Rising rates drove demand down 13% on last year's efforts in this month's
@Zoopla HPI . This buyerās retreat, for now, only reduced agreed sales by 2% as cash rich buyers or those keen to utilise their previously agreed mortgage offer at a lower rate, opted to move on rather than wait for any potential conflict resolution in the East. At the same time, sellers determined to move after years of rate and economic uncertainty, pressed ahead hoping to win the attention of those still standing and listed, causing stock levels to swell by 6%. Overall, UK house price inflation held steady at 1.3% year on year with growth still dominant in more affordable northern regions while the capital and southern regions saw prices stabilise at lower levels.