Housing Market 2024 Uk Data. We now expect uk mainstream prices to rise by 3% in 2024, which compares to a decline of 4% predicted in october. Uk estate agents are more upbeat than at any time since before the pandemic amid easing mortgage costs and hopes that the bank of england will cut.

In the wider uk market, annual growth was 8.6% in july and falling, which means it should end the year close to our 6%. The recent drop in mortgage rates has caused house prices to rise a bit faster than expected.