Inverclyde is the most affordable place to buy a house in the UK
Despite fall, experts say figures show market’s resilience
The year-on-year fall of 3.8% is the largest since July 2009
ONS figures show 1.9% lift in the year to May
Rightmove says the average asking price has dropped by 0.2% this month, or £905
Halifax has reported a 1% drop from May 2022 to May 2023
Average cost of a home rose by 0.5% in April to £260,441
Estate agents are at their least optimistic for 14 years
Reported rise of 1.1% for February flatly contradicts Nationwide’s fall of 1.1%
RICS house price balance fell to -47 in January, down from -42
Sub-4% mortgages are re-emerging but Halifax says steeper house price falls are due
Prices are now 3% below their summer peak