in Scotland according to the report.

Read the Hometrack UK Cities House Price Index – September 2017 report in full click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Property for sale
Breaking News

Why Vacant Dwellings Should Be Converted Into HMOs

The Hidden Housing Fix: Thousands of Empty Homes Could Become HMOs New research from COHO, the HMO management platform, reveals that England’s stock of Houses in Multiple Occupation (HMOs) could grow by nearly 5,000 properties simply by repurposing a small portion of the country’s long-term vacant homes. According to the latest UK Government housing data (2024),…
Read More →
Cat Trees and Scratching Posts
Breaking News

New Rules on Pets and Discrimination: What Landlords Need to Know

By Allison Thompson, National Lettings Managing Director, LRG The Renters’ Rights Bill is set to introduce a wave of changes to the private rented sector, including new protections for tenants with pets, children, or those receiving benefits. These reforms aim to prevent blanket bans and create a more inclusive and transparent rental market. Landlords will…
Read More →
Seaside Properties UK
Estate Agent Talk

Majority of Agents Plan Summer Holiday

The latest research from eXp UK has found that the majority of UK estate agents intend to take annual leave this summer, despite it being traditionally one of the busiest times of the year in the property market. The survey of UK estate agents, commissioned by eXp UK, revealed that 32% of agents have already…
Read More →
Breaking News

Property sector benefits from additional £74M investment in the last year

New research has revealed that private investment in the UK property sector increased by £74.10 million last year – the fourth-highest surge of any UK sector. This comes as the UK Investment Association unveils new recommendations to unlock private market investment in UK businesses, potentially paving the way for future investment going forward. The business…
Read More →
Breaking News

Breaking Property News 10/07/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Faster, smarter conversations with students and partners at every touchpoint – rental UX for all UK rental services provider, Housing Hand, has partnered with pioneering tech startup VerbaFlo, the next-gen conversational AI platform for businesses, to unlock faster, smarter conversations with students and partners at every touchpoint.…
Read More →
Breaking News

London Rents Have Risen 39% in a Decade

London Rents Have Risen 39% in a Decade – But Just 0.7% When Adjusted for Inflation The latest research from London lettings and estate agent Benham and Reeves has found that while the average rent in London has climbed by 39.2% over the past decade, when adjusting for inflation, the real-terms increase is just 0.7%,…
Read More →