The common house worth in Wales was £238,098 within the second quarter of 2025, up 0.7% year-on-year and simply 4.6% beneath its peak of £249,000 in 2022.
This is in keeping with the newest figures from the Wales House Price Index from Principality Building Society in its Wales House Price Index for the second quarter.
Despite ongoing affordability pressures, the elevated variety of transactions – over 10,000 in Q2 (up 13% on final 12 months) – pointed to rising purchaser confidence.
Torfaen recorded the very best quarterly worth change of any native authority at 14%, pushed by periodic high-value sales and restricted housing provide. Carmarthen additionally reported a rise of 6.3%, whereas Flintshire noticed a 3.3% quarterly rise.
However different areas, together with Gwynedd, noticed prices fall within the second quarter, dropping 7.3% from the primary quarter of 2025. A drop doubtless influenced by coverage shifts such as the Welsh Government’s changes to second residence taxation and the impression of latest planning rules.
Commenting on the newest knowledge, Principality chief monetary officer Iain Mansfield says: “The housing market in Wales continued to stabilise within the second quarter of 2025, with prices holding broadly flat in comparison with the beginning of the 12 months. Encouragingly, the regular enhance in transaction volumes alerts growing confidence amongst consumers.”
He added: “While market circumstances stay difficult, a downward pattern in mortgage charges helps to create a extra beneficial setting for consumers. This shift is contributing to a gradual uplift in shopper confidence as we transfer into the second half of 2025.”
