The UK Property Market is Now in Better Health Than Four Years Ago
There are various ways we can use to track how the UK property market is performing.
One of the most common ones is house prices and how they are rising or falling. Rising prices mean that the market is performing well, while falling prices are usually a cause for concern.
The Land Registry’s UK House Price Index reports that prices rose by 6.3% annually from January 2023, the latest data available. This shows that the market is still going strong as prices are higher than in 2022.
A second way we can determine the health of the housing market is