There has been continued growth in large regional cities according to Hometrack

February 27, 2018

The latest Hometrack UK Cities House Price Index report – January 2018 reveals UK city house price inflation +5% year on year.

Hometrack data shows there has been continued growth in large regional cities, despite house price inflation slowing to 5.4%.

Five cities register real price falls including London, where price growth has slowed to +1.8%.

The report reveals house price growth since 2009 varies from +6% in Aberdeen to +86% in London.

The report goes on to say that Cities outside southern England have further room for house price growth, Hometrack expect house prices in regional cities such as Birmingham and Manchester to increase by 20% to 30%.

Read the latest Hometrack UK Cities House Price Index report – January 2018 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.

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