The average UK house price is £6,000 higher than 12 months ago.

The number of sales agreed among resale properties is now 6% higher than in 2019.

The number of sales being agreed is up by 27% year-on-year, a strong rebound compared with last year’s more subdued market.

Sales have improved, with further increases expected in the near future.

Northern Ireland continues to record the strongest annual house price growth in the UK.

The annual growth rate picked up to 2.4%, from 2.1% in July.

Buyer demand (+20%) and sales agreed (+23%) are up on last year when spike in mortgage rates slowed demand and market activity.

Rightmove has raised its 2024 house price forecast from -1% to +1% due to positive market trends.

Average UK house prices grew by £8,000 in the 12 months to June.

Near-term sales expectations rise to the strongest result since January 2020, while respondents anticipate market activity increasing in the months ahead.