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Welsh house prices see fourth consecutive quarterly decline
The latest report from Principality Building Society reveals a 6% annual decline in Welsh house prices, with a modest quarter-on-quarter fall of 2.2%.

The latest report from Principality Building Society reveals a 6% annual decline in Welsh house prices, with a modest quarter-on-quarter fall of 2.2%.

The current average house price is roughly £10,000 less than its peak of just above £249,000 in Q4 2022.

The new findings mark the second consecutive quarterly fall in 2023, and a decline of more than £3,000 since March.

The average house price in Wales hit a new peak of £226,577 in Q4, 8% higher than the same time the previous year.
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