UK housing market celebrates the busiest year since 2007

The UK housing market celebrates the busiest year since the day before the severe financial crisis of 2007


The UK housing market has been the busiest year since the day before the severe financial crisis of 2007.

According to the property portal Zoopla, about one of the 16 privately owned homes would have changed hands by the end of the year.

This is an increase from one-twentieth of 2019 before the pandemic.

Busy: Approximately one of 16 privately owned homes will change hands by the end of the year

Average home prices in October rose 6.9% year-on-year, slightly easing from more than 7% in August and September, but average growth over the last three months is higher than at any time since 2014. I am.

Zoopla expects prices to slow down, but is still expected to rise by 3% by the end of 2022.

advertisement

UK housing market celebrates the busiest year since 2007

Source link UK housing market celebrates the busiest year since 2007

Exit mobile version