Northern Ireland remained the top performing area, with annual price growth accelerating to 13.5%.

The OBR attributes this rise primarily to planning reforms, which are expected to support increased housebuilding.

Transactions rose by 13% between January and February.

Mortgage industry spokespeople were underwhelmed by yesterday's Spring Statement.

Reeves says the government is “within touching distance” of its target of building 1.5m new homes.

House prices saw their highest rate of annual growth since February 2023.

A spring surge in homes for sale reinforces a buyers market, Zoopla says.

OPDA research highlights gap in consumer perception of digital property transactions.

Detached properties have increased in value by more than £100,000 over the last five years.

The UK housing market returned to growth in 2024 – increasing by £22.3bn in size.