What is happening to house prices: the Home guide

In this guide

June 2024

• Home Asking Price Index, June 2024: high borrowing costs risk stalling the market

  Asking prices in England and Wales rose 0.5% in June 2024, while unsold stock reached 485,269, the highest June total since 2014.

  12 June 2024

May 2024

• Home Asking Price Index, May 2024: home prices rise further while stock levels surge

  Asking prices in England and Wales rose 0.4% in the month while unsold stock surged to 475,785, the highest since November 2018.

  15 May 2024

April 2024

• Home Asking Price Index, April 2024: prices surge as properties 'fly off the shelves'

  Average asking prices for England and Wales rose 0.9% month-on-month and 0.8% year-on-year, while new instructions increased 12% and time on market fell to 83 days.

  17 April 2024

March 2024

• Home Asking Price Index, March 2024: prices up in all regions as the market picks up pace

  Asking prices rose 0.4% in February, edging up 0.1% year on year, while unsold stock reached 451,185 across England and Wales.

  13 March 2024

February 2024

• Home Asking Price Index, February 2024: spring optimism permeates the market

  Asking prices in England and Wales rose 0.2% month on month but remain 0.1% lower year-on-year, with unsold stock reaching 440,674 properties.

  14 February 2024

January 2024

• Home Asking Price Index, January 2024: prices hold firm on rate cut optimism and falling stock

  Asking prices in England and Wales held steady in December, unsold stock fell to 423,827 and rents eased 2.9% over three months.

  12 January 2024

December 2023

• Home Asking Price Index, December 2023: stock levels drop further and prices post marginal year-on-year gain

  Asking prices in England and Wales fell 0.7% in November but ended the year up 0.1%, while unsold stock dropped to 439,006 properties.

  13 December 2023

November 2023

• Home Asking Price Index, November 2023: stock levels and prices in seasonal decline

  England and Wales asking prices fell 0.6% during October, taking the annual change to -1.6%, while unsold stock dropped to 468,220.

  16 November 2023

October 2023

• Home Asking Price Index, October 2023: prices tick up as supply remains tight

  Asking prices in England and Wales rose by 0.2% in September, though remained 1.5% lower than a year earlier amid tight supply of new instructions.

  13 October 2023

September 2023

• Home Asking Price Index, September 2023: prices wilt but marketing times remain below pre-COVID figures

  Average asking prices in England and Wales fell 0.4% in August, leaving them down 1.8% year on year while unsold stock rose to 456,548.

  13 September 2023

August 2023

• Home Asking Price Index, August 2023: prices hold firm in the North but slide in the South

  England and Wales asking prices dipped 0.3% in a month and 1.8% year on year, while stock rose to 445,363 and rents jumped 11.9% annually.

  16 August 2023

July 2023

• Home Asking Price Index, July 2023: prices flatline as stock levels surge

  Asking prices across England and Wales stayed flat in June while unsold stock rose to 425,624, its highest level in thirty months.

  12 July 2023

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