Published On: Tue, Oct 6th, 2020

House prices latest news: Where to invest in the UK – property values boom

Other forecasts have claimed values are set to skyrocket by £20,193. 

The average house price agreed has gone up from £316,753 in July 2020 to a projected £336,946 in November 2020, according to reallymoving.

Rob Houghton, CEO of reallymoving, comments: “Buyers are determined to make their move now, despite the fact that the current spike in prices will in many cases wipe out the stamp duty savings.

“For those higher up the ladder with secure finances, a healthy level of equity in their property and little other debt, gloomy economic forecasts are only encouraging them to press ahead with the move rather than sit tight and wait out what could be a long and painful recession.”

Source link

Most Popular News