0 minute readBritish home prices leapt 10.5% in April from the same month last year, returning to double-digit growth for the first time since June 2007, home-loans provider Nationwide said. Prices rose by 1% in April from March, taking the annual gain to 10.5%, according to Nationwide. The average value of a home in Britain stood at STG167,802 ($A275,831), according to the survey.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio