Article 6JMA3 Signs of UK housing market recovery as price falls ease

Signs of UK housing market recovery as price falls ease

by
Phillip Inman
from World news | The Guardian on (#6JMA3)

Price of average property decreased by 1.4% in 12 months to December, says ONS

The housing market is expected to stage a recovery in 2024 after average UK house prices fell by only 4,000 last year, according to official figures.

The price of the average home decreased by 1.4% in the 12 months to December 2023, an improvement on an annual fall of 2.3% recorded in November, the Office for National Statistics said.

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