Property giant Zoopla has released the latest national house price figures including a breakdown for Bristol. Its new House Price Index released today (December 22) highlights the average house prices in different UK cities and the annual percentage change of house prices in those areas.
With so many people wanting to buy their own houses you might expect the demand for homes to be higher than ever, especially in a fast-moving property market like Bristol. But some property experts in the city have warned that with the cost of living crisis, the house price crash has already begun.
Zoopla's national findings show that many buyers are "holding out to see what the market and economic outlook is in January". Demand for homes is down by 50 per cent when the quarterly growth rate is compared.
