Zoopla Cities House Price Index November 19

UK City HPI +3.4% yoy

In this month’s Zoopla’s Cities House Price Index report, powered by Hometrack we forecast the house price growth that we expect to see in 2020, as well as reveal the three cities that we believe are most likely to register above average growth next year.

For a true indication of the market conditions in your local area and for further 2020 insights to bolster your market expertise download the full report.


UK city house price growth 3.4 % 2019 UK city house price
London house price growth 1.7 % The annual rate of price inflation

Report highlights

The headline rate of UK house price growth increases again this month to +3.4%. The cities with the fastest rate of growth have changed with Liverpool dropping from 3rd to 6th place at +3.8% and Edinburgh (+5.4%) and Manchester (+4.7%) knocking Leicester (4.5%) off the top spot.

The recent election results have delivered a level of certainty, however it’s important to remember that the results alone do very little to change the affordability fundamentals that ultimately affect home buyers. The combination of the lower mortgage rates and rising incomes have been key to the annual increase in prices. Looking ahead, affordability pressures will continue to be the biggest constraint (or facilitator) to growth in 2020.

Moving away from growth and onto sales volumes we are expecting an increase in London, while growth remains relatively muted, whereas at a national level, we expect housing sales to remain at approx 1 million over the course of 2020.

For the full low-down on this months’ Cities Price Index download a free copy of the full report.

Download report
Zoopla Cities House Price Index November 19

UK City HPI +3.4% yoy

In this month’s Zoopla’s Cities House Price Index report, powered by Hometrack we forecast the house price growth that we expect to see in 2020, as well as reveal the three cities that we believe are most likely to register above average growth next year.

For a true indication of the market conditions in your local area and for further 2020 insights to bolster your market expertise download the full report.

Subscribe to continue reading