UK Monthly Market Briefing: May 2021

Market Report provided by Zoopla

Average annual house price growth has been at +4% or above since last November, the highest levels of growth seen since 2017. Price growth is being underpinned by the ongoing mismatch between soaring demand and the limited supply of homes available for sale. House price are growing fastest in the Midlands, the North of England, Scotland and Wales, where affordability levels mean there is more headroom for home values to rise.