House prices

"Falls in the cost of debt and an improving economic outlook have created more capacity for house price growth"

"Greater stability in the mortgage markets has encouraged more domestic buyers back to the outer prime London markets whilst prime central London remains steady having held up more strongly since 2022"

"Scotland’s prime market has seen a record number of agreed sales so far this year, with a recovery in prices in some areas as mortgage rates settle. As more properties become available, realistic pricing will remain essential for underlying demand to continue to translate into transactional activity"

"As the mortgage markets improve confidence has returned to the prime regional markets outside of London. This has seen values bottom out over the first three months of the year as market conditions stabilise"

"Demand improves and prices rise as the housing market begins to recover"

"House prices grow as confidence improves, but more big rate cuts are unlikely in the short term"