The latest house price data from the Office for National Statistics (ONS) shows that the average monthly house price increase in Wales is continuing to steadily slow down.
According to the ONS, average house prices in Wales increased by 10.7% in the year to November 2022, down from 11.9% in the year to October 2022. The average price of a property in Wales now stands at £220,366.
However, in the year to November 2022, average house prices in Wales were increasing slightly faster than average house prices in the UK as a whole, 10.7% compared to 10.3%.
