Annual house price growth has seen the eighth consecutive increase.

There continues to be regional fluctuations in house prices, Propertymark says

Sellers in every region of the country saw their returns fall between 2023 and 2024, but which region has seen the biggest decrease in cash terms?

Northern Ireland maintains the strongest UK annual house price growth.

Regionally, the South East had the smallest percentage growth in average house prices.

Northern regions have seen higher price growth than southern regions.

Average property prices are now 24.6% higher than at the onset of the pandemic.

House prices have counteracted the usual winter slowdown.

House price growth is likely to remain broadly in the 2-4% range in 2025, Nationwide predicts.

Despite the festive lull, activity remains substantially stronger than the same period a year ago.