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Housing prices surge as inventory hits historic lows

  • UK house prices rose 4.8% to an average of £291,000 in January 2025, reflecting improvement over the previous year's rates.
  • The North East of England had the highest annual inflation rate at 9.1%, according to the Office of National Statistics.
  • Wales saw a six percent annual increase, reaching an average house price of £210,000.
  • London recorded the lowest growth at 2.3%, improving from 0.4% in December 2024.
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Bias Distribution

  • 67% of the sources lean Left
67% Left
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The Journal broke the news in Ireland on Tuesday, March 25, 2025.
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