Zoopla: UK property market is heating up - will house prices rise this year?

Research by the property website suggests buyers are adapting to higher mortgage rates and are making offers closer to asking price. Are house prices rising?

Aerial view of houses
(Image credit: Getty Images/Karl Hendon)

Temperatures may be rising outside but the property market is also heating up with buyers making higher offers and more sales agreed.

The latest Zoopla House Price Index suggests buyers are adjusting to higher mortgage rates as asking price discounts narrow.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.