Name: House price growth continued to outpace wages in UK
Uploaded: 2022-08-08T00:00:00.000Z
Duration: 1 min 12 s
Channel: Roomvu.com
Description: The UK housing market remained buoyant in July, with an avg home price of ~ £271K. This represents ↑ 11% yearly and ↑ 0.1% MoM, the 12th monthly rise in a row. However, experts expect the market to slow as price growth has continued to outpace wages by a wide margin.

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National Association of Housebuilders' index ↑ to 37 in December, exceeding expectations of 36.
Homebuilder sentiment improved for the first time in 5-mo.
The improvement was fueled by falling mortgage rates and promising economic data.

US housing market shows signs of optimism in early-winter

US Housing Market Shows Signs of Optimism in Early-Winter

The UK housing market remained buoyant in July, with an avg home price of ~ £271K.
This represents ↑ 11% yearly and ↑ 0.1% MoM, the 12th monthly rise in a row.
However, experts expect the market to slow as price growth has continued to outpace wages by a wide margin.

House price growth continued to outpace wages in UK

House price growth continued to outpace wages in UK

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