A fifth of homes have seen values rise by more than the average UK salary in the last year
Zoopla estimates that 4.6 million private homes in the UK rose in value by more than £30,500, the average UK salary, in the last year. That's 21% of all privately owned homes in the country.
‘We suspect house prices will rise only 1% over the year and would not be at all surprised if they stagnate’ – EY
EY's Spring ITEM Club predicts muted property price growth ahead, with a 'limited' upside even if a Brexit deal is agreed. A no deal exit could see house prices fall by 5% in 2020
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The Rise of ‘Necrotecture’: Half of London’s new-build homes are underused, claims academic
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The total value of British homes has climbed by £1.6 trillion in the last five years
A sharp acceleration in property price inflation means that the combined value of British homes has climbed by £550 billion (a third of the total five-year increase) in just the last 12 months, according…
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