Nationally, prices continue to show signs of slight cooling, with annual rates of house price inflation for England in January 2018 coming in at 4.6%, compared with 5.1% for January 2017. Higher value areas have experienced the greatest level of cooling with 75% of areas with an average sold price of over £600k experiencing falling prices.
Sales transactions continue to fall across the country, with month-on-month falls of up to 13% in some Southern regions. The smallest falls were in the North where both the North East and West regions recorded falls of 4% from the total number of sales in November 2017.
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