Annual house price growth slows to 1.2%, says Zoopla

house prices

The property portals House Price Index predicts price falls of up to 5% in 2023

Annual house growth has decreased to 1.2% according to the latest figures released by Zoopla.

The sharp slowdown in annual growth is a pattern repeated across most regions and countries of the UK, according to the House Price Index. 

Growth is highest in Wales at +2.5% and lowest in Northern Ireland at -0.8%.  

Some markets are still registering annual price increases of over 4% including Powys in Wales (4.1%), followed by Calderdale in Yorkshire (4%) and Dumfries & Galloway in Scotland (4%).  

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