Editor's note: This brief was summarised by The Property AI Newsroom from a report by Landlord Today. Read the original article for full details.
Lloyds Index Shows South of England Trails in House Price Growth
The latest Lloyds House Price Index, previously known as the Halifax index, highlights that the housing market in the south of England is underperforming compared to other UK regions. According to the data, Northern Ireland has recorded the strongest annual house price growth in the UK.
The report states that average house prices in Northern Ireland have increased by 7.4% over the past year, reaching £229,000. This information may be relevant for letting agents and inventory clerks monitoring regional property trends and advising clients on investment prospects.
Source: Landlord Today