National indeces can show overall trends, but by drilling down to the city-by-city level, Hometrack provides a much more useful tool for property investors.
"In contrast, cities that have been slow to see prices recover, registering some of the lowest price growth over the last decade, are those currently registering above average growth e.g. Belfast, Liverpool, Glasgow.
"We expect cities with below average affordability levels, typically those with p/e ratios of less than 6x, to register above average house price growth over 2020. Annual growth of up to 4% is realistic, so long as mortgage rates remain low and employment remains high."
Content from Zoopla/Hometrack - click for the full report