Homeowners Expecting Price Growth in 2019

Date Published 22 June 2019

* 8 in 10 homeowners expect property prices to rise over the remaining six months of 2019, according to the latest Housing Sentiment survey. This is despite evidence of a slowing market and continued political uncertainty.

* Homeowners across Yorkshire and the Humber, the North West and Wales feel the most confident about property price growth. However, even across London and the South East, over two-thirds and three-quarters of homeowners respectively, expect prices to rise.

* On average homeowners expect prices to rise in the region of 4.8%, with those in the Midlands and the North East anticipating rises of over 5%. This is substantially higher than the current level of house price growth (1.4%).

* Positive consumer sentiment plays a key role in the housing market, encouraging both prospective purchasers and vendors, although sensible pricing in the current market will remain crucial to closing a sale.