Prices rise in all cities in key index for first time in over three years

Key cities in the UK continue to see property price growth with values in London and Aberdeen picking up in the 12 months to February 2019, according to the latest property index. It is the first time in three and a half years that every city in the Zoopla index have seen price growth with London recording year on year growth of 0.4% and Aberdeen up 1.8%, a much stronger performance than the fall of 5.6% from February 2018. Overall prices in the 20 cities covered by the index increased by 2.8%, more or less unchanged year on year, but growth is much stronger in some locations, led by Leicester where prices rose by 6.8% year on year, Manchester up 5.8% and Glasgow up 5.7%.