Halifax has recently revealed the latest data about the growth in UK house prices. The data shows that UK house prices increased at the fastest pace since June 2016. During October, average house prices across the UK exceeded £250k for the first time in history. The lender exposed that house prices in October were 0.3%…
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The latest Nationwide index shows that annual house price growth has surged by 5.8% in October. Its the highest level since January 2015. The monthly rise in October was 0.8% after taking account of seasonal effects, following a 0.9% rise in September. This takes the average house price to £227,826. Looking for best estate agent…
The latest Nationwide House Price Index figures revealed,the UK house prices have seen an annual increase of 5%, the highest growth since September 2016.The average house price is now standing at £226,129.The figures also revealed that month-on-month prices have increased by 0.9%. Commenting on reasons for the increase, Robert Gardner, chief economist at Nationwide, said:…
Redrow, the British housebuilder, has reported that profits tumbled by almost two-thirds over the year to June 28 due to the effects of the coronavirus pandemic. COVID-19 pandemic affected construction and sales which lead Redrow to lower profits. It said that pre-tax profits slid by 65.5% to £140 million for the year, as revenues dived…