The greatest downward pressure on prices is being registered in inner London areas according to Hometrack

March 27, 2018

The latest Hometrack UK Cities House Price Index report – February 2018 reveals: The divergence in house price growth between southern England and regional cities continues with overall HPI at 5.2%.

Regional cities continue to register above average growth with five cities registering price inflation over 7% according to Hometrack.

The headline rate of growth across London has slowed to just 1%, down from 4.3% a year ago. This is the lowest annual rate of growth since August 2011. Hometrack points out that the greatest downward pressure on prices is being registered in inner London areas where prices are highest prices, yields lowest and with a greater share of discretionary buyers.

Read the latest Hometrack UK Cities Price Index report – February 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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