In Q2 2024, Wales' average house price rose 3.1% to £236,369 after five consecutive quarters of decline.
Wales' average house price rose 3.1% to £236,369 in Q2 2024, marking the first increase after five consecutive quarters of decline since Q2 2022. Counties Bridgend and Ceredigion experienced a 16.2% increase during the same period. Despite remaining 5% below their December 2022 peak, the housing market may stabilize with better economic conditions, increased affordability, and growing buyer interest.
July 28, 2024
3 Articles