Wales seems to be bucking the current UK trend with property prices 4.62% higher than a year ago.
The North of England and East Midlands also fairly strong at just under 4%. However London property prices down -2.5%
Transactions are significantly down througout the UK which is generally keeping property prices steady. Transactions in Wales are over the 12 month period generally down, however Wales saw a spike in transaction in March 2018 – probably due to many people pushing completions through before the 1st April deadline where Stamp Duty changed to Wales Land Transaction Tax (LTT)
Some parts of the UK are now showing small falls in property prices, however Cardiff is still strong with 5% growth in the last year.
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