<p><span>House price growth has started to slow while the level of new homes supply is showing signs of improvement, according to the latest data from real estate company Zoopla.</span></p> <p><span>Zoopla’s UK House Price Index for January shows that average house prices in the three months to January increased 0.9% to 7.8% annual growth. This was slightly down on December’s 8%.</span></p> <p><span>Throughout 2021, prices continued to grow with buyers and home owners continuing to reassess their priorities in response to the pandemic. This followed “one of the busiest years the market had ever experienced,” Zoopla said.</span></p> <p><span>But January’s data shows the lowest level of quarterly house price growth since August 2020. At the same time, Zoopla noted that house prices were not likely to follow a “linear” path. As of January 2022, the average price of a UK home was </span><span>£244,100, which Zoopla said was a rise of around </span><span>£80,000 over the past decade.</span></p> <p><span>Zoopla pointed out that price growth varied locally, with Powys in Wales seeing a 16.6% increase while London experienced the smallest rise, at 3.1%. Contrastingly, prices in the city of London dipped 2.2%.</span></p> <p><span>Reflecting the enduring high demand, Zoopla’s figures show that homes demand during the four …