Upward momentum in house price growth across regional cities shows no sign of slowing according to Hometrack
September 29, 2017
The latest Hometrack UK Cities House Price Index August 2017 reveals that UK city house price inflation is at 4.9%, down from 6.6% in August 2016.
City house price inflation is being sustained by above average growth in regional cities while prices in London have stabilised but are falling in real terms.
The upward momentum in house price growth across regional cities shows no sign of slowing. Manchester is the fastest growing city (7.3%).
Total value of all private homes across the 20 UK city index exceeds £3.0 trillion (£3,000bn), two thirds of which is accounted for by London.
Read the Hometrack UK Cities House Price Index August 2017 in full click here.
You May Also Enjoy
Conveyancing causes more stress than property chains
The latest research by Lyons Bowe has found that 42% of recent homebuyers say conveyancing is the biggest barrier to a smooth property transaction, compared with just 19% who point to property chains. The survey of 1,000 recent homebuyers* examined which aspects of the transaction process had presented the biggest barriers to a smooth journey,…
Read More 
Britain’s most competitive summer rental hotspots
New analysis from the UK’s largest property platform Rightmove has revealed the areas where renters faced the strongest competition this summer, with several North West towns emerging as the toughest places to secure a home Wallasey and Birkenhead in Merseyside were Britain’s joint most competitive rental market during July and August, with an average of…
Read More 
The 5 tasks lettings agents won’t trust to AI
AI must make lettings more human, not less, and that requires real rental intelligence. The latest research from Propoly has found that letting industry professionals see a clear role for AI in property management, but are reluctant to let it operate without human oversight, particularly when decisions involve people, complex circumstances or potentially significant consequences. Propoly…
Read More 
Foxtons Lettings Market Index – August 2026
The busiest weeks arrived earlier than usual, with activity spread more evenly across the summer due to implementation of the RRA • Renter registrations eased 3.0% in August. Along with July, it was still the peak of 2026, finishing off the summer rush just below July’s levels. • Competition for available property rose 22.4% in…
Read More 
Three-quarters of homebuyers hunt after 5pm
Britain’s property hotspots where estate agency branches are handling the most sales revealed The latest internal data from Street.co.uk has revealed that estate agency branches using the platform are handling an average of 4.7 property sales per branch each month across Britain’s major cities, some two properties more per branch than the estimated wider market…
Read More 
Breaking Property News 23/9/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Voluntary upfront property information is a tax on conscientiousness estate agents Nobody wants to go first Thought Leadership by Olivier Januiax Founder of Nestlink ‘Picture this, you have invited two estate agents to carry out a market appraisal on your home, because you want…
Read More