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Alexander and Co
by on January 20, 2020
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Is Wing on the cusp of another house price boom?
The last house price boom really was something. It created property millionaires, TV celebrities, accidental landlords, an explosion of PropTech companies and one or two red-faces in its aftermath. In 2007, it’s hottest year, the price of the average UK home rose by £15,900. Wing felt the effect as well, by prices rising by 11.3 per cent or £27,300 in that year alone.
We all know things came to a sudden halt in 2008 with the credit crunch, when the availability of mortgage finance evaporated seemingly overnight. Since then the national market has made something of a come back with prices rising more steadily and sales volumes sitting broadly half way between their highest and lowest point in the period 2000 to 2007.
Read more...@https://www.alexanderandco.co.uk/market-updates/wing/356-is-wing-on-the-cusp-of-another-house-price-boom
Posted in: Real Estate
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