The soaring rate of house pricing is coming to an end in London and other Southern cities. Prices have gone through the roof in these areas over the past few decades, due to lack of supply and growing demand. However, due to poor affordability and lack of people able to participate in the market, this growth is now slowing. Rapid annual growth is now being seen instead in the Midlands and the north, where property prices are much more attractive.

First-time buyers bear brunt of ‘resilient’ house prices – The Week UK