Since 2005 London’s annual price rise has been 4.5%, while the North East has managed only 1.9%, underscoring the stark regional disparity.
This brief summarises reporting published by www.propertywire.com on 16/10/2026. Claims below are attributed to that source.
Higher mortgage rates are curbing demand in southern markets, reinforcing affordability pressures.
Data since the 2022 rate hikes show the north’s price gains now exceed inflation, reversing earlier trends that favoured the South.
Northern regions are seeing quicker sales amid price advantages, with transaction volumes outpacing the South.
Lower absolute house prices keep northern markets more accessible compared with the South, sustaining buyer interest and faster closures.
