New analysis naming Merseyside as England's most resilient housing market will not surprise seasoned regional investors, but it does crystallise a trend that has been building for the best part of a decade. While London and the South East have absorbed the brunt of higher borrowing costs and stretched affordability ratios, Liverpool and its surrounding boroughs have continued to record steady price growth, robust transaction volumes and rental yields that remain among the highest in the country. Average house prices across Merseyside sit at around £185,000, roughly 40% below the England average, while gross rental yields in postcodes such as L7 and L15 routinely exceed 7.5%, comfortably outpacing the sub-4% returns typical of prime central London.